If you know how to manage yourself in the sector, being a real estate agent can be a very profitable business. Well, at least for a few lucky ones, what we may call the ruling elite. Now you understant why these people consider the real estate market a ticket to live a wealthy life through hard work and determination. Are you regretting the decisions you have made in life after getting this information? Don’t worry. You are still in time of being part of the industry if you want to!
This ruling elite made its first million successfully dealing with enough properties, thus gaining a good reputation from his/her clients. Once they had a high number of clients who trusted them enough, these individuals established their own real estate companies by employing people and sharing their training secrets. They revealed their way of reaching great agreements. These people know that the more experience real estate agents have, the more income they will bring not just for the company, but for themselves.
This elite is composed of real estate magnates. And here in the Philippines there are 9 well-known real estate tycoons who have proven to every real estate broker that hard work and perseverance is the key:
1. MANNY VILLAR of Vista Land and Landscapes, Inc
His company is known as one of the Philippine’s biggest home builders, including Camella Homes. Right now, his net worth is around $1.5 billion.
2. JAIME ZOBEL DE AYALA of Ayala Corporation and Ayala Land.
Ayala Land is perhaps one of the most successful multi-billion real estate companies in the Philippines. Is the one responsible for transforming the city of Makati into a bustling metropolis. As of the moment, his net worth is around $3.4 billion.
3. GEORGE TY of Metrobank and Federal Land
With Metrobank as one of the first established banks in the Philippines, Mr. George Ty built his own real estate company, Federal Land, and developed numerous prime residential communities in Metro Manila and in the rest of the Philippines. His net worth is at $3.7 billion.
4. DAVID CONSUNJI of DMCI Holdings and DMCI Homes
A well-known construction mogul, Mr. David Consunji was once a humble concrete inspector who worked hard to build his empire. Now the owner of DMCI Holdings, one of the biggest construction companies in the Philippines, his net worth is around $3.9 billion.
5. JOHN GOKONGWEI of Robinsons Land
Known as the 5th richest Filipino on Forbe’s 2015 list, Mr. Gokongwei owns Robinsons Land, which is not only developing condos and townhouses, but more Robinsons malls as well. His net worth is at $4.9 billion.
6. ANDREW TAN of Megaworld, Empire East, and Global Estate Resorts
Currently placing 4th place on Forbe’s 2015 richest Filipino list, Andrew Tan not just owns one real estate company, but a lot of them! Not to mention he also owns Tanduay Distilleries and 400 McDonald branches. So don’t be surprised if his current net worth is at $5.1 billion.
7. LUCIO TAN of Asia Brewery, Fortune Tobacco, and Eton Properties
Despite being 80 years old, there is no stopping Lucio Tan. Eton Properties is not just centered on building residential properties, but is also focused on building BPO centers too. His net worth is around $6.1 billion.
8. HENRY SY of SM Supermalls and SM Development Corporation
When Henry Sy started out with a small shoe retail shop, he apparently had no idea that he’ll become the richest man in the Philippines one day. As of 2015, his net worth is at $12.7 billion. Forbes estimated that the reason for this growth is because of SMDC or SM Development Corporation and his other numerous businesses.
9. TONY TAN CAKTIONG of Jollibee, Greenwich, and DoubleDragon
If you haven’t heard of Tony Tan Caktiong, then you haven’t eaten at Jollibee yet. This man started two humble ice cream parlors in 1975 which grew into a multi-billion food industry that probably defeated every McDonald’s branch everywhere in the Philippines. He later created his own real estate company, DoubleDragon. His net worth is at $2 billion.
We hope that these multi-billion real estate magnates have encourage you to pursue, learn, and work even harder to become the best not just in real estate marketing, but in everything you do.
And if you’re wondering who’s the tenth real estate magnate, then we’re reserving that spot FOR YOU!
