5 long-time members of the Philippines' richest passed away since we last measured fortunes in August 2018, creating a new class of 2nd-generation successors who secured a spot on this year’s list
of GT Capital—Arthur, Alfred, Alesandra and Anjanette—made the list with a combined net worth of $2.6 billion, succeeding their father George Ty, who built GT into a major conglomerate, with interests in autos, banking, insurance, power generation and real estate.—Jocelyn, Joselito and Jeffrey—replaced their late family matriarch Beatrice Campos. Their $650 million fortune stems from the country’s pharmaceutical giant Unilab.
Heirs of Gilberto Duavit and Jon Aboitiz weren’t wealthy enough to make the $130 million cutoff individually.came in at No. 49, with a net worth of $135 million as shares of AgriNurture, the agri-products company he founded 22 years ago, rose steadily over the past three years. Logistics and energy tycoondebuts on the list after net assets of his Udenna group rose 28% in 2018. Uy is awaiting approval for the backdoor listing of Udenna on the Philippine Stock Exchange.
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