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Network executives included in Forbes Magazine's list of the Philippines' Richest
by Bong Godinez posted on October 4, 2011  STATS: 716 Views | 117 Comments


 ABS-CBN Chairman-CEO Eugenio Lopez III (left) and GMA-7 CEO Felipe Gozon (right) placed 39th and 30th, respectively, in this year's Forbes Magazine's "Philippines' 40 Richest list."

Photo By: Noel Orsal

Network bigwigs Eugenio Lopez III of ABS-CBN and Gilberto Duavit Jr. and Felipe Gozon of GMA-7 landed anew in this year's list of the "Philippines' 40 Richest," according to Forbes Magazine.

The list was published by the magazine on its official website on June 22. Its counting of assests is in U.S. dollars.

It shows GMA Network COO Duavit Jr. occupying the 26th spot, with a net worth of $190 million.

Network CEO Gozon clinches 30th place, with an estimated $163 million in assets.

ABS-CBN Chairman and CEO Eugenio Lopez III ranks No. 39 in the list, and is reported to be worth $90 million.

Oscar Lopez, the Chairman Emeritus of the Lopez Group of Companies (formerly Benpres Holding Corporation), is at No. 23, with an estimated wealth of $280 million.

Businessman and GMA Network's former president Menardo Jimenez has a $185 million net worth, according to Forbes Magazine, and corners the 27th spot.

Interestingly, all of these businesmen suffered a dip in their respective rankings when compared to last year's Forbes list.

In 2010, Oscar Lopez was ranked No. 16, while Gilberto Duavit, Jr. placed 25th overall in the list.

Menardo Lopez was 26th, Felipe Gozon 27th, and Eugenio Lopez III 36th, according to Forbes Magazine's report.

MOVING UP. While there are some who experienced a decline in their net worth, a handful of personalities saw their fortunes improve from the previous year's numbers.

"Overall, the number of billionaires has more than doubled this year to 11—a record haul," the report mentioned.

It also added that "thirty-two tycoons are richer," despite the low 4.9 percent growth of the economy early this year, due to sluggish trading and the government's low infrastructure spending.

Significant earners who made an impact in this year's list include:

International Container Terminal Services, Inc. (ICTSI) Chairman and CEO Enrique Razon Jr;

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117 Comments

  • 117  purong_kapamilya

    06/25/2011 | 04:41 PM
    Bakit Wla si MVP?
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  • 116  parisperezhilton

    06/25/2011 | 04:24 PM
    What a SHAME! There are still many of the MARCOS CRONY CROOKS that are still in the Top 40 of the Richest in the Philippines? PERA NG MGA TAONG BAYAN YAN NA NINAKAW!!! At itong kapatid ni Imelda worth 155 MILLION DOLLARS? Seriousssssssly? How did he amassed such a huge fortune????? Kawawa talaga ang Pinas!
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  • 115  MarkLapid

    06/25/2011 | 03:59 PM
    Noong araw mas quality at makabuluhan ang mga program ng DOS at GMA 7, ngayon puro kabulukan, chismis at kadramahan. Puro pera at pagpapayaman lang ang interest ng mga TV network. Kaya ang mga Filipino audience pulpol at kulang sa information.
    Reply |  0 Replies
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  • 114  MarkLapid

    06/25/2011 | 03:55 PM
    Dapat nasa list din si Gloria Arroyo, ang daming pera non. Sorry, galing sa Nakaw pala.
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  • 113  maemaechua

    06/25/2011 | 02:38 PM
    USE THAT MONEY,,WELATH WID A PURPOSE IN LIFE,,NA AYON SA GUSTO NG DYOS ,YUN AY ANG KABUTIHAN PARA SA TAO,,LETS JUST SAY,,NAATASAN SILA NI GOD NA MAGING MAYAMAN SA LUPA PARA ISABOG ANG KABUTIHAN SA MGA TAO,..WE HOPE,,BE RICH NOT ONLY IN POCKET BUT BE RICH IN A SOLU,MIND,HEART AT RELATION TOWARDS GOD,,AFTER ALL,,GOD CAN TAKE THAT MONEY FROM US,,IF HE INTENDED TO DO SO,,MATALINO ANG DYOS,PAPAILALIMAN NYA ANG TAO,,AT DUN NYA ITO HAHAGUPITIN NG PARUSA,,,MAS MAHALAGA PADIN ANG PAGKATAO,KAAYUSAN G PAMILYA,NG PUSOT ISIPAN AT KALULUWA THAN THSE THINGS THAT JUST TEMPORARILY HERE ON EARTH...WE MUST ALWAYS PLEASE GOD,,WAT HE WANTS,,,GODBLESSS
    Reply |  0 Replies
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  • 112  maemaechua

    06/25/2011 | 02:33 PM
    AHEMMM,,MASYADO YATANG AWKWARD ANG GANYANG USAPIN LALO NA SA KAYAMANAN O PERA NG TAO,ANG NADIDIIN,,HINDI YATA MAGANDANG BIGYAN NG PANSIN IYAN O PAG USAPAN DIBA,,KASE MATUTURING SHALLOW NA BAGAY ANG PERA SA MUNDO,BAGAMAT KELANGAN NATIN ITO,,LET IT BE NALANG SANA NA MAYAMAN SILA,,NA I HOPE YUMANAN SILA DAHIL SILAY HARDWORKING,AT DESERVING SILA KASE MABUBUTI SILANG TAO SA KAPWA TAO KAYA GOD BLESSED THEM A LOT KESA SA MASASABIN YUMAMAN SILA DAHIL NANAPAK SILA NG TAO,NAG AGRABYADO,SAKIM,SUGAPA ETC,,HINDI BAT ANG SAKIT ISIPIN NA ANG MGA PERANG IYAN AY GALING SA KASAMAAN,,SANA WAG NAMAN,,OK LANG MAYAMAN AS LONG ALAM MO SAAN MO DADALHIN ANG PERA NA IYAN,SAN KA ILULUGAR NG PERA NA IYAN,OK LANG MAYAMAN AS LONG KILALA MO PARIN ANG TAO,SARILI MO,PAMILYA MO,AT SI GOD,,KASE AT THE END OF ALL,SIMPLE LIFE LANG NAMAN ANG GUSTO NI GOD FOR ALL,,WE NEVER WATS NEXT FOR US,.UMIIKOT ANG MUNDO,GOD KNOWS ONLY,,SYA LANG,,SANA GAMITIN NILA ANG PERA NA IYAN SA KABUTIHAN PARA SA TAO PARA NAKIKITA NG DYOS NA KABUTIHAN ANG DULOT NG KAYAMAN
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  • 111  landofmilkhoney

    06/25/2011 | 01:51 PM
    "For what profit is it to a man if he gains the whole world, and loses his own soul? .." - Matthew Chapter Sixteen, Verse Twenty-six. "But GOD said to him, 'You fool! This very night your life will be demanded from you. Then who will get what you have prepared for yourself?'. "This is how it will be with whoever stores up things for themselves but is not rich toward GOD." - Luke Chapter Twelve, Verses Twenty and twenty-one. GOD bless!
    Reply |  0 Replies
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  • 110  StocksAndBonds

    06/25/2011 | 01:28 PM
    the bulk of lopezes' wealth is from MERALCO and NOT from ABSCBN which is actually in the red because if its bank loans. this is why they sky is the limit when they charge for your electricity bills because it's their only source of moolah!
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  • 109  182395

    06/25/2011 | 11:40 AM
    A business that makes nothing but money is a poor business. ~Henry Ford at yan ang GMA hahahha - walang kwenta mga artista, walang kwenta ang mga palabas! aminin
    Reply |  0 Replies
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  • 108  kapamskoo

    06/25/2011 | 10:25 AM
    the list show gma big bosses are more wealthiest dan abs cbn boss. the list confirms gma network is the number one network in the country nationwide. Nag sourgraping na naman mga kapamilya.
    Reply |  0 Replies
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  • 107  humanoid

    06/25/2011 | 07:07 AM
    tama mga tsino at hapones ang yumayaman d2 sa ating bansa, panu na ang mga pinoy na tunay na nag mamay-ari ng bansang to.. wla ba tayong magagawa? kawawa naman tayong mga pilipino lalo nag hihirap samantalang ang mga ibang mga lahi ay lalong yumayaman baka after 30 years lahat ng mga pilipino ay maging mochacha nlng ng mga ibang lahi..walang kwentang bansa POOORRRRRR
    Reply |  0 Replies
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  • 106  angel_0329

    06/25/2011 | 05:42 AM
    grabe nmn mga tao rito..pati ba nmn assets ng mga executives ng mga networks eh pinag-aawayan nyo....khit magbangayan kau hanggang sa mapudpud daliri nyo..o di kayay khit magpatayan kau eh di kau yayaman kgaya nila...lalo clang yumayaman at kayo'y naghihirap...
    Reply |  0 Replies
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  • 105  angel_0329

    06/25/2011 | 05:42 AM
    grabe nmn mga tao rito..pati ba nmn assets ng mga executives ng mga networks eh pinag-aawayan nyo....khit magbangayan kau hanggang sa mapudpud daliri nyo..o di kayay khit magpatayan kau eh di kau yayaman kgaya nila...lalo clang yumayaman at kayo'y naghihirap...
    Reply |  0 Replies
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  • 104  caloycai

    06/25/2011 | 03:09 AM
    WOW NA WOW,,PERO MAS IMPRESSS AKO SA MGA TAONG NABUBUHAY LANG NG BALANSE AT SIMPLE,,MALAYO SA SAKIT NG ULO NG BUHAY,,ALAM KASE NG DYOS NA MARUPOK ANG TAO KAYA,,LAHAT NG SOBRA S ALIFE AY BAWAL O HINDI NA MAGANDA ITO S ATAO LALO NA NAKAKASIRA O NAKAKSAMA NA SA TAO DIBA,,MAGIG SIMPLE LANG ,KUNG MERON KA,,SHRE URE BLESSINGS NAMAN SA TAO,,KASE AFTER GODS JUDGEMENT,,LAHAT TAYO ,,FAIR AT IISA NALAMANG,,PANSAMANTALA LANG MGA IYAN SA IBABAW NG MUNDO,,,YUN NA,,,,IBA PADIN ANG MAY VALUES KA,MAY BREEDING AT MAY MALALIM NA RELASYON SA DYOS,,,YUN NA,,
    Reply |  0 Replies
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  • 103  SpeedOfLight

    06/25/2011 | 12:24 AM
    wala si MVP? o dummy lang talaga. mga owners naman ng abs-cbn, kung di pa mag susubasta, di lalaki ang assets. ugok talaga ang mga lopezes. lol!
    Reply |  0 Replies
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  • 102  kapamskoo

    06/24/2011 | 08:16 PM
    sa tv talunan ang abs cbn, sa yaman talunan din ang may ari ng abs cbn. paano na yan mga bitter na kapamilya patuloy na naman kayong mag sourgraping.
    Reply |  0 Replies
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  • 101  ichigo510

    06/24/2011 | 06:49 PM
    tanging mga tsino nalang ang yumayaman sa sarili nating bansa.. samantalang ang mga pinoy patuloy na naghihirap...
    Reply |  0 Replies
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  • 100  ugok88

    06/24/2011 | 06:46 PM
    number 99 yap bagay sa akin,sau bagay sau indenial,hahaha dmo matanggap nuh?na walng pera mga starlet niu kc nsa execs lang lahat,haha,anyway lumipat na c janice at nadine sayng c nadine my potential sana,pinabayaan lang nila
    Reply |  0 Replies
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  • 99  kaepalmilya

    06/24/2011 | 06:11 PM
    98 ugok88 congrats bagay na bagay sa yo username mo bwahahahahaw
    Reply |  0 Replies
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  • 98  ugok88

    06/24/2011 | 05:57 PM
    icompara na lng niu ung star ng abs na kimerald sa rival nila dating kris at aljur,sabi nitong c kris ng mkabili ng sasakyan pinaghirapan dw talag nia un kc matagl na niang gusto pero ung pera nia d pa sapat,napanood ko ung news bout sa bagong bahay ni kim chiu at nkapublish sa star studio,napa omg ako,may sauna?omg talaga,2 story ung bedroom niah,may salon,omg,tapos ung rival nia na gma star eh halos d mkabili ng sasakyan nia,tsaka d ako naniniwala doon sa tax payer,hello dba nung 2010 ung number 1 tax payer eh d nman pla totoo,2 ung sumali dun na d nman pla totoong ganun ang binayaran,tuloy natakot kc bka kidnapin wla nman plang mga pera,gingawa lang yan sa bir ngayon kc gingawa na rin publicity sa mga artista pra mkahakot cla ng mga artistang mgbayad ng husto,sa abs kc medyo ngtatago cla ng yaman nila,
    Reply |  0 Replies
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