#2224

Ricardo Po Sr.

Philippines 95 years old Self-Made

Overview

Source of Wealth
canned food
Residence
Children
4

Assets

  • Arthaland
    2,142,619,000 shares @ -
    -
    ALCO-PH
  • Century Pacific Food
    2,434,760,000 shares @ -
    -
    CNPF-PH
  • Shakeys Pizza Asia Ventures
    847,973,000 shares @ -
    -
    PIZZA-PH

Biography

Ricardo Po Sr. founded Century Pacific, the Philippines' leading exporter of private-label tuna products, in 1978. He remains chairman emeritus.

Po, whose early business was advertising firm Cathay Promotions, lost most of his fortune in the 1973 stock market crash.

Through his Arthaland, Po also has interests in property development.

Century Pacific has a major stake in fast food chain Shakey's Pizza, which went public in December 2016.

His son Christopher is Century's executive chairman; another son, Teodoro Alexander, is president and CEO.

About

The family's third generation of 12 members is being groomed to work in the business.

In the early days, Po ran a one-man show doing everything from building the company's first factory to serving coffee to visitors.