Top 10 Philippines' Wealthiest Individuals - SarkariResult

1. The Sy Siblings – Net Worth: $14.4B

News: The Sy siblings, heirs to the late Henry Sy Sr., comprising Teresita, Elizabeth, Henry Jr., Hans, Herbert, and Harley Sy, clinched the top spot in 2023. Their wealth stems from diverse sectors, primarily SM Investments and SM Prime, encompassing department stores, supermarkets, banks, hotels, real estate, and mining.

2. Manuel Villar – Net Worth: $9.7B

Former Senate President Manuel Villar secures the second position. Currently leading Vista Land & Lifescapes, his wealth is rooted in Golden MV Holdings, involved in mass housing projects and memorial parks, along with interests in malls and home improvement chains.

3. Enrique Razon Jr. – Net Worth: $8.1B

Renowned port magnate Enrique Razon Jr. heads the Philippines’ largest port operator, International Container Terminal Services (ICTSI). His wealth extends globally through subsidiaries in the Asia-Pacific, Eastern Europe, Africa, and the Americas. Additionally, he owns Bloomberry Resorts Corporation, operating Solaire Resort and Casino.

4. Ramon Ang – Net Worth: $3.4B

San Miguel Corporation owner Ramon Ang holds the fourth position. Starting as a brewery, San Miguel has evolved into a major player in food, beverages, power, and infrastructure. Noteworthy projects include a $15 billion airport and city complex and advancements in battery storage.

5. Tony Tan Caktiong & Family – Net Worth: $3.2B

Jollibee Foods’ mastermind, Tony Tan Caktiong, and family secure a spot on the list. Jollibee’s global expansion, coupled with ventures into property alongside partner Edgar Sia II, contributes to their wealth.

6. The Aboitiz Family – Net Worth: $3.15B

The Aboitiz family, spanning five generations, boasts Aboitiz Equity Ventures (AEV) across diverse sectors like power, banking, food, infrastructure, and real estate. Recent acquisitions include Citibank’s consumer banking business and Mactan-Cebu International Airport.

7. Lance Gokongwei & Siblings – Net Worth: $3B

The Gokongwei conglomerate, led by Lance Gokongwei and siblings, covers airlines (Cebu Pacific), telecom, banking, food, power, and property. Their ownership extends to Robinsons Malls and Universal Robina, a significant player in the food and beverage industry.

8. Isidro Consunji & Siblings – Net Worth: $2.9B

The Consunji clan, heirs to David Consunji’s legacy, manage DMCI Holdings, engaged in property development, mining, power generation, and water services. Isidro Consunji, as chairman and president, spearheads their diverse business ventures.

9. Jaime Zobel de Ayala & Family – Net Worth: $2.8B

Jaime Zobel de Ayala and his seven children oversee the Ayala Group, with interests spanning banking, real estate, hotels, telecommunications, and education, originating from a distillery in Manila.

10. Lucio Tan – Net Worth: $2.6B

Lucio Tan, the visionary behind the LT group, holds influence in tobacco, spirits, banking, and property development. Diversifying, his grandson, Lucio Tan III, leads PAL Holdings and Philippines Airlines.