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Thursday, February 22, 2024

SMC chief Ang in Forbes list of philanthropists

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San Miguel Corp. (SMC) president and chief executive officer Ramon S. Ang was named among Forbes Asia’s 15 leading philanthropists from the Asia-Pacific region for 2023.

Ang was the only Filipino to be included in the 17th edition of Forbes Asia’s annual “Heroes of Philanthropy” issue, which highlights business leaders who are donating from their own fortunes and giving personal time and attention to their select causes.

Ang was recognized for his commitment to donate P500 million ($9 million) to build schools for underprivileged children in Manila.

Since 2020, Ang through his RSA Foundation has personally contributed over P150 million to scholarship grants and medical aid.

Separately, SMC’s San Miguel Foundation spent over P1 billion to build five schools in the Metro Manila region, while donating P14.8 billion to support the government’s relief measures during the COVID-19 pandemic.

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It also earmarked another P3 billion for the Pasig River cleanup effort.

Others that made it to the list were Japan’s Takemitsu Takizaki, Australia’s Andrew and Nicola Forrest, Hong Kong billionaire Li Ka-shing, Indonesian billionaire Low Tuck Kwong, and Australian billionaire James Packer.

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