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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: 711 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

  • 57  PADUNGOL

    06/23/2011 | 07:46 PM
    talaga namang taga squatters tayo abscbn.. kaw lng nman ang nag sosyal sosyalang taga kareton. AW!
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  • 56  abscbn_14344

    06/23/2011 | 07:43 PM
    51 PADUNGOL lol..basurera ka pala...kaming mga kapamilya fans kahit nakatira lang kami sa kariton class a parin kami sabi ni kantar bukid ratings...
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  • 55  imwatim

    06/23/2011 | 07:41 PM
    Ang dami palang mayayaman sa Pilipinas pero more than 11 million people live in poverty. Tssk tssk as the rich gets richer, the poor gets poorer.
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  • 54  darkman501

    06/23/2011 | 07:38 PM
    numan--- pinaka bb na post na nabasa ko lol
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  • 53  PADUNGOL

    06/23/2011 | 07:38 PM
    dragonfly ang lolo lopez nila sa no. 23, samantala ang lolo jimenez, duavit at gozon natin na sa dulo...
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  • 52  abscbn_14344

    06/23/2011 | 07:37 PM
    PADUNGOL IKAW ang squatter kami mga class a kapamilya fans sabi ni kantar bukid ratings...
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  • 51  PADUNGOL

    06/23/2011 | 07:35 PM
    Kapusong WANNA CHANGE buti pa nga sila ni lopez na sa list .. tayong mga kapsuong squatters papulot pulot lng ng basura para my pangtawid gutom...
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  • 50  dragonfly55

    06/23/2011 | 07:34 PM
    mas myaman pla mga gozon at duavit ky lopez..
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  • 49  kapamskoo

    06/23/2011 | 07:22 PM
    mga kapamilya talaga ang daming satsat daming justification dahil talunan na naman. Kung talo talo yun lang yon. Tanggapin nyo na mas mayaman ang taga gma kesa may ari ng network nyo. yun lang yon.
    Reply |  0 Replies
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  • 48  wanna_change

    06/23/2011 | 07:18 PM
    Oscar Lopez holds a stocks in Meralco and Benpres holdings and their electricity generating company. These Lopez clan formerly held one of the top richest. Ngayon kulelat na sila, kasi di sila marunong magnegosyo not the like Henry Sy at Gokongwei. Hilig lang ng mga lopez na negosyo, yung walang competition.
    Reply |  0 Replies
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  • 47  wanna_change

    06/23/2011 | 07:14 PM
    Manny Pacquiao's worth I guessed is 50million dollars or 2.2 billion pesos
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  • 46  PADUNGOL

    06/23/2011 | 07:12 PM
    28 abscbn14344 napaghalata sa ating mga kapuso na taga squatters talaga tayo.. ayon o sa no.23 ang patriarch ng mga lopezes mas mayaman kesa lolo jimenez, duavit at gozon natin.. wag kasi tayong iikot ikot lng sa gabundok ng basura para mamulot ng may pangtawid gutom... AW!
    Reply |  0 Replies
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  • 45  wanna_change

    06/23/2011 | 07:11 PM
    Major stockholder of MVP companies like PLDT, SMART is the Indonesian rich man.
    Reply |  0 Replies
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  • 44  kapamskoo

    06/23/2011 | 07:07 PM
    ang layo ng may ari ng dos compared to the owners og gma network. Paano yan mga kapamilya ibig sabihin nyan hindi siya liquid.
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  • 43  wanna_change

    06/23/2011 | 07:07 PM
    three millionaires from GMA. 1 from ABS-CBN. 3 major stockholders shared on GMA. I dont know how many major stockholders of ABS, only Lopez, i guessed?
    Reply |  0 Replies
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  • 42  doslugi

    06/23/2011 | 07:07 PM
    laki talaga ng ibinagsak ni gabby lopez karma to e. nakawan ba naman ang taong bayan diba kamusta naman yun.
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  • 41  doslugi

    06/23/2011 | 07:05 PM
    malaki ang naipon ni lopez dun sa mga dinadaya nya sa mga game show ng abs cbn bwahahahaw.
    Reply |  0 Replies
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  • 40  itot_1980

    06/23/2011 | 06:58 PM
    hahaha...san na si pakyaw at manny pangilinan na may ari lang naman ng meralco, tv 5, smart, tnt, red, sun, megapacific at iba pa...
    Reply |  0 Replies
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  • 39  doslugi

    06/23/2011 | 06:57 PM
    36 numan oo tama ka matalino si gozon ang mga lopez naman magnanakaw ninakawan ang mga consumer ng meralco diba?
    Reply |  0 Replies
    0   0   0  
  • 38  jas_anderson02

    06/23/2011 | 06:49 PM
    Sir Manuel Villar..ikaw na da best ka..sana tumakbo ka for president..yan ang patunay na ndi nya kailangang mangurakot pag naging presidente sya..
    Reply |  0 Replies
    0   0   0  

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