Portrait of Ramon Ang

Rank #1281

Ramon Ang

Net worth $3.4B

Diversified · Philippines

Born
Jan 14, 1954
Age
72
Source
Diversified
Residence
Manila
Citizenship
Philippines
Marital status
Married
Children
8
Education
Bachelor of Engineering, Far Eastern University

Net worth over time

Biography

  • Ramon Ang is the chairman of San Miguel, one of the oldest conglomerates in the Philippines.
  • Originally a brewer, San Miguel is now a leader in food and beverages; but the bulk of its revenue comes from power and infrastructure businesses.
  • San Miguel is building a $15 billion airport and city complex at a 2,500-hectare site in Bulacan. It also started a $3 billion project to revamp Manila's international airport in 2024.
  • In 2023, Ang's Bulacan-based cement maker Eagle Cement delisted following the sale to San Miguel.
  • In 2024, Ramon's son John Paul was elevated from San Miguel's board director to president and chief operating officer to assist him in running the company.
  • Ang started out by fixing and selling used Japanese car and truck engines; subsequently with the late Eduardo Cojuangco he sold aluminum wheels.
  • Late billionaire Eduardo Cojuangco and Ramon Ang were good friends; they bonded through a common passion for collecting and restoring vintage cars.

Financial assets

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