- Category:
- Richest Business › Executives
- Net Worth:
- $230 Million
- Birthplace:
- Cebu City, Philippines
- Gender:
- Male
- Profession:
- Businessman
What is Wilfred Uytengsu Jr.'s Net Worth?
Wilfred Uytengsu Jr.is a Filipino businessman who has a net worth of $230 million. Wilfred Steven Uytengsu Jr. is the eldest son of Wilfred Sr., the man who set up the foundations for today's Alaska Milk Corporation (AMC), a leading manufacturer of milk products in the Philippines, back in 1972. A graduate of the University of Southern California, Uytengsu Jr. assumed the position of President and CEO in 2007, three years before his father's death. It was in 2012 that he decided to sell the family's controlling stake (98.1%) for $300 million to a Dutch dairy cooperative, FrieslandCampina.
However, he still remains AMC's President and Chief Executive. An avid sports enthusiast and triathlete, he earns the credits for bringing the Ironman and Xterra races to the Philippines. Also, he owns a basketball team, Alaska Aces, and sponsors the Alaska Football Cup and IronKids Triathlon in the Philippines.
