INQUIRER.net: Henry Sy, 9 other Taipans top Forbes’ rich list in PH

INQUIRER.net Philippine News for Filipinos

Henry Sy, 9 other Taipans top Forbes' rich list in PH Aug 1st 2013, 02:51 MANILA, Philippines – The richest man in the Philippines, Henry Sy, continues to dominate over the business landscape of the country as he retains the top spot in the Forbes Philippines rich list for the sixth year in a row. "Topping the list for the sixth straight year is Henry Sy. His net worth increased by $2.9 billion to $12 billion, as shares of his company SM Investments reported record profits of over $570 million in 2012," Forbes said in a statement. Lucio Tan is at second with an estimated $7.5billion and "is this year's biggest gainer in dollar terms after his net worth jumped to $7.5 billion, up by $3 billion from $4.5 billion in 2012," Forbes said. An... Keep on reading: Henry Sy, 9 other Taipans top Forbes’ rich list in PH Media files: HENRY-SY-e1375326353351.jpg (image/jpeg)

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