2023 Forbes list: Sy siblings wealthiest in PH | Inquirer

2023 Forbes list: Sy siblings wealthiest in PH

/ 07:26 PM August 10, 2023

forbes 2023 list richest in Philippines Sy siblings

MANILA, Philippines – The same individuals made it to the 2023 wealthiest Filipinos list which was released on Thursday. 

Headlining the list are the who have a net worth of US$14.4 billion, followed by former senator and real estate tycoon with a net worth of US$9.7 billion and ports development / logistics magnate Enrique Razon Jr at with a net worth of US$8.1 billion.

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While the list remained unchanged from 2022, San Miguel Corp. president Ramon S. Ang climbed  from ninth to fourth (US$3.4 billion) while Tony Tan Caktiong of Jollibee Foods Corp. rose from seventh to fifth (US$3.2 billion.) 

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The Aboitiz family is sixth on the list (US$3.15 billion), followed by Lance Gokongwei and siblings (US$3 billion), Isidro Consunji and siblings (US$2.9 billion), Jaime Zobel de Ayala (US$2.8 billion) and Lucio Tan (US$2.6 billion).

Fifty Philippine billionaires made it to this year’s list

The combined wealth of the local billionaires in this year’s list is US$80 billion, up from US$72 billion last year, or an 11 percent increase.

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TAGS: Forbes, Razon, SM Group, Villar

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