Lucio and Susan Co
Lucio and Susan Co, a husband and wife team owns Puregold Price Club the second largest retailing company in Philippines after Henry Sy’s SM Group. Lucio Co serves as the Chairman of Puregold Price Club and Susan Co as the Vice Chairman. In 1998, the Co’s started with one store and hit a huge financial success with Puregold Price Club.
The retail company currently has more than 150 hypermarkets across the country. Puregold outlets stock a variety of cheap merchandise with the aim to attract middle-income and low-income shoppers.Mr. Lucio had acquired a good retailing background when he previously ran duty-free Airport shops at an American Air Force Base. The experience helped Lucio to be able to manage the expansion of Puregold extremely well.
Lucio and Susan transferred most of their stake in Puregold to Cosco Company currently their third public listed company. Mr. Lucio is also the owner of VFC Land Resources Inc. He also serves as the chairman and president of Da Vinci Capital Holdings Inc. Lucio and Susan Co have an estimated Net worth of $1.9 Billion ranking them no. 10 on Forbes Lists of the Philippines 50 richest.
Read also : Richest People In The Philippines
Press Like If You Learnt Something New : )
"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton
The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.
Forbes (The ultimate site for billionaire rankings)
CelebrityNetWorth (The ultimate site for net worth of celebrities)
TheRichest (Great site for things about money and rich people)
Wikipedia (Greatest site on earth for lots of information)