0 Forbes list of Philippines Most Richest 2012

Despite European woes, the Philippines’ remittance-driven economy outperformed most of its neighbors; it grew 6.4% in the last quarter, driven by an ongoing consumer boom and a surge in tourism and outsourcing. The stock ­market index gained 17% in the past year. The 40 richest on this nation of islands saw their fortunes rise even faster. Their collective wealth grew over $13 billion to $47.4 billion. There are now 15 billionaires, up from 11 a year ago. Here is the complete list of Philippines Most richest Businessman for the month of June 2012 according to Forbes Magazine. 1. Henry Sy & family – $9.1 billion (SM Investments Corp.,...