The Philippines 5 Most Admired Local Business Person

The Philippines 5 Most Admired Local Business Person

There are successful business leaders in the country that have created significant impact not only in the Philippine economy but also on the Filipino lives. Aside from those who are laudable businessmen, there are few who manage to inspire and provide influences that are positive and creative for the new breed of Filipino entrepreneurs. These five entrepreneur rounded up the most admired business leaders in the Philippines. Although they are not the richest in the country, these business leaders are widely admired as entrepreneurs.

Be inspired and get to know them.

1. Injap Sia

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He said, “Business is a total package of imagination, execution and the ability to repel distraction.”  Edgar “Injap” Sia II, dubbed as the “promdi billionaire” has evolved from a young boy working in a grocery store in Roxas City to the country’s youngest billionaire. He founded the famous fast food chain Mang Inasal in 2003 at the age of 33. Afterwards in the year 2010, he sell big portion of Mang Inasal to Tony Tan Caktiong of Jollibee Foods Corporations and then embarked on another partnership called DoubleDragon Properties Corp. The corporation has already given rise to 10 city malls and is expected to build 100 community malls in 2020 nationwide. Sia was also recently awarded as one of the People of the Year by PeopleAsia magazine.

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2. John Gokongwei Jr.

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Entrepreneur.com.ph

No one would have thought that the man who built one of the Phillipines’ biggest conglomerates once sold soaps and tires at the local market at an early age of 15.Today, Gokongwei ranked second in Forbes Philippines’ 50 Richest in 2016 with the net worth of $5.8 billion. He founded JG Summit that interests real estate property development (Robinson’s Land Corp.), branded consumer foods (Universal Robina Corp.), air transportation (Cebu Pacific Air), telecommunications (Sun Cellular and Digitel), bank and financial services (Robinson’s Bank) as well as petrochemicals (J.G. Summit Petrochemical Corp.). In an interview he said, “Success is not necessarily about connections, or cutting corners, or chambathe the three Cs of business. Call it trite, but believe me: success can be achieved through hard work, frugality, integrity, responsiveness to change, and most of all, boldness to dream.”

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