Mining businessman Alfredo Ramos, who chairs several listed firms and whose family owns National Bookstore Inc., passed away on Saturday. He was born in 1943.
The Philodrill Corp. confirmed his death in a disclosure to the stock exchange Monday.
“It is with profound sorrow that The Philodrill Corp. announces the passing of its chairman and president, Mr. Alfredo Ramos. Mr. Ramos provided insightful guidance to the company’s management and led Philodrill towards resiliency. His contributions to the company will forever be remembered,’ Philodrill said.
Aside from Philodrill, Ramos was also the chairman of Shang Properties Inc., Anglo Philippine Holdings Corp., United Paragon Mining Corp. and Atlas Consolidated Mining and Development Corp.
Ramos and his family were included in Forbes Philippine richest with a net worth of $120 million in 2015.
His family owns the country’s largest copper and nickel mines. The family also runs a privately held printing and publishing business, which was started by his parents. Jenniffer B. Austria