Money

Henry Sy’s children, Manuel Villar, John Gokongwei top Philippines’ richest

Who are the Philippines richest people? Here’s the list of Forbes Magazine’s richest men in the Philippines.

1 Sy Siblings – $17.2 B
2 Manuel Villar – $6.6 B
3 John Gokongwei, Jr. – $5.3 B
4 Enrique Razon, Jr. $5.1 B
5 Jaime Zobel de Ayala – $3.7 
6 Lucio Tan – $3.6 B
7 Tony Tan Caktiong – $3 B
8 Ramon Ang – $2.8 B
9 Ty Siblings – $2.6 B
10 Andrew Tan – $2.55 B

The Sy siblings make it to the list for the first time this year, replacing their father Henry Sy, Sr., as the new No. 1, a position which the late Sy held for 11 consecutive years. They have a combined net worth of US$17.2 billion, stemming largely from the family’s SM group, the country’s largest conglomerate, said Forbes.

Source/Photo: Forbes, One