Emilio Yap

Emilio T. Yap Sr., GCLH (September 24, 1925 – April 7, 2014) was a Chinese Filipino business tycoon and philanthropist. He was the chairman of the board of the Manila Bulletin.

Yap was born on September 24, 1925^[1] in Fujian Province, China. 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.^[2]

He began his business career in 1942.^[1]

In July 1984, Yap was elected as the chairman of the board of the Manila Bulletin, a position he held until his death in 2014.^[3] He was also the vice president of the executive department of the Manila Bulletin.^[3]

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.^[1][3]Forbes ranked Yap as the 15th wealthiest person in the Philippines in 2013, with an estimated net worth of $1.1 billion.^[1][3]

Yap died on April 7, 2014, at the age of 88,^[3] and was buried at the Manila Memorial Park in Parañaque on April 13, 2014.^[2]

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.^[4][5]

The following companies are grouped under a de factoholding company named U.S. AUTOMOTIVE CO., INC. whose beneficial ownership are traceable to the estate &/or descendants of Yap^[6]. He set up this legal entity back in 1950 to purchase surplus military vehicles and supplies^[7].

• Centro Escolar University

• Philippine Trust Company (Philtrust Bank)^[8]

( see subsidiaries under H&P )

• Euro-Med Laboratories Phil. Inc.
  • CafeFrance Corp.
  • Hemotek Renal & Dialysis Center
  • Advanced Nutritional Technologies Inc.

• Manila Hotel

• Manila Bulletin Publishing Corp.

• Philtrust Realty Corp.
• U.N. Properties Development Corp.

• Cocusphil Development Corporation

• Alfonso A. Uy
• Edgar Sia