A total of eleven (11) Filipino billionaires were included in the elite list of Forbes magazine’s latest list of richest persons in the world for the year 2015. Henry Sy of the SM Group dominated the list of Filipino billionaires with a net worth $14.2 billion and ranked at No. 73 worldwide.
A total of eleven (11) Filipino billionaires were included in the elite list of Forbes magazine’s latest list of richest persons in the world for the year 2015. Henry Sy of the SM Group dominated the list of Filipino billionaires with a net worth $14.2 billion and ranked at No. 73 worldwide.
According to Forbes Magazine, the net worth of business tycoon Henry Sy has increased by 10 digits because of the continued growth of SM Investments Corp., the Philippines largest retailer with over 200 individual outlets around the country. The conglomerates has interests in real estate development, shopping malls and banking.
The second-richest Filipino is the founder of JG Summit Holdings, John Gokongwei Jr., who has a net worth of $5.8 billion. John Gokongwei ranks 254th richest person in the world with his business in airlines, telecoms, property development, banking, hotels and the power sector.
Making it to the Top 3 richest Filipino is the chairman and chief executive officer (CEO) of International Container Terminal Services (ICTSI), Enrique Razon Jr., with a net worth of $5.2 billion and ranks 291st in the world.
Here’s the Complete List of the Richest Filipinos in the list of World’s Billionaires:
1. Henry Sy – $14.2 Billion (SM Investments)
2. John Gokongwei Jr. – $5.8 Billion (JG Summit Holdings)
3. Enrique Razon Jr. – $5.2 Billion (ICTSI)
4. Andrew Tan – $3.8 Billion (Megaworld)
5. Lucio Tan – $4.4 Billion (Tanduay & Asia Brewery)
6. George Ty – $4.4 Billion (GT Capital)
7. David Consunji – $4.1 Billion (DMCI)
8. Tony Tan Caktiong – $2.7 Billion (Jollibee)
9. Lucio & Susan Co – $2.3 Billion (PureGold)
10. Robert Coyiuto Jr. – $1.8 Billion (Prudential)
11. Manny Villar – $1.6 Billion (Vista Land)
Meanwhile, the world’s richest billionaire’s list is still dominated by Microsoft Founder Bill Gates, who has a current net worth of $79.2 billion while telecom mogul Carlos Slim Helu ranked as the second richest person with $77.1 billion.
Wrapping up the top five richest billionaires in the world are Warren Buffett ($72.7 billion), Zara’s Amancio Ortega ($500 million), and Oracle’s Larry Ellison ($54.3 billion).
According to Forbes, 1,826 billionaires made the list, higher than the 1,645 billionaires in 2014 and a record 290 billionaires were added to the list this year.