According to Forbes, Alice Eduardo net worth is estimated to be around $25 million or ₱142 million as of September 25, 2023. She is ranked 7th in the richest woman of the Philippines list by Forbes. Eduardo is a Filipino businesswoman and the president and CEO of Sta Elena Construction and Development Corporation (SECDC), a major player in the country’s real estate and infrastructural development sectors. She also owns a mansion in Beverly Hills, estimated to be worth over US$17.5 million.
Alice Eduardo Net Worth 2023
|Net Worth||$25 Million|
|Annual Income||$3 Million|
|Crypto Investments||$1 Million|
|Stock Portfolio||$6 Million|
|Real State Assets||$17.5 Million|
Wealth During Early Career
Alice Eduardo had to struggle a lot during the early stages of her career in the real estate industry of the Philippines. She had a net worth of less than $1 Million in the ’90s. Her financial conditions became more triggered during the Asian financial crisis of 1991. But as we say tough time creates strong men, Initial difficulties made Alice a strong and successful businesswoman.
Alice Eduardo’s Personal Life
There is nothing too much to read about Eduardo’s personal life. She was married to a Philippine businessman Noberto Vitangcol at an early age, but the couple couldn’t go hand in hand for a long time. Eduardo divorced him and they both share three children Jacqueline, Jameson, and Jessica. Alice Eduardo has three siblings, sisters Melba Eduardo and Small Eduardo brother Joel Eduardo
|Alice Eduardo||Businesswoman, founder, president, and CEO of Sta. Elena Construction and Development Corporation|
|Date of birth||March 20, 1965|
|Age||58 years, 5 months, and 25 days (as of September 25, 2023)|
|Alice Eduardo Husband||Noberto Vitangcol|
|Education||University of Santo Tomas|
|Net worth||$25 million (₱142 million in Philippine pesos)|
|Known for||Leading SECDC to its current success and her philanthropic work|
Eduardo has been credited with leading SECDC to its current success, despite the fact that she entered a predominantly male-led industry. She is also known for her philanthropic work, having donated over $1.3 million to various charities since 2014.
Alice started her career as a businesswoman in 1995. She got her first contract from Concrete Aggregates to supply steel to a building project in Malolos. But he got a break in the industry with the Bacnotan Steel Plant project. This project provided wings to Eduardo’s business career.
Eduardo has to face a major financial setback during the Asian financial crisis of 1990. It’s been 28 years since she started Sta. Elena Construction and now, she is an established businesswoman. She
built a lot of major projects since then. Here is the list of major projects she completed as per her official website.
- SM Bay Arena
- Bacnotan Steel Plant
- SM Pampanga
- SM Bacolod
- SM Seaside City Mall (Cebu)
- SM City Cabanatuan
- Santa Rita and San Lorenzo plants
- SM Olongapo City
- San Gabriel Power Plant
- SM City Tarlac
- Belle Grande Casino and Resort
- City of Dreams
- SM Mall of Asia
- Solaire Resort and Casino
- SM office buildings, One, Two and Three Ecom Center, and
- SMDC residential complexes, Sea Residences, Shell Residences, and Shore Residences.
Alice Eduardo Assets
Alice Eduardo owns a mansion in Beverly Hills, estimated to be worth over US$17.5 million. This Beverly Hills house is the main source of Alice Eduardo’s net worth. She also has Rolls-Royces; Gucci clothes; and Hermès bags.
Most of his worth is earned in the construction industry, no one denies her wealth and success in the construction industry. Over the past ten years, Eduardo has been working on bigger projects including the construction of public infrastructure, like the power plants and many more that supply energy to regions across the country.
Alice Eduardo Source of Income
Alice Eduardo earns most of her net worth from her construction company, Sta. Elena Construction and Development Corporation. She is the founder, president, and CEO of the company, which is one of the leading construction firms operating in the Philippines as of 2023.
Elena constructed many high-profile projects, including 80% of Entertainment City in Parañaque.
In addition to her mighty construction business, Eduardo also holds a large number of investments in the real estate and hospitality sector.
Alice Eduardo Net Worth History
Alice Eduardo Donations
Eduardo is also known for her charity work. In 2014, she donated around $1.5 million for the Php 14 million construction of the Philippine General Hospital’s (PGH) pediatrics isolation ward for cancer patients, as well as the Php 19 million dormitories for the patient’s relatives. These provisions significantly contributed to a decrease in mortality rates among patients in the Philippines.
Alice Eduardo has been one of Habitat for Humanity’s prime movers since 2011 (PhP 10M). She has also donated an aggregate amount of Php 5M to Marawi survivors.