Eric Recto Net Worth

$485,000,000

Eric Recto, a famous Filipino businessman, has a net worth of $485 million. As the President of investment firm Top Frontier, Petron Corporation, and ISM Communications Corporation, Eric’s impressive net worth is a testament to his successful career in the private sector.

Key facts:

Eric Recto is the President of the investment firm Top Frontier, Petron Corporation, and ISM Communications Corporation.
He started his career in the private sector and held notable positions such as Chief Financial Officer and Senior Vice President of Alaska Milk Corporation, Chief Financial Officer and Executive Vice President of APC Group Inc., and Chief Financial Officer and Vice President of Finance of Sinophil Corporation.
Eric Recto saw an increase in his net worth after purchasing a 24% stake in Philippine Bank of Communications from his uncle Roberto Ongpin, who resigned as co-chairman.
He also holds a stake in developer Alphaland, which experienced a significant rise in shares.
In February, Eric Recto left his position as President of oil refiner Petron to become its Vice President.