He has since grown the company into one of the largest biscuit manufacturers in the Philippines. Jacinto Ng Sr. has also invested in other businesses such as real estate, banking, and food manufacturing.
Jacinto Ng Sr. is a Filipino businessman with a net worth of $230 million. He is the founder of Republic Biscuit Corp., which he started in 1963 in a small rented factory in Manila. Through his hard work and dedication, he has grown the company into one of the largest biscuit manufacturers in the Philippines. In addition to Republic Biscuit Corp., Jacinto Ng Sr. has also invested in other businesses such as real estate, banking, and food manufacturing.
Jacinto Ng Sr. is a member of Executives
💰Jacinto Ng Sr. Net worth: $230 Million
Over the years, it has grown into one of the leading snack food companies in the Philippines, becoming popular for its cream-filled cracker sandwiches. Jacinto Ng Sr. took the company public in May 2013, raising $192 million in the process. In addition, he partly derives his wealth from his biscuit maker called Rebisco, a privately-owned company that is launching a range of ready-to-eat meals. Furthermore, he holds shares in the property arm Extraordinary Group, which is building low-cost apartments for $8,000 each. Also an owner of a hotel outfit Quantuvis that runs the Oakwood brand of serviced apartments in Manila, Jacinto Ng Sr. has stakes in Sy's listed property units Belle Corp and Highlands Prime.