What is Eduardo Cojuangco, Jr.'s Net Worth?
Eduardo Cojuangco, Jr. is a renowned Filipino businessman and politician with a net worth of $1.4 billion. Born in Paniqui, Tarlac, Philippine Islands, in June 1935, Cojuangco has made substantial contributions to the Philippine economy through his leadership roles.
Chairman of San Miguel Corporation
Cojuangco is best known for his position as the chairman of San Miguel Corporation, the largest food and beverage company in the Philippines and Southeast Asia. His business acumen has played a pivotal role in the expansion and success of the corporation.
Political Career
In addition to his business endeavors, Cojuangco has had a significant political career. He served as the Governor of Tarlac from 1967 to 1969 and as a Member of the Philippine House of Representatives from Tarlac's First District from 1969 to 1972.
Contribution to the Philippine Economy
At one point, it was estimated that Cojuangco's business empire accounted for 25% of the Philippines' gross national product. His influence extended beyond business and politics, making him a versatile figure in the country's development.
1992 Presidential Candidacy and NPC
In 1992, Cojuangco ran for the Philippine presidency and came in second. The same year, he established the Nationalist People's Coalition (NPC), where he continues to serve as chairman emeritus, mentoring and guiding future leaders.
