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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: 717 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

  • 97  dudenapster

    06/24/2011 | 02:52 PM
    Menardo Lopez? EPIC FAIL! check ur article mr. writer!
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  • 96  amal2008

    06/24/2011 | 02:48 PM
    ha ha ha ha nagpa2nay lng yan na mula sa maliit pa2ngo sa taas.yan ang GMA.go go go and more power
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  • 95  doslugi

    06/24/2011 | 02:35 PM
    bumabagsak na ang mga lopez palibhasa hindi na makapagnakaw sa meralco. Ang kaya nalang nila gawin ngayon dayain yung mga contestant sa mga gameshow nila
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  • 94  certified_orig1

    06/24/2011 | 01:44 PM
    GMA 7 naman marunong magshare sa mga employee nila..may narinig ka na ba nagrally mga yan.. at sa mga artista naman, kaya lang naman lumipat pag wala talagang project para sa kanila.... at ang GMA naman pag bumalik ok lang like Ara Mina bumalik sa Bubble Gang, si Arnel, si Gladys Guevarra... Si Claudine nga kahit pala pa work guaranteed contract... Kaya sa GMA 7 nag sign ng contract si Alessandra kasi guaranteed... So hindi pwede sabihing kinurakot ang pera kaya mas mayaman ang mga execs ng GMA kasi marami silang stockholders jan.. talagang kumikita ang GMA... Amaya is very expensive to produce... so they know how to share their blessings by producing world class entertainment.
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  • 93  amayabai

    06/24/2011 | 01:36 PM
    konti kita, konti pera. malaki kita, marami pera. kaya mas mayaman si duavit at gozon. anong nangyari kay eugenio lopez iii?
    Reply |  0 Replies
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  • 92  shingaling20

    06/24/2011 | 01:04 PM
    pag nasa taas ang abs cbn execs. mas issue yun.sasabihin ng mga taop n sige sila sa payaman habang ang mga tao nila naghihirap..
    Reply |  0 Replies
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  • 91  marafyah2

    06/24/2011 | 12:54 PM
    Hahahahahaha!!! Kaya pala s DOS may artistang nagsabi n 5k lang ang talent fee niya at wala pang benefits!!! Kaya pala ang GMA7 ay nakaproduce ng HIGHLY BUDGETED AMAYA at MULTI-AWARDED LUPANG HINIRANG!!! Unlike s dos, LOW BUDGET kitang kita s MAPA ng PILIPINAS!!!! Kaya pala low budgeted ang shows ng DOS s hapon at s gabi!!!
    Reply |  0 Replies
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  • 90  silverngold

    06/24/2011 | 12:09 PM
    sigurado mas malaki kina duavit at gozon kasi kokonti lang naman artista na kilala na binabayaran niya... samantala sa abs-cbn nandoon ang mga highest paid stars... kaya understandable yan... sa gma yung mga pipitsuging starlets kaya nagtitipid sila sa talent fees... wahahahah....
    Reply |  0 Replies
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  • 89  blessfull

    06/24/2011 | 11:59 AM
    mas mayaman ang execs ng 7 kasi tinitipid productions nila.. ang swangit tuloy!!
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  • 88  marafyah2

    06/24/2011 | 11:55 AM
    Hahahahaha pati b nmn s Forbes Mega Manila matters!! Kitang kita Chairman,CEO at Pres ng GMA7 mas mataas kesa s Chairman CEO ng Dos!! Ang pres n si Ma'am Charot ABSENT p!!! Iba talga pag no.1 s VIEWER RICH MEGA MANILA!!! Kudos Duavit and Gozon for SUPERB AMAYA and LUPANG HINIRANG!!!
    Reply |  0 Replies
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  • 87  yobuchi

    06/24/2011 | 11:29 AM
    c pacquiao hindi nag declared ng kanyang total income, eto based s kanilang audited FS filed before BIR at SEC.un ang basehan ng Forbes. nakapagtataka lang kung bakit wala ako s lists nag file din nmn akohuh.
    Reply |  0 Replies
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  • 86  yobuchi

    06/24/2011 | 11:25 AM
    bakit wala ako s list????
    Reply |  0 Replies
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  • 85  hiramukha

    06/24/2011 | 11:08 AM
    sige pagawayan nyo ang dalawang network executives na yan....dahil dyan eh mas lalo nyo silang pinapayaman...
    Reply |  0 Replies
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  • 84  GLOBAL_MEDIA_ARTS

    06/24/2011 | 11:01 AM
    mas mayaman ang mga excutives ng kapuso...panalo ang mga kapuso nating sina gozon at duavit...
    Reply |  0 Replies
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  • 83  pokengkay

    06/24/2011 | 10:58 AM
    eto ang list na declared and mga assets.... but the truth is andaming mayayamang pulitiko gaya ni villar, pacquiao, arroyo, marcos.... hmmm san kaya nakatago?
    Reply |  0 Replies
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  • 82  2828cris

    06/24/2011 | 10:12 AM
    Taka pa kau kung bkt puro intsik,sa hk at taiwan puro pin0y alila nila,mayaman tlga mga intsik at cla ang tinaguriang biznes minded at mrun0ng clang mag kaisa.
    Reply |  0 Replies
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  • 81  juanenrico88

    06/24/2011 | 09:59 AM
    Funny Philippines Richest daw pero halos lahat ng nasa Top 10 Intsik...
    Reply |  0 Replies
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  • 80  GLOBAL_MEDIA_ARTS

    06/24/2011 | 09:58 AM
    mas mayaman ang mga GMA EXECUTIVES...un na!!!KAHIT D2 PANALO ANG MGA KAPUSO NATING CNA GOZON,JIMENEZ AT DUAVIT...
    Reply |  0 Replies
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  • 79  puckerlips143

    06/24/2011 | 09:55 AM
    kulang na Lang Kay gozon ay red apple at kawayan hahaha
    Reply |  0 Replies
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  • 78  jasonandmelai

    06/24/2011 | 08:50 AM
    So these are the top people who belong to the 5 percent rich in the Phils. Please read the article "Why Filipinos Are Not Rich" -- google nyo na lng po -- and you'll be enlightened.
    Reply |  0 Replies
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