Top 10 Billionaires in the Philippines 2019

Date:

Seventeen (17) Filipinos was featured in Forbes Magazine as the top richest people on the planet. Manny Villar, a real estate tycoon, acquired $5.5 billion, making him as the richest man among the top 10 billionaires in the Philippines.

Moreover, it is the first time that a pure Filipino was recognized as the wealthiest man in the country. Globally, Villar ranked 317th.

Over the years, the late-business tycoon, Henry Sy , who died last January at the age 94, led as the richest man in the Philippines.

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Further, the spots were occupied by the following Filipinos being one of the top 10 billionaires in the Philippines: John Gokongwei Jr., attained a net worth of  $5.1 billion. This man is known for Cebu Pacific and other businesses.

On the 3rd place, Enrique Razon Jr. with $4.8 billion; Lucio Tan (No. 436, $4.4 billion); Tony Tan Caktiong and family    ($3.9 billion); Ramon Ang ($2.9 billion) and, markedly,  Andrew Tan of Alliance Global Inc.  with $2.7 billion.

Interestingly, the heirs of Henry Sy namely,  Hans and Herber were tied at the 8th place with a net worth of $2.4 billion.

On the other, their other siblings, placed on the 9th, Harley, Henry Jr. and Teresita Sy-Coson ($2.2 billion each). Lastly, with $1.9 billion, owned by Elizabeth Sy.

Apart from these tycoons, 11th-17th placed were occupied by the following richest people:

Accordingly, Eduardo Cojuangco of San Miguel Corp. acquired  a net worth of $1.4 billion; Robert Coyiuto Jr. ($1.4 billion), Ricardo Po ($1.2 billion ), and Roberto Ongpin ($1.1 B).

13. Roberto Ongpin ($1.1 billion)

12. Ricardo Po Sr. and family ($1.2 billion)

11. Eduardo Cojuangco ($1.4 billion)

11. Robert Coyiuto, Jr. ($1.4 billion)

10. Elizabeth Sy ($1.9 billion)

9. Harley Sy, Henry Sy, Jr., and Teresita Sy-Coson ($2.2 billion)

8. Hans Sy and Herbert Sy ($2.4 billion)

7. Andrew Tan ($2.7 billion)

6. Ramon Ang ($2.9 billion)

5. Tony Tan Caktiong and family ($3.9 billion)

4. Lucio Tan ($4.4 billion)

3. Enrique Razon Jr. ($4.8 billion)

2. John Gokongwei Jr ($5.1 billion)

1. Manny Villar ($5.5 billion)

Here’s the updated list of the Top 10 Richest Filipinos in 2019

Source:

Nath Mindanao
Nath Mindanao
An Agribusiness economist. I scribble more about agriculture, politics and economics.

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