Philippines’ Richest according to Forbes

Friday, July 09, 2010

Forbes Magazine’s survey results on the 40 richest Filipinos for 2010 already came out and Henry Sy Sr. keeps the top spot (the the third year in a row) with net worth at $5 billion USD. His net worth actually increased from $3.8 billion last year. His wealth is said to have been fueled by the success of SM shopping malls. In the world, the mall mogul ranks 201st.

The Top Ten according to Forbes:

  1. Henry Sy, Sr. (SM)- $5 billion
  2. Lucio Tan (PAL, PNB, Asia Brewery, etc) - $2.1 billion
  3. John Gokongwei Jr. (JG Summit Holdings, Cebu Pacific, etc) - $1.5 billion
  4. Jaime Zobel de Ayala (Ayala Corp.) - $1.4 billion
  5. Andrew Tan (Alliance Global Group, Resort World Manila) - $1.2 billion
  6. Tony Tan Caktiong (Jollibee) - $980 million
  7. Enrique Razon Jr. (International Container Terminal Services) - $975 million
  8. Beatrice Campos (Unilab) - $840 million
  9. George Ty (Metrobank)- $805 million
  10. Eduard Cojuangco Jr. (San Miguel Corp) - $760 million

See the rest of the list here.