Richest Woman In The Philippines

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Teresita Sy-Coson is the richest woman in the Philipines with an estimated net worth of $2.5 billion as of 2021. Teresita Sy-Coson is a Filipina Businesswoman who is popularly known as the vice-chairman of SM Investments Corporation (SMIC), the latest publicly holding company with interest in retail, banking, property, and portfolio investments.

Teresita Sy-Coson was born in October 1950 in Plaridel, Bulacan, Philippines. Immaculate Conception Academy-Greenhills Assumption College San Lorenzo was her Alma mater.

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Source: Bloomberg

Sy-Coson has a key board and management roles in a number of BDO and SM Group companies and affiliates. BDO Private Bank, Inc., BDO Leasing and Finance, Inc., BDO Capital & Investment Corporation, and BDO Foundation, Inc. are among them. As an adviser to the Board of SM Prime Holdings, Inc., she plays an important role for the SM Group.

She is also a member of the three-person Philippine delegation to the ASEAN Business Advisory Council (ABAC), which was established in 2003 by ASEAN leaders to give private sector input and direction to the alliance’s efforts toward economic integration.

Teresita Sy-Coson’s numerous ventures and hard work have placed her ahead of her peers making her the richest woman in the Philippines with an estimated net worth of $2.5 billion.