What is Frederick Dy's Net Worth?
Frederick Dy is a Filipino businessman who has a net worth of $290 million. He joined the billionaires' club as Chairman of the publicly-listed Security Bank Corporation, the nation's 10th largest bank by assets. Frederick Dy witnessed a major rise in his net worth along with the bank's shares continuous growth.
More precisely, the bank's net income surged by 12%, whereas total assets increased by over 20% last year thanks to the expanding economy. Most recently, through Security Bank he anticipated in the renovation of an exhibition gallery at The National Museum, which was named the Security Bank Hall. Frederick Dy shares his wealth with his wife, with whom he has three children.
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