2023 Forbes list: Sy siblings wealthiest in PH
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.
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.)
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.