No.6 Jaime Zobel de Ayala

Jaime Zobel de Ayala

                                                      Rank: #4 (-2)
                                                      Net worth: $1.7 billion
                                                      Age: 77
                                                      Marital Status: Married

                                                      Children: 7


     Jaime Zobel y Fitz (born 1934), also known as Jaime Zobel de Ayala, is a prominent Filipino businessman and philanthropist. He was the last managing partner of Ayala y Compañía in 1967 when the company changed to a corporation. He served as both president and chairman of Ayala Corporation from 1983 to 2005 (succeeding his first cousin, Enrique Zobel). In 2006, Jaime Zobel de Ayala retired as chairman. He is chairman emeritus of the corporation. He has received numerous awards for business leadership and philanthropy.

     Chairman emeritus of Ayala Corp., country’s largest conglomerate by market capitalization. Interests include real estate, hotels, financial services, telecom, utilities. Plans to invest $1.8 billion in power generation, infrastructure. Stake held by his 7 children. Jaime II, eldest, is chairman; Ferdinando is vice chairman.

     After early education in the Philippines, Zobel attended Harvard College, where he graduated in 1957 with a Bachelor of Arts in architectural sciences. He attended the Advanced Management Program in the Far East, conducted by the Faculty from the Harvard Graduate School of Business Administration in Baguio, Philippines in 1963.