Top Richest Person in the Philippines



According to the Forbes SM tycoon Henry Sy is the top richest person of this year among all the list of 40 richiest people in the Philippines, which includes the head honchos of some of the largest companies in the country.
Sy had an impressive net worth of $9.1 billion, while Lucio Tan is at a rather far second with a net worth of $4.5 billion.
Notables include port entrepreneur Enrique Razon Jr., Senator Manuel Villar, and others.

Shares of (Sy's) holding firm SM Investments, the country's most valuable company, surged by over 50 percent, fuelled by reports that it may merge its property units," Forbes said in the report released late Monday.

Tobacco and alcohol king Lucio Tan, meanwhile, saw his numbers increase by $500 million from last year, keeping him as the country's second richest and Forbes' 248th billionaire.

Port investor Enrique Razon, Jr., the third wealthiest Filipino, also earned $1.3 billion over a nine-month period, having recently taken the Solaire Resort and Casino at Manila Bay as his newest venture. This made him the 258th billionaire in Forbes' list.

By the I just Listed the top 10 Richiest Person here in the Philippines:

Henry Sy and family - $13.2 billion (68th overall)
Lucio Tan and family - $5 billion (248th overall)
Enrique Razon, Jr. - $4.9 billion (258th overall)
Andrew Tan - $3.95 billion (345th overall)
David Consunji and family - $2.8 billion (503rd overall)
George Ty and family - $2.6 billion (554th overall)
Lucio and Susan Co - $2 billion (736th overall)
Robert Coyiuto, Jr. - $1.6 billion (931st overall)
Tony Tan Caktiong and family - $1.4 billion (1031st overall)
Andrew Gotianun and family - $1.2 billion (1175th overall)
Roberto Ongpin - $1.2 billion (1175th overall)

Fortunes of the country's wealthiest individuals also generally grew in less than one year from as little as $200 million to as much as $4.1 billion.

Mexican telecom tycoon Carlos Slim Helu worth $73 billion, meanwhile, topped the world's richest individuals for the fourth year in a row, followed by Microsoft founder Bill Gates and Spain's Amancio Ortega of clothing brand Zara with $67 billion and $57 billion net worths, respectively.

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