Billionaire Profile
Susan Co
Global Rank
#2538

Image: Public domain | via Wikimedia Commons

Susan Co

CEO, Puregold Price Club
PH
Real-Time Net Worth
$1.42B
As of December 2025
Age
68
Source
Retail
Industry
fashion-retail
Citizenship
PH

Biography

Susan Co is the Chairman of Puregold Price Club, a major retail chain in the Philippines, which she co-founded with her husband, Lucio Co, in 1998. Her main source of wealth comes from the retail industry, where she has demonstrated significant business acumen. With a net worth of $1.42 billion as of December 2025, Susan Co is ranked among the top billionaires globally. Her career has been marked by strategic expansion and a focus on serving the middle-class consumer market, contributing to Puregold's substantial growth and market presence.

In-Depth Profile

Early Life

Information about Susan Co's early life is limited due to her preference for privacy. However, it is known that she, along with her husband Lucio Co, built a significant business empire in the Philippines.

Rise to Success

Susan Co's rise to success is primarily tied to Puregold Price Club, a chain of hypermarkets and supermarkets. The company was founded in 1998, during the Asian financial crisis, when they saw an opportunity to provide affordable goods. Puregold has grown rapidly, expanding to over 640 stores across the Philippines as of 2025.

Key Business Strategies

Key strategies include:

  • Focus on the Middle Class: Targeting middle and low-income consumers has been a core strategy.
  • Strategic Acquisitions: Puregold has expanded through acquisitions, including S&R Membership Shopping.
  • Hypermarket Concept: Puregold adopted a hypermarket concept, offering a wide range of products under one roof.

Philanthropy

Susan Co is involved in philanthropic initiatives, although specific details about the amounts and initiatives are not readily available. She is involved with the Luis Co Chi Kiat Foundation, Inc.

Career Milestones

1998

Co-founded Puregold Price Club

Co-founded the hypermarket and supermarket chain with her husband, Lucio Co.

2011

Puregold IPO

Puregold Price Club went public.

Philanthropy & Social Impact

Education

Luis Co Chi Kiat Foundation, Inc.

Undisclosed

Involved in various projects with education as its main thrust