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 Rank	Name	Source of Wealth	Affiliated Brands	August 2015 Net Worth, in billions
1	Henry Sy	diversified	SM Investments Corp. City of Dreams Manila	$14.40
2	John Gokongwei Jr.	diversified	JG Summit Holdings, Cebu Pacific, Universal Robina	$ 5.50
3	Andrew Tan	diversified	Megaworld, McDonald's, Emperador Distillers, Resorts World Manila	$ 4.50
4	Lucio Tan	diversified	Asia Brewery, Philip Morris-Fortune Tobacco, Philippine Airlines, Philippine National Bank	$ 4.30
5	Enrique Razon Jr.	ports	International Container Terminal Services, Solaire Resort	$ 4.10
6	George Ty	banking	GT Capital, Metrobank	$ 4.00
7	Aboitiz family	diversified	Aboitiz Equity Ventures	$ 3.60
8	Jaime Zobel de Ayala	diversified	Ayala Land, BPI, Globe Telecom, Manila Water	$ 3.50
9	David Consunji	construction	DMCI Holdings	$ 3.20
10	Tony Tan Caktiong	fast food	Jollibee Foods, Greenwich Pizza, Chowking	$ 2.20
11	Lucio and Susan Co	retailing	Puregold Price Club	$ 1.70
12	Robert Coyiuto Jr.	power	Prudential Guarantee & Assurance, PGA Cars, National Grid Corp.	$ 1.60
13	Manuel Villar	real estate	Starmalls, Vista Land & Landscapes	$1.50
14	Yap family	banking	Philtrust Bank, Manila Bulletin Publishing	$ 1.40
15	Alfredo Yao	diversified	Zest-O, Zest Air, Summit Hotel	$ 1.30
16	Dean Lao	diversified	D&L Industries, Chemrez	$ 1.10
17	Oscar Lopez	media	ABS-CBN, Star Cinema, First Gen Corp.	$ 1.00
18	Andrew Gotianun	real estate	East West Banking,Filinvest Development	$ 0.91
19	Betty Ang	food	Monde Nissin, Lucky Me!	$ 0.91
20	Roberto Ongpin	diversified	Alphaland	$ 0.90
21	Inigo and Mercedes Zobel	diversified	Stake in Ayala Corp, San Miguel Corp.	$ 0.87
22	Vivian Que Azcona	retailing	Mercury Drug	$ 0.78
23	Eduardo Cojuangco	food and drinks	Northern Cement	$ 0.77
24	Beatrice Campos	pharmaceutical	Unilab	$ 0.74
25	Ricardo Po and family	canned food	Century Tuna	$ 0.64

View the complete list of 50 richest Filipinos on the website of Forbes magazine.