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These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. Under SMC’s wing are the following firms: SMC also has investments in other businesses such as property development and leasing, cement, automobile distribution, and banking services. Image by San Migue Corpįood and beverage, packaging, fuel and oil, energy, and infrastructure are among SMC’s five key business groups, with the majority of them being market leaders in their respective industries. Under Ang’s leadership, SMC transformed to be one of the Philippines’ largest and most diverse conglomerates in terms of revenue and total assets, with sales equivalent to approximately 4% of Philippine GDP in 2020. Years later, Cojuangco returned and appointed Ang as his successor in SMC, selling him the majority of his shares. When the Cojuangco patriarch had to leave the Philippines following the EDSA revolution, Ang took over and handled the firm very well. His entrepreneurial genius shone and impressed the rest of the Cojuangco family. Public Domain ImageĪng didn’t disappoint Cojuangco’s trust as he made Northern Cement a profitable business. Cojuangco, the SMC owner, believed in Ang’s skills that he made him handle his cement enterprise in the north, then known as Northern Cement. This partnership paved the way for Ang to reach the road to his success. It was through this business that Ang met the late Eduardo “Danding” Cojuangco when he sold him aluminum wheels. He also traded and sold hard-to-find parts. But he took a step further as he focused on fixing and selling luxury automobiles such as Japanese cars. He acknowledged that these were the key to his success.Īfter college, Ang followed in his father’s footsteps and went into the vehicles business.
He knew how to be resilient to adapt to any situation, no matter how difficult, and to “make tough decisions based on gut instincts.” Business lifeĪs a businessman, Ang learned how valuable it was to build long-term relationships with partners, allies, and friends. He became sharp in reading and understanding individuals and their motivations and abilities. Importantly, he learned to interact with people from all walks of life.
As he struggled in his humble life, he was able to develop business skills and lay a solid foundation for long-term success. In a speech to his alma mater’s 2018 graduating class, he acknowledged that it was his years as a working student when he learned how to do business. He also finished his doctorate degree in the same university. He graduated with a degree of Bachelor of Engineering in Far Eastern University (FEU). His father owned a repair shop for motor vehicles in Tondo, Manila.Īng was a dedicated student who worked odd jobs in order to fund his education and support his family. He was born in Manila, Philippines on January 14, 1954. He served as chief financial officer of BMW distributor RSA Motors, and was also involved in San Miguel Global Power Holdings Inc.Īt the time of Jomar’s passing, the Ang family said in a statement that Jomar was a “dutiful, loving, and kind-hearted son, brother and a loyal and dedicated friend to many.” Early life and education Their family went through a very difficult time when Ang’s younger son, Jomar, passed away last April 2020, at the age of 26. His son, John Paul is the CEO of Eagle Cement Corp while daughter Monic is the treasurer and CFO. Currently, Ang’s daughter, Cecile, is the president of Diamond Hotel. He is married to his wife Tessi and has eight children. Just like any billionaire, Ang has always kept her personal life private. President and CEO of Top Frontier Investment Holdings, Inc.Ĭhairman of Eagle Cement Corporation Ramon Ang as a family man President, CEO and COO of San Miguel Corporation (SMC) The business tycoon is the president and vice chairman of San Miguel, one of the country’s oldest conglomerates.Īs of 2021, Forbes ranked Ang as #9 in the Philippines 50 richest and #1444 in Billionaires 2021 list. Ramon Ang is a self-made billionaire, estimated by Forbes to be worth $2.3 billion.