Name:  Jaime Zobel de Ayala

Age: 72

Fortune: inherited

Source: diversified

Net Worth: $2.6 bil 

Country Of Citizenship: Philippines

Residence: Manila , Philippines, Asia & Australia

Industry: Diversified

Marital Status: married, 7 children

Education: De La Salle University
Harvard University
Patriarch of Ayala Corp., the oldest and largest conglomerate in the Philippines, founded in 1834. Interests in real estate, water and telecom, among other industries. Zobel de Ayala retired in April; son Jaime Augusto took over as chairman; other son Fernando became president. In addition to a career in which he headed a number of Philippine businesses—including Bank of the Philippine Islands—Zobel de Ayala's public service record includes a stint as Philippine Ambassador to the Court of St. James and the Scandinavian countries from 1970 to 1975. Holds an architecture degree from Harvard.

Tan Yu was only a small child when his family migrated to the Philippines from southern China hoping for a better life. Settling in the town of Camarines Norte province, the lad’s father died early, so Tan Yu had to discontinue his studies to support his family. He peddled pandesal (breakfast rolls) and other foodstuff with his brother, and later on worked as a fisherman.

Shortly after the end of the Japanese occupation, Tan Yu was sent by his mother to Manila, where he worked as a store clerk. He earned P50 per month, sleeping in storage room at night. Tan Yu eventually graduated from shop clerk to salesman to distributor and later on the owner of his own textile mill. At 18, Tan Yu had made his first million pesos.