Tomas Alcantara Net Worth

What is Tomas Alcantara's Net Worth?

Tomas Alcantara is a Filipino businessman who has a net worth of $160 million. He rose to riches as the President and Chairman of the publicly-listed Alsons Consolidated Resources, an investment holding company with interests in energy and property development. Actually, it's his 80% share in the company that makes up the most of his fortune.

In the meantime, Alsons Consolidated Resources is investing more than $1 billion to construct new power plants in electricity-starved Mindanao province as a part of project that needs to be carried out in the next five years. The company is also actively expanding its mining and power operations in Indonesia, where it has a joint venture with the trading arm of Toyota. Most recently, Alcantara united with Jaime Zobel De Ayala's property unit Ayala Land in order to develop a residential and retail complex in Davao.