Ricardo Po Sr., founder of Century Pacific Food Inc., the company known for its Century Tuna product line, passed away on Oct. 11 due to complications arising from surgery, according to his family.
Born in China, Po and his mother moved to Manila in 1947 when he was 15.
Po took up chemistry at UST from 1952 to 1954 under the old College of Liberal Arts before dropping out to work as a journalist for a Chinese newspaper in Binondo.
As a newsman, he covered the Malacañang and police beats.
After his journalism stint, Po started the Cathay Promotions Advertising Company, which designed the logo of the SM group.
After losing money due to the 1973 stock market crash, Po started his canning factory in 1978. The factory later became the leading exporter of private-label tuna products in the country.
His company, Century Pacific, produces canned products under brands like Century Tuna, 555, Argentina, Birch Tree, Swift Premium and Fresca Tuna.
UST awarded Po a masters in business administration in 2006 and gave him The Outstanding Thomasian Alumni (Total) Award in 2007.
In 2021, Forbes magazine listed Po as the 16th wealthiest man in the country, with an estimated net worth of $1.4 billion (around ₱70 billion) as of Oct. 12. He was recognized by the same magazine in 2014 for being a “notable” philanthropist in the Asia-Pacific.
Po is survived by his wife, Angelita, and children Ricardo Jr., Teodoro Alexander, Christopher and Leonardo Arthur.
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