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#1256

Ramon Ang

Source of wealth: Diversified

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Ramon Ang's fortune with the healthcare spending of a massive country

Ramon Ang could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 1.5 years.

But even if we compare their fortune with that of a rich country

On the other end, Ramon Ang could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.7 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Ramon Ang could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.0 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Ramon Ang could pay for it entirely for 1.4 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Ramon Ang could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 5.7 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Ramon Ang with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.1 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Ramon Ang's fortune is equivalent to 23 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Ramon Ang could buy 6,230,364 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 1 trucks to transport them. Although Ramon Ang will almost certainly have enough money left over to pay for the gas.

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Biography

Ramon Ang is the chairman of San Miguel, one of the oldest conglomerates in the Philippines.

Originally a brewer, San Miguel is now a leader in food and beverages; but the bulk of its revenue comes from power and infrastructure businesses.

San Miguel is building a $15 billion airport and city complex at a 2,500-hectare site in Bulacan. It also started a $3 billion project to revamp Manila's international airport in 2024.

In 2023, Ang's Bulacan-based cement maker Eagle Cement delisted following the sale to San Miguel.

In 2024, Ramon's son John Paul was elevated from San Miguel's board director to president and chief operating officer to assist him in running the company.

Financial Assets

Exchange
PHILIPPINES
Ticker
EAGLE-PH
Company
Eagle Cement
Exchange
PHILIPPINES
Ticker
WEB-PH
Company
Philweb
Exchange
PHILIPPINES
Ticker
SMC-PH
Company
San Miguel
Exchange
PHILIPPINES
Ticker
TFHI-PH
Company
Top Frontier Investment Holdings, Inc

Monthly wealth history

Fortune comparison

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