RICH LIST: Forbes estimates the combined wealth of the richest Filipinos fell to $72 billion in 2022 from $79 billion in the past year, with over two-thirds of people posting a decline in wealth amid the pandemic. But the Top 20 saw new faces, thanks to post-IPO market performance.
Image Credit: File | Social Media
2 of 21
#1. THE SY SIBLINGS, $12.6 billion: The family controls the retail and property giant SM Group and held the top spot of Forbes’ richest list in the Philippines in 2022. The siblings have a net worth estimated at $12.6 billion. It’s a $4-billion drop from previous estimates, marking the biggest decline in dollar terms.
Image Credit: File | Gulf News
3 of 21
#2. MANUEL VILLAR JR., $7.8 billion: Property tycoon Manuel “Manny” Villar Jr. has a fortune estimated at $7.8 billion. He added $1.1 billion in the past year, making him the country’s biggest dollar gainer.
Image Credit: File | Gulf News
4 of 21
#3. ENRIQUE RAZON JR., $5.6 billion: Ports magnate Enrique Razon Jr., with a net worth estimated at $5.6 billion, landed on the third spot among wealthiest Filipinos. Razon’s net worth saw a slight decline in the past year amid the country’s recovery from the COVID-19 pandemic.
Image Credit: File | Gulf News
This website stores cookies on your computer. These cookies are used to improve your experience and provide more personalized service to you.
Both on your website and other media. To find out more about the cookies and data we use, please check out our Privacy Policy.
