Self-made Billionare: RSA - Biography, Success Story and Accomplishments

Self-made Billionare: RSA - Biography, Success Story and Accomplishments


Boss RSA as he is known to his employees in San Miguel Corporation (SMC) is a self made billionaire.


Forbes magazine made an estimate of his net worth which reportedly worth $2.3 billion. He currently holds the Presidency and ice chairmanship od San Miguel Corporation, the Philippines’ oldest brewery.


As of 2021, Forbes ranked Ang as #9 in the Philippines 50 richest and #1444 in Billionaires 2021 list.

(photo credit to owner)

His current work involvements


President, CEO and COO of San Miguel Corporation (SMC) President and CEO of Top Frontier Investment Holdings, Inc. Chairman of Eagle Cement Corporation

RSA as a private family man


He treasures his privacy, married to his wife Tessi and has eight children. Currently, Ang’s daughter, Cecile, is the president of Diamond Hotel. His son, John Paul is the CEO of Eagle Cement Corp while daughter Monic is the treasurer and CFO.


Ang’s younger son, Jomar, passed away last April 2020, at the age of 26. He served as chief financial officer of BMW distributor RSA Motors, and was also involved in San Miguel Global Power Holdings Inc. At the time of Jomar’s passing, the Ang family said in a statement that Jomar was a “dutiful, loving, and kind-hearted son, brother and a loyal and dedicated friend to many.”

His educ background and education


He was born in Manila, Philippines on January 14, 1954. His father owned a repair shop for motor vehicles in Tondo, Manila.


RSA was a dedicated student who worked odd jobs in order to fund his education and support his family. He graduated with a degree of Bachelor of Engineering in Far Eastern University (FEU). He also finished his doctorate degree in the same university.

In a speech to his alma mater’s 2018 graduating class, he acknowledged that it was his years as a working student when he learned how to do business. As he struggled in his humble life, he was able to develop business skills and lay a solid foundation for long-term success. Importantly, he learned to interact with people from all walks of life. He became sharp in reading and understanding individuals and their motivations and abilities. He knew how to be resilient to adapt to any situation, no matter how difficult, and to “make tough decisions based on gut instincts.”


Business life As a businessman



Ang learned how valuable it was to build long-term relationships with partners, allies, and friends. He acknowledged that these were the key to his success. After college, Ang followed in his father’s footsteps and went into the vehicles business. But he took a step further as he focused on fixing and selling luxury automobiles such as Japanese cars. He also traded and sold hard-to-find parts. It was through this business that Ang met the late Eduardo “Danding” Cojuangco when he sold him aluminum wheels.

This partnership paved the way for Ang to reach the road to his success. Cojuangco, the SMC owner, believed in Ang’s skills that he made him handle his cement enterprise in the north, then known as Northern Cement.

Ang didn’t disappoint Cojuangco’s trust as he made Northern Cement a profitable business. His entrepreneurial genius shone and impressed the rest of the Cojuangco family. When the Cojuangco patriarch had to leave the Philippines following the EDSA revolution, Ang took over and handled the firm very well.


Years later, Cojuangco returned and appointed Ang as his successor in SMC, selling him the majority of his shares

SMC under RSA


Under Ang’s leadership, SMC transformed to be one of the Philippines’ largest and most diverse conglomerates in terms of revenue and total assets, with sales equivalent to approximately 4% of Philippine GDP in 2020.

Food and beverage, packaging, fuel and oil, energy, and infrastructure are among SMC’s five key business groups, with the majority of them being market leaders in their respective industries. SMC also has investments in other businesses such as property development and leasing, cement, automobile distribution, and banking services.


Under SMC’s wing are the following firms: San Miguel Brewery (SMB) San Miguel Pure Foods (SMPF) Ginebra San Miguel Petron Corporation San Miguel Yamamura Packaging Corporation San Miguel Properties Inc. (SMPI) SMC Global Power Holdings Corp SMC Infrastructure Anchor Insurance Brokerage Corp Archen Technologies Bank of Commerce SMC Retirement Fund Office SMC Stock Transfer Corp SMITS, Inc Prosync



BE YOUR OWN BOSS! Join the most trending Online Negosyo now.


For only 17,888 you can have 5 online shops of various food, health and beauty products, plus Ninja Ion and Coppermask.


Reserve your slots now. Send a message by clicking the button below.


Ask me how, leave me a message in



What can you say about this?

Share us your thoughts by simply leaving on the comment section below. For more news updates, feel free to visit our site often.

Stay updated with today's relevant news and trends by hitting the LIKE button.


Thanks for dropping by and reading this post.


Report from Businessnews


Disclaimer: Contributed articles does not reflect the view of THE PH CHRONICLES. This website cannot guarantee the legitimacy of some of the information contributed to us. You may do additional research if you find some information doubtful. No part of this article maybe reproduced without permission from this website.

Post a Comment