Manuel Pangilinan, chief executive of Hong Kong-listed First Pacific, which owns big brands like Philippine Long Distance Telephone, TV 5 and Meralco in the Philippines and Indonesian instant noodles maker Indofood, returns to list after 5 year gap despite facing a series of setbacks that prompted him to declare 2012 as a "horrible year". He failed in a third attempt to acquire rival TV network GMA and his mining unit Philex was slapped with a $23 million fine for a spill. Following a verbal tussle in the Senate where he was accused of allegedly fueling anti-Chinese sentiments, Pangilinan thre... Read More
Manuel Pangilinan, chief executive of Hong Kong-listed First Pacific, which owns big brands like Philippine Long Distance Telephone, TV 5 and Meralco in the Philippines and Indonesian instant noodles maker Indofood, returns to list after 5 year gap despite facing a series of setbacks that prompted him to declare 2012 as a "horrible year". He failed in a third attempt to acquire rival TV network GMA and his mining unit Philex was slapped with a $23 million fine for a spill. Following a verbal tussle in the Senate where he was accused of allegedly fueling anti-Chinese sentiments, Pangilinan threatened to relocate to Hong Kong. His net worth estimate is based on what we can prove, though sources claim he owns higher stakes than publicly known. Read Less
Personal Stats
Age
77
Source of Wealth
Diversified, Self Made
Residence
Makati City, Philippines
Citizenship
Philippines
Marital Status
Single
Education
Master of Business Administration, University of Pennsylvania
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