August 28, 2015

The 50 richest Filipinos named by Forbes

American business magazine Forbes names richest men and women in Philippines, released its new list of 50 richest Filipinos and their families this Thursday, August 27, 2015.

For the eighth consecutive year, 90-year-old shopping mogul Henry Sy, topped the list with his net worth of $14.4 billion. He got richer by more than $2 billion from his 2014 net worth of $12.7 billion.

Most of the 50 richest Filipinos are the male business tycoons. And four women, namely Betty Ang, Vivian Que Azcona Beatrice Campos and Juliette Romualdez also are in the list.

The top 25 individuals and their families, their source of wealth and wealth are indicated below:
Philippines RankNameSource of WealthAffiliated BrandsAugust 2015 Net Worth, in billions
1Henry SydiversifiedSM Investments Corp. City of Dreams Manila $14.40
2John Gokongwei Jr.diversifiedJG Summit Holdings, Cebu Pacific, Universal Robina $ 5.50
3Andrew TandiversifiedMegaworld, McDonald's, Emperador Distillers, Resorts World Manila $ 4.50
4Lucio TandiversifiedAsia Brewery, Philip Morris-Fortune Tobacco, Philippine Airlines, Philippine National Bank $ 4.30
5Enrique Razon Jr.portsInternational Container Terminal Services, Solaire Resort $ 4.10
6George TybankingGT Capital, Metrobank $ 4.00
7Aboitiz familydiversifiedAboitiz Equity Ventures $ 3.60
8Jaime Zobel de AyaladiversifiedAyala Land, BPI, Globe Telecom, Manila Water $ 3.50
9David ConsunjiconstructionDMCI Holdings $ 3.20
10Tony Tan Caktiongfast foodJollibee Foods, Greenwich Pizza, Chowking $ 2.20
11Lucio and Susan CoretailingPuregold Price Club $ 1.70
12Robert Coyiuto Jr.powerPrudential Guarantee & Assurance, PGA Cars, National Grid Corp. $ 1.60
13Manuel Villarreal estateStarmalls, Vista Land & Landscapes $1.50
14Yap familybankingPhiltrust Bank, Manila Bulletin Publishing $ 1.40
15Alfredo YaodiversifiedZest-O, Zest Air, Summit Hotel $ 1.30
16Dean LaodiversifiedD&L Industries, Chemrez $ 1.10
17Oscar LopezmediaABS-CBN, Star Cinema, First Gen Corp. $ 1.00
18Andrew Gotianunreal estateEast West Banking,Filinvest Development $ 0.91
19Betty AngfoodMonde Nissin, Lucky Me! $ 0.91
20Roberto OngpindiversifiedAlphaland $ 0.90
21Inigo and Mercedes ZobeldiversifiedStake in Ayala Corp, San Miguel Corp. $ 0.87
22Vivian Que AzconaretailingMercury Drug $ 0.78
23Eduardo Cojuangcofood and drinksNorthern Cement $ 0.77
24Beatrice CampospharmaceuticalUnilab $ 0.74
25Ricardo Po and familycanned foodCentury Tuna $ 0.64

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