What is Emilio Yap's Net Worth?

Emilio Yap is a Chinese-Filipino media tycoon who has a net worth of $1.35 billion. The Chairman of newspaper Manila Bulletin, he gets the bulk of his wealth from more than two-thirds stake in Philtrust Bank, where he sits on the bank's board as Chairman emeritus. Also, he holds shares in construction, hospitality and education.

Furthermore, he is the Chairman of the Manila Hotel and owns 55 percent of Centro Escolar University. Even though Emilio Yap intended to acquire a majority stake in the Philippine Bank of Communications, eventually he withdrew its bid.