What is Robert Coyiuto, Jr's Net Worth?
Robert Coyiuto, Jr is a prominent Filipino billionaire with a net worth of $1.7 billion. He serves as the president of Oriental Petroleum & Minerals, which has achieved public listing through strategic maneuvers. However, the majority of his wealth stems from his significant 30% stake in the National Grid Corporation of the Philippines (NGCP), held in partnership with John Gokongwei Jr.. NGCP plays a crucial role in operating, expanding, and maintaining the nation's electricity transmission network.
Beyond the energy sector, Robert Coyiuto, Jr has diversified business interests, including notable ventures in the automotive and insurance industries. His company, PGA Automobile, holds the exclusive import rights for luxury car brands such as Porsche, Audi, and Lamborghini, and is the sole distributor of Bentley in the Philippines.