Money

UP vs. Ateneo: Which School Graduated More of the Country’s Richest?

Besides the battle between the Fighting Maroons and Blue Eagles, here's another head-to-head we're interested in.
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School pride runs deep in the Philippines. Just look at the amount of support both the UP Fighting Maroons and the Ateneo Blue Eagles have been receiving during UAAP Season 81’s men’s basketball finals—both in audience turnaround and social media.

The supporters range from current students, alumni and even just ardent fans of each team. The Mall of Asia arena during Game 1 was, in fact, filled with prominent personalities, government officials and celebrities. Even former Senate President Manuel Villar, who’s also now known the second richest man in the country, was also seen among the crowds last December 1.

To know who else among the country’s richest are probably cheering for either one of the universities battling it out in the much talked about match, we compiled a list of all the graduates of both schools that made it to Forbes’ 2018 Philippines’ 50 Richest list.

US magazine Forbes listed 48 Filipino tycoons in this year’s list of the Philippines’ richest, which was released last September. We looked through the annual reports of their respective companies and obtained information about their educational background, both undergraduate and graduate studies—whichever is available.

Of the 48 in the list, 25 percent or 12 of them graduated from either the University of the Philippines or Ateneo de Manila University. Nine or 18.8 percent of the total obtained their bachelor’s or master’s degrees—or both—from the former, while only three came from the latter.

 

University of the Philippines

1| Manuel Villar

Bachelor of Science in Business Administration
Masters in Business Administration
Forbes rank: 2
Net worth: $5 billion
Firm: Golden Bria Holdings Inc.

2| Isidro Consunji

(listed by Forbes as “Isidro Consunji family”)

Bachelor of Science in Engineering
Forbes Rank: 12
Net worth: $2.45 billion
Firm: DMCI Holdings Inc.

3| Eduardo Cojuangco

Forbes Rank: 14
Net worth: $1.4 billion
Firm: San Miguel Corporation

4| Mercedes Gotianun

Forbes Rank: 17
Net worth: $1.15  billion
Firm: Filinvest Development Corporation

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5| Jorge Araneta

Bachelor of Science in Business Administration
Forbes Rank: 28
Net worth: $315 million
Firm: Araneta Group

6| Eric Recto

Bachelor of Science in Industrial Engineering
Forbes Rank: 34
Net worth: $260 million
Firm: Bedfordbury Development; ISM Communications Corporation

7| Manuel Zamora

Bachelor of Science 
Bachelor of Laws 
Forbes Rank: 37
Net worth: $235 million
Firm: Nickel Asia Corporation

8| Walter Brown

Bachelor of Science in Physical Science (1959)
Bachelor of Science in Geology (1960)
Forbes Rank: 40
Net worth: $200 million
Firm: A Brown Company Inc.

9| Felipe Gozon

Bachelor of Laws degree
Forbes Rank: 48
Net worth: $125 million
Firm: GMA Network Inc.



Ateneo de Manila University

1| Robert Coyiuto, Jr.

Forbes Rank: 15
Net worth: $1.3 billion
Firm: Prudential Guarantee & Assurance

2| Roberto Ongpin

Bachelor of Science in Business Administration
Forbes Rank: 16
Net worth: $1.25 billion
Firm: Alphaland Development, Inc.

3| Jose Antonio

(listed by Forbes with son Robbie Antonio)

Masters in Business Management
Forbes Rank: 25
Net worth: $400 million
Firm: Century Properties Group Inc.

 

NOTE: Six other rich listers were not included in the research process, either because there are no educational background information available in their annual reports or they do not own publicly listed companies.

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About The Author
Pauline Macaraeg
Esquire Philippines
Pauline is Esquire Philippines’ data journalist. Follow her on Twitter @paulinemacaraeg.
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