Sy, Tan join Forbes' list of world billionaires
Sy, Tan join Forbes' list of world billionaires
Sy, Tan join Forbes' list of world billionaires
Only two businessmen from the Philippines made it to Forbes magazine's list of the world's billionaires: Welding HoseHenry Sy and Lucio Tan, Jr.
Published last March 10, Forbes' list#x of "The World's Billionaires" estimated Sy and family's networth at $4.2 billion (est. P192 billion), landing him on the 201st slot.
Tan and family, on the other hand, landed on the 582nd slot with estimated net worth of $1.7 billion (est. P78 billion).
Since the magazine's list of The Philippines' Richest 40 published last August, 2009, Sy's wealth has increased 10% from $3.8 billion. Tan's wealth did not change.
Jaime Zobel de Ayala was the third billionaire from the Philippines in the 2009 list, #xbut he was not included in the 2010 cut-offThe 2010 list named 937 billionaires all over the world, with Mexican tycoon Carlos Slim Helu, 70, beating Americans Bill Gates and Warren Buffet as the world wealthiest person on earth for the the first time.
Slim's fortune was estimated at $53.5 billion, Welding Hoseedging out Bill Gates' $53 billion and Buffett's $47 billion. Gates held the title of the world's richest in 14 of the past 15 years.
Asia's richest
Neither Sy nor Tan made it to Asia's top 25 billionaires whose wealth ranged from $29 billion to $7 billion.
Of the 25 richest Asians, businessmen from Indians stood out as the region's richest. India has 10 out of the top 25, Hong Kong and Japan each have 5, while mainland China has just one.
Businessmen from China, however,Carbon fiber hood, have passed India in terms of number of billionaires who made it to the global list
Mukesh Ambani ($29 billion) is the richest in Asia and took the 4th slot in the world's#x richest list. Welding HoseHe owns the conglomerate Reliance Industries, India's most valuable company.
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