Roberto Ongpin
Manila, Philippines
Master of Business Administration, Harvard University
Philippines
diversified, Self Made
$1,100,000,000
1941
#1941 Billionaires 2019
#16 Philippines 50 Richest 2018
Roberto Ongpin chairs Alphaland, his high-end property developer that delisted in 2014 after a messy split with a U.K. investment group.Ongpin, who has been building luxury villas on Balesin Island and an international airport on nearby Patnanungan Island, plans to relist it soon.As the former Philippine trade minister, Ongpin was accused of insider trading in 2009. He was cleared of the charges in 2017.Ongpin worked at Procter & Gamble for two years and then got his M.B.A. from Harvard before returning to the Philippines.
In August 2016, Philippine President Rodrigo Duterte vowed on TV to destroy oligarchs and singled out Ongpin. Ongpin owns Tabacalera cigar maker and 14 homes around the world, including in Tuscany, London, Paris, Salzburg and Saint-Tropez.
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