Age – 85
Source Of Wealth – Banking
Residence – Manila, Philippines
Citizenship – Philippines
Marital Status – Married
Children – 5
At age 19 George Ty was refused a bank loan to start a business. The difficulties spurred him to start his own bank at 29, with no financial training or experience. Today Metrobank is the country’s second-largest bank in terms of assets. The serial entrepreneur has gone on to set up power plants, distribute Toyota vehicles, sell insurance, develop real estate and other ventures. He has been consolidating nonfinancial businesses under GT Capital.
*Bilyonaryo rankings based on Forbes.com real-time results November 5, 2018.