Alfonso Yuchengco Net Worth
Alfonso Yuchengco Net Worth: Alfonso Yuchengco is a prominent Filipino businessman, CPA, FEU alumnus, educator and diplomat who has a net worth of $705 million. Alfonso Yuchengco heads up the Yuchengco Group of Companies, one of the largest family-owned business conglomerates in the Philippines. He is the Chairman of Rizal Commercial Banking Corporation, one of the largest commercial banks in the Philippines and also the Chairman of the Mapúa Institute of Technology, a leading engineering school in the country. Yuchengco is the Chairman of the Yuchengco Group of Companies and is concurrently the Chairman of the Board of MICO Equities, Inc. (holding company of the Malayan Group of Insurance Companies); Pan Malayan Management and Investment Corporation; Mapúa Institute of Technology; Nippon Life Insurance Company; and the Rizal Commercial Banking Corporation. Yuchengco holds a Bachelor of Science in Commerce, major in Accountancy from the Far Eastern University. He passed the licensure examinations for certified public accountants in the Philippines. 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. Through his AY Foundation, he has initiated many programs designed to benefit underprivileged communities.