♣ = Politics A Wealthography and Powertocracy Period of Familyʼs First Election to ♣ Aquino ♣Marcos Legislature: Pre-CW daughter Servillano Aquino Pre-CW = Pre-Commonwealth (1907-34) • of the Philippines • Ferdinand & Imelda CW = Commonwealth (1935-42) •Congress, 1898 • Bong-Bong Marcos ♣ Imelda •Benigno Aquino Sr P-WR = Post-War Republic (1945-59) • Only son of Imelda ʻImeeʼ Marcos ML = Martial Law (1972-86) •Congress, and Brother/ Eduardo Ferdinand PM = Post-Marcos (1986-Present) 1919-39 •Aremla - Marcos Sister Jose Cojuangco: • Congresswoman ♣ Corazon ♣ Foundation , “Cory” ʻPepingʼ Godfather of 2001-04 ʻTessieʼ Cojuangco Aquino Bong-Bong •Last remaining Fact: 87% of Cojuangco Jr. Aquino-Oreta Marcos member, Marcosʼ senators declared • President, 1986-92 Former Congressman, KBL Party assets of more than • • Senator ♣ • Widow of Former Senator House Speaker P11m... 25% have • Former and Marcosʼ rival Ninoy • Led formation of LDP Marcos P100-500m (2006) Congresswoman Brother/ Aquino Cojuangco Marcos owned 60% of party (pro-Aquino) Pre-CW Sister • Heir to Cojuangco each of Tanʼs 9 in 1998 • 9 members in congress sugar fortune crony companies, including Brother/ nephew since 1907 - 25 relatives in Fortune Tobacco congress since 1898 ♣ Sister ♣ ʻButzʼ Corp; Asia Brewery ʻTessieʼ •Family - over 9000 hectares land Jesli Aquino Inc; and Allied Banking Aquino-Oreta uncle •Allied with every Rep. from Corp. ♣ Aquino • Senator Gilberto Negros Occidental but one. • Senator Lapus • Makati City ʻNoynoyʼ ♣Teodoro Jr. •Eduardo Cojuangco, 73 • Former aunt LDP party ♣ Aquino III •San Miguel Corp. Lucio Congresswoman • • Congresswoman • Congress, • Now own 34% of Meralco Tan, 74 • 3rd District-Tarlac • Congressman 2001-04 • 3 congressmen have • Fortune Tobacco 2nd P75 mill • NPC party aunt • District-Tarlac • nephew declared ties (2006) Alliance Global Liberal Party • • • Philippine Airlines son • Eaton Properties Philippines Inc. Lopez Business Beef Ashmore • Golden Arches Development Albertito Lopez- Corporation between Brother ♣ Marcos bought govʼtʼs • Oscar Lopez, 78: Lopez Cojuangcoʼs /Sister 40% share of • Emperador Distillers Inc. - Brandy • 3x VP of Philippines ♣ Cojuangco Petron without •Gaming, Tourism, Office Buildings/ • Founded University of Iloilo Congress Residential Complexes for MNC's • , Congress, bid and sold it • ABS-CBN Broadcasting Co. 2001-04 Kris nephew • Ongoing criminal 2001-07 directly to SMC. • • Bayan Telecom Gilberto Aquino investigations for Meralco - ♣ • P85 mill tax • 74% monopsony over Aquino evasion Luzon power generation • Politically Antonio Roberto Other Biz: Maynilad, First Gen, spouse ambitious Ongpin • • Congressman 2nd Cojuangco Manila North Tollways, Rockwell celeb was Ongpin •1st District- cousin Land Corporation Marcos Emily Tarlac • Former director, era Trade- • Ashmore Group ♣ PLDT Lopez Minister representative in Philippines ♣Macapagal- Congress • , Manuel Ramon Arroyo 2001-04 Shared a jail cell Sergio Osmeña V. Pangilinan Cojuangco • Gloria M-Arroyo together under criticized for Arroyo (GMA) ʻMVPʼ Director, Bank of , 2001-present Marcos Martial Law close ties to • Mike • President Lopez family Osmeña Commerce secretly owns ♣ • New-$$ Businessman Diosdado Macapagal Pre-CW Ashmore • •Cebu Province • Smart Telecom • Former President, late father of Sergio • John Henry Osmeña • Chairman, PLDT ♣ • Senator, 1972-73, • Led purchase of Meralco shares GMA Osmeña III 1987-95, 1998-04 • Has paid off MILF insurgency • Esteban de la Rama in Mindanao to target towers Garcia Family facilitated spouse Former Garcia • Senator, 1995-07 - • Former of Globe Telecom and ♣ GMAʼs 2004 vote-rigging son Independent Senator not Smart. effort in Mindanao - 1 million • Known as fiercely anti-corruption • Manuel Garcia votes were coerced Mike Some former business affiliations: Congress, ʼ78-ʼ01 Mikey • • ♣ Arroyo • Director, Philippine National Bank, • Vincent Garcia, 42 Arroyo 1992-95 • Congress, ʼ01-ʼ04 ♣Raul • Ashmore Group • Director, San Miguel Corp., • Rodolfo P. del Rosario • Congressman Alpha Land Corp. Tomas Congress, ʼ78-ʼ98 Charter • 1993-95 ♣ V. del Mar • • Pushing for (Hong Kong) • Founder of Justice for Aquino Osmeña III • Rodolfo R. del Rosario Change in the Implicated in World • Congressman, Congress, ʼ87-ʼ92 • Justice for All (JAJA) • constitution before his Bank Scandal - bidding Movement • Mayor of Cebu 1987-98, 2001- • 2 mayors of Davao mom steps down son brothers City, 1998-95, present anomalies with ZTE- City in 2010 NBN 2001-07 cousins Margarita Roxas de Ayala Ayala (1826-1869) = A Wealthography and Powertocracy ♣ Madrigal • Descends from Juan Matriarch of Roxas, Ayala (circa 1475) - big Ayala, and Zobel of the Philippines Very wealthy and political landowner families. One of Sy • Patriarch Antonio de Ayala sailed greatest Philippine family • • Teresita Sy-Coson, for Manila 1800s and established businesswomen of all Manuel •Maria Ana Consuelo “Jamby” time ♣ 56 an industrial partnership with Roxas Madrigal-Valade , descendant of • Daughter of Domingo Roxas Henry Sy • Current Senator Started Liberal Party • CEO Banco de Oro Antonio Fernández de Roxas, ♣ Roxas • • Books-for-the-Barangay Foundation Inc. Pre-CW in 1945 to oppose • SM Investments Unibank who migrated to the Philippines Sr. • education for poor in 1695, and later with Dr. , Sergio Osmena • Banco de Oro Unibank Antonio J. Roxas • Abad Santos Madrigal Foundation Inc. • (Nacionalista • China Banking Corp. Johannes Andreas Chairman: • women/children empowerment Zobel party) •Real Estate Roxas & Company, Inc. Aunt Pacita Madrigal-Gonzales and • • Retail • • Wholesale, import of IT - Mall of Asia grandfather Vincente Madrigal both Products • Massive wealth former senators • Roxaco Land Corp. - Property Development Don Zobel • Roxas Holdings Enrique Zobel de de Ayala • Sugar enlightened? Manufacturing Ayala Pre-CW Salonga • Jaime Z. de Ayala, 74. - • Most important businessman ♣ Possibly the Jaime Augusto during American Colonial period Former Senate President and Fernando most powerful • ZdeA currently active at Ayala Corp. • Consuelo Zobel Alger Jovito Salonga ♣ Yuchengco and tenured (daughter) • Ayala Corp. - oldest conglomerate in the Inigo & Mercedes family in •Civil Society Leader • Yuchengco Group of • Siblings with Philippines, 7 generations under Zobel de inherited stakes in Philippine Mercedes •Pushing for Companies Ayalas Ayala Corp. from history impeachment of current • MICO Equities Inc., Pan Malayan • Own much of Metro Manila real estate late aunt Mercedes Ombudsman Management and Investment Corp., • Bank of Philippine Islands Zobel McMicking Gutierrez Mapua Institute of Technology, Nippon • Ayala Land Inc. Life Insurance Co., Rizal Commercial • Manila Water Co. Teves Banking Corp., GPL Holding, House of • Globe Telecom ♣ Investments Inc., BA Savings Bank, Margarito • Hermenio G. Dole Philippines, Philippine Long Zobel ♣ son At height of Vote-Rigging Pre-CW Teves scandal in 2005, Ramos Distance Telephone Co., Benguet Inigo & Mercedes Gary Teves • • Congressman publicly convinced GMA Corp., Philippine Fuji Xerox Corp. Zobel Industries: Ariston Estrada Jr. - Director & • Secretary of Finance • Agriculture Committee not to resign from office. • FIRE, Banking, Mermac Advisor to Chairman of Ayala • Inc. - Stakes in • President, Land Bank •Hermino Teves & Co. Education, Telecom, Corp. since ʼ83 Ayala Corp. of the Philippines Inc. Manufacturing • Enrique Zobel Foundation • Comes from • sugar milling Ramos • Enrique Zobel = Ayala Corp. ♣ Estrada late cousin of Fidel V. Ramos Jaime nephew • • Ariston Estrada • Former President, 1992-98 Jr. • Currently the Chairman , Former Director: Ronald Emeritus of Lakas CMD • AC Intʼl Finance Ltd. Inigo ♣ (Christian-Muslim Democrats) ♣ Ayala DBS Holdings Teves Alfonso • Mercedes Zobel Party Inc. T. Yuchengco, 85 Zobel • Department of •Under Marcos was head of : • B.P.I. San Miguel Agriculture the Philippine Constabulary, Board of • Chair - Rizal Commercial • (Cojuangco) implementing martial • Mercedes Corp. Banking Corp. helps run Mermac law Enrique Zobel •Board of • Chair - Mapua Instiute of Tech Foundation Inc. • Board of Advisors Columbia Tan Business School Assets of a successful Caktiong • RP Permanent Rep. to U.N. Filipino family: • Major politician Razon • Wealth accumulation • Tony Tan Caktiong, 55 • Political violence Tan • Founder, Chairman, & CEO • Enrique Razon • Strategic politically‐A provision Ortigas Jolibee Foods Jr., 48. motivated marriages • Andrew Tan, 59 Philippines • International Container in the 1987 • Board Director of . • Patronageconstitution • Ortigas & Co. Limited • Chair of Megaworld Long Distance Telephone Co Terminal Services Partnership Corp. • Diverse business interestsprohibited (PLDT) • Port operations Ortigas Family Large multi-use real- 2/3 of House Control of media and or “Political • • • PLDT Recently bought • Foundation estate and technology and 1/2 of propagation of popular Dynasties”... 10% share in • Real Estate parks Meralco Senate is from myths/ideologies to justify a political clan one’s family’s dominance Magsaysay A Wealthography and Powertocracy A provision in Magsaysayʼs a ♣ Luisa the 1987 historically non- Ramon Magsaysay Sr. constitution • ♣ Ramon of the Philippines ♣ Ejercito- violent, non-rent- • President, 1953-57 prohibited seeking family Magsaysay Jr. Estrada • Genaro Magsaysay “Political Dynasties”... • Senator, 1960-72 Current Current Senator • Senator • Estrada Leonardo B. Roman • Country Communication Wife of Joseph ♣ Vincente • • • Governor
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