On his private Instagram account, Co recently posted photos from a vacation in Andalucia, Spain, accompanied by an unidentified woman.
The intrigue deepened when eagle-eyed observers noticed that Bea Alonzo — one of the Philippines’ most bankable actresses and top brand endorsers — had also posted pictures from the same Spanish location, wearing identical outfits seen in Co’s posts. Alonzo’s verified account further fueled speculation by publicly “liking” Co’s posts. An insider familiar with the matter, confirmed that Co and Alonzo are indeed a couple and that the relationship is serious.
“Vincent is very open about Bea within his private circle,” he told InsiderPH. “Both families are aware and supportive. They are very happy, and very much in love.”
Lucio and Susan Co have long been fixtures on the Forbes Philippines Rich List, with a family net worth estimated at around $2.7 billion. Puregold, their flagship enterprise, has emerged as a dominant force in Philippine retail, with a national footprint of 602 stores, comprising 511 Puregold outlets, 29 S&R Membership Shopping Warehouses, and 62 S&R New York Style quick-service restaurants.
Against this backdrop, the emerging personal narrative has caught both entertainment and business circles by surprise. Neither Alonzo nor Co (known for his intensely private nature) has publicly addressed the relationship, leaving observers to parse social media breadcrumbs.
If confirmed, the relationship would cement Co and Alonzo as one of the Philippines’ most formidable power couples, blending the weight of a retail empire with the star power of an entertainment icon.
Adding to the intrigue, the same insider said Co brought Alonzo to the family’s vineyard in Spain, prompting speculation that an engagement may already be on the horizon.
“It’s definitely a possibility,” he said.
Senior Reporter
