George Ty’s biography, fact, career, awards, net worth & life story

  • Source of Wealth: Business – Banking (Metrobank)
  • Birth Place: Hong Kong City, Macau, China
  • Marital Status: Married (Mary Vy Ty)
  • Full Name: George Siao Kian Ty
  • Nationality: Filipino
  • Date of Birth: 18 October 1932
  • Ethnicity: Chinese
  • Occupation: Businessman and Philanthropist
  • Education: University of Santo Tomas
  • Children: 5 (Arthur, Alfred, Margaret, Alesandra and Anjanette)

Chinese Filipino finance tycoon, George Ty had an estimated net worth of $2.8 billion. He founded Metropolitan Bank and Trust Company, currently the largest bank in terms of Assets and Capital in the Philippines. It became the Philippines’ second-largest lender, posted record profits of $195 million in 2010.

Self-starter founded bank the in his 20s, stepped down as chairman in 2006 in favor of son Arthur. The group’s power unit began operating a new coal-fired power plant in April 2011. His real estate arm, Federal Land, was able to build a $300 million hotel in Manila called Grand Hyatt Manila that opened on January 23, 2018.

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