(SpinPh) DESPITE the economic stresses of the pandemic, Boss “RSA”, as San Miguel Corporation’s head honcho is popularly known, managed to grow his net worth to $2.2 billion, according to Forbes’ recently released list of global billionaires.
That’s a massive improvement from his net worth in last year’s list, at $1.4 billion.
Globally, Ramon S. Ang — owner of PBA teams Ginebra, Magnolia, and San Miguel — is ranked 1,444th richest in the world (up from #1,513 last year). In the Philippines, he is ranked 12th, a slight improvement over his rank of No. 13 in last year’s list, released around this time last year in the height of the lockdowns.
Ang’s wealth grew despite the current economic contraction. Revisiting their list last September, Forbes reported that he had already amassed $2 billion.
Ang was awarded as Spin.ph’s Sportsman of the Year in our yearly awards. At the time of the awarding, we wrote that SMC had rolled out P13.234 billion worth of projects for the COVID-19 response efforts, from infrastructure projects to donations to the health and agricultural sectors… Read More
