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Emilio T. Yap Sr., GCLH (September 24, 1925 – April 7, 2014) was a
Chinese Filipino Chinese Filipinos (sometimes referred as Filipino Chinese or Chinoy/Tsinoy in the Philippines) are Filipinos of Chinese descent with ancestry mainly from Fujian, but are typically born and raised in the Philippines. Chinese Filipinos are one ...
business tycoon and
philanthropist Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material ...
. He was the chairman of the board of the ''
Manila Bulletin The ''Manila Bulletin'' () (also known as the ''Bulletin'' and previously known as the ''Manila Daily Bulletin'' from 1906 to September 23, 1972, and the ''Bulletin Today'' from November 22, 1972, to March 10, 1986) is the Philippines' largest ...
''.


Biography

Yap was born on September 24, 1925 in Fujian Province,
China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
. He moved to the Philippines where he studied and worked in a business owned by his grandfather in Manila, then went to Dumaguete to work as a shopkeeper. He began his business career in 1942.


Career

In July 1984, Yap was elected as the chairman of the board of the ''
Manila Bulletin The ''Manila Bulletin'' () (also known as the ''Bulletin'' and previously known as the ''Manila Daily Bulletin'' from 1906 to September 23, 1972, and the ''Bulletin Today'' from November 22, 1972, to March 10, 1986) is the Philippines' largest ...
'', a position he held until his death in 2014. He was also the vice president of the executive department of the ''Manila Bulletin''. Yap was the chairman of Manila Hotel from 1997 until 2014, chairman of Centro Escolar University since 2002, and the chairman emeritus of Philtrust Bank. ''
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
'' ranked Yap as the 15th wealthiest person in the Philippines in 2013, with an estimated net worth of $1.1 billion.


Death and legacy

Yap died on April 7, 2014, at the age of 88, and was buried at the Manila Memorial Park in Parañaque on April 13, 2014. On August 3, 2015, a facility inside the Philippine Red Cross Tower National Blood Center was named Don Emilio T. Yap Blood Apheresis Center in honor of his charitable works with the organization.


See also

* Alfonso A. Uy * Edgar Sia


References

1925 births 2014 deaths 20th-century Filipino businesspeople 20th-century philanthropists 21st-century Filipino businesspeople Burials at the Manila Memorial Park – Sucat Filipino billionaires Filipino business executives Filipino Roman Catholics Filipino newspaper executives Filipino people of Chinese descent Filipino philanthropists Manila Bulletin people Recipients of the Philippine Legion of Honor {{Philippines-business-bio-stub