A media mogul of Chinese-Filipino descent, Emilio Yap’s net worth is $1.35 billion.
As the Chairman of Manila Bulletin, he receives the majority of his wealth from his over two-thirds stake in Philtrust Bank, where he serves as Chairman emeritus.
In addition, he owns shares in construction, hospitality, and education. He also holds the position of Chairman at the Manila Hotel and holds a 55 percent ownership of Centro Escolar University.
Emilio Yap’s plan to acquire a majority stake in the Philippine Bank of Communications was retracted after a while.