The Filipina first wife of the late tycoon George S.K. Ty and their two children were left out in the inheritance of the taipan, based on the contents of a last will and testament submitted to the Makati Regional Trial Court by the second wife.

Lourdes de Lara Ty, who was married to the late tycoon in 1961, was completely omitted in the last will and testament allegedly left in the control of the second wife, according to the Filipina wife’s lawyer Jose Virgilio Bautista.

“The second wife, Mary Vy, filed a petition with the Makati court to prove that the will is authentic and duly executed,” Bautista said.

Bautista said Lourdes is the legal wife and must be considered in the estate case as the late tycoon’s surviving spouse. “As the legitimate spouse, she is entitled to both her conjugal share in the estate, as well as her compulsory inheritance known as her legitime,” the lawyer explained.

“Lourdes could not believe that her late husband could really make a will that excluded her and their two legitimate children,” Bautista said. “And this is the reason why she will challenge and oppose the approval of the will in court,” he added.

The petition filed by Mary Vy Ty in court never mentioned the name George S.K. Ty in any of the papers she filed, referring to the late tycoon by his Chinese name Ty Siao Kian.

The prestigious Forbes Magazine rated the late George S.K. Ty one of the Top 10 richest Filipinos with a net personal fortune of $2.75 billion.