How well-versed are you in the lives of the richest people in the Philippines? Well, if you aren’t well-versed, there’s nothing to worry about, we’ve got you covered.
Top 10 Richest People in the Philippines 2024
Here’s a list of the top 10 Richest People in the Philippines.
Read Also Richest Man in the Philippines
The Sy Brothers
Net worth: $7.8 billion
One of the greatest Philippine shopping mall operators is headed by Manuel Villar, who serves as President of Vista Mall (previously Starmalls).
In addition to running the company, he is the CEO of Vista Land & Landscapes, the biggest house construction company in the United States.
Enrique Razon, Jr.
Net Worth: $5.6 billion
Another one of the richest people in the Philippines is Enrique Razon Jr. ICTSI, the biggest port operator in the Philippines is led by President Enrique Razon, Jr.
Across Eastern Europe, Africa, and the Americas, the company operates a network of subsidiaries. His grandfather, Razon, started working at a port in Manila in 1916. After his father restored the company after World War II, Razon took the reins and expanded it.
Lance Gokongwei and siblings
Net Worth: $3.1 billion
The combined wealth of Lance Gokongwei’s siblings is $3.1 billion.
Lance Gokongwei ranks fourth, followed by his sisters and brothers, Robina, Lisa, Faith, Marcia, and Hope.
John Gokongwei Jr. left his riches to his children, the Gokongwei siblings. The majority of Lance and his siblings’ money comes from JG Summit, one of the biggest corporations in the nation.
The company works in many different fields, such as transportation, finance, telecommunications, and food and electricity delivery
The current CEO of JG Summit is Lance, while his elder sister Robina runs Robinson Retail.
The Aboitiz Family
Net Worth: $2.9 billion
The wealth of the Aboitiz family is estimated at $2.9 billion. Aboitiz Equity Ventures (AEV) is a Philippine conglomerate with businesses in energy, banking and financial services, food and beverage, infrastructure, real estate, and data.
It has been in business for many generations and has businesses in many different industries. He is among the richest people in the Philippines
Isidro Consunji and siblings
Net Worth: $2.65 billion
After their father, David Consunji, passed away, his children Isidro (shown), Josefa, Jorge, Luz, Maria Cristina, and Maria Edwina inherited the land.
Mr. Consunji launched the DMCI Holdings real estate development company in 1954, which has since been the family’s primary source of income.
Tony Tan Caktiong & family
Net Worth: $2.6 billion
The net worth of Tony Tan Caktiong and his family is $2.6 billion. Jollibee Foods, an Asian fast-food franchise, was founded and is led by Tony Tan Caktiong.
Today, the corporation runs over 5,900 outlets in the Philippines and many other countries.
This company is behind many well-known fast food and restaurant brands, like Jollibee and Highlands Coffee, as well as Pho 24, Burger King, Coffee Bean & Tea Leaf, and Tim Ho Wan.
Jaime Zobel de Ayala and family
Net Worth: $2.55 billion
Jaime Zobel de Ayala and his family’s assets total $2.55 billion. In 2006, Jaime retired from his role as Chairman of Ayala Group, which was thereafter assumed by his son, Jaime II.
The seven children, Jaime, now control more than a third of the company. The Ayala family of Manila got its start in the alcohol business and has since diversified into banking, real estate, hotels, hotels, telecom, and academia.
Ramon Ang Assets
Net Worth: $2.45 billion
Ramon Ang, who has a net worth of $2.45 billion, comes in at number nine.
One of the oldest and most successful corporations in the Philippines is led by Ang, who serves as both president and vice chairman of San Miguel.
San Miguel gets most of its money from the electricity and infrastructure industries.
Ang is also a big shareholder in Eagle Cement Corp., which is a group of companies that makes and sells cement under the brand names Advance Type 1P, Exceed Type 1P, and Strongcem Type 1.
Andrew Tan
Net Worth: $2.4 billion
Alliance Global is a diversified company with operations in the food and beverage, casino, and real estate industries, and Andrew Tan serves as its president.
Tan, the son of a factory worker, became wealthy via the construction of massive residential complexes in and around Manila.
Summary
Here is a recap of the top 10 richest people in the Philippines 2022
- The Sy Brothers’ [$12.6 Billion]
- Manuel Villar ($7.8 billion)
- Enrique Razon, Jr. ($5.6 billion)
- Lance Gokongwei and siblings ($3.1 billion)
- The Aboitiz Family ($2.9 billion)
- Isidro Consunji and siblings ($2.65 billion)
- Tony Tan Caktiong & family ($2.6 billion)
- Jaime Zobel de Ayala and family ($2.55 billion)
- Ramon Ang Assets ($2.45 billion)
- Andrew Tan ($2.4 billion)
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