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Eric Recto Net Worth 2017, Biography & Wiki
Eric Recto Net Worth: Eric Recto is a Filipino businessman who has a net worth of $485 million. An Industrial Engineer in the University of the Philippines and MBA holder from Cornell University, he began his career in the private sector. He found a growth in his net worth after he bought a 24% stake in Philippine Bank of Communications, from his uncle Roberto Ongpin who stepped down as co-chairman in December 2013. Additionally, there was an nearly one forth increase in the shares of programmer Alphaland, where he also holds a position. In February, he left his place as President of petroleum refiner Petron to become its Vice Chairman.