Alfonso Yuchengco, a Filipino businessman and diplomat, had a net worth of $705 million at the time of his death in 2017. He was the prominent head of the Yuchengco Group of Companies, one of the largest family-owned business conglomerates in the Philippines.
Key facts:
Alfonso Yuchengco was a prominent Filipino businessman and educator.
He headed up the Yuchengco Group of Companies, one of the largest family-owned business conglomerates in the Philippines.
Yuchengco served as the Chairman of Rizal Commercial Banking Corporation, one of the largest commercial banks in the Philippines.
He was also the Chairman of the Mapúa Institute of Technology, a leading engineering school in the country.
Yuchengco established the Yuchengco Center for East Asia at La Salle University in 1994 to strengthen awareness and understanding of the Philippines' northeast and southeast Asian neighbors.
