What is Alfonso Yuchengco’s Net Worth?
Alfonso Yuchengco was a distinguished Filipino businessman, CPA, FEU alumnus, educator and diplomat who had a net worth of $705 million on the time of his dying in 2017. Alfonso Yuchengco headed up the Yuchengco Group of Companies, one of many largest family-owned enterprise conglomerates within the Philippines. He was the Chairman of Rizal Commercial Banking Corporation, one of many largest business banks within the Philippines and likewise the Chairman of the Mapúa Institute of Technology, a number one engineering faculty within the nation. Yuchengco was the Chairman of the Yuchengco Group of Companies and the Chairman of the Board of MICO Equities, Inc. (holding firm 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, main in Accountancy from the Far Eastern University. He handed the licensure examinations for licensed public accountants within the Philippines. Yuchengco established the Yuchengco Center for East Asia at La Salle University in 1994 to strengthen consciousness and understanding of the Philippines’ northeast and southeast Asian neighbors. Through his AY Foundation, he has initiated many packages designed to profit underprivileged communities. Alfonso Yuchengco died on April 15, 2017 on the age of 94.
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