Seven-year-old YouTube star Ryan and his toys | Photo courtesy to Ryan ToysReview via Forbes Uy founded Udenna which has interests in shipping, logistics, oil, real estate, education and gaming. “The Sy siblings best illustrate this shift,” Forbes said, citing as well the Ty siblings and Campos siblings.ĭavao-based tycoon Dennis Uy, meanwhile, debuted on Forbes’ list at 22 nd for his estimated fortune of $660 million. The global magazine said their passing created a new class of second-generation successors who secured a spot on this year’s list. The heirs of Unilab Pharmaceutical company – Jocelyn, Joselito and Jeffrey Campos – ranked 23 rd with a combined net worth of $650 million.įorbes noted that aside from Henry Sy, 4 other long-time members of the country’s richest passed away including Metrobank and GT Capital’s George Ty, Unilab’s Beatrice Campos, Gilberto Duavit of GMA Network and Jon Aboitiz of the Aboitiz Group. Other groups that made it to the list of the country’s richest are the children of builder David Consunji at 13 th spot, and the children of Mercury Drug founder Mariano Que at 18 th place.
chairman Tony Tan Caktiong, and San Miguel Corp.’s Ramon Ang.Ĭompleting the top ten in PH richest list are the children of the late Metrobank founder George Ty and Andrew Tan of Alliance Global which owns the McDonald’s franchise in the country. placed fourth, followed by Ayala Group’s Jaime Zobel de Ayala, LT Group founder and chairman Lucio Tan, Jollibee Food Corp. Villar followed with $6.6 billion, John Gokongwei, Jr., who owns Robinsons mall chains and budget carrier Cebu Pacific came third with $5.3 billion. He left his colossal fortune to his six children Teresita, Elizabeth, Henry Jr., Hans, Herbert and Harley. Sy held the top spot for 11 consecutive years until he passed away last January 19 at the age of 94. have emerged as the richest in the country in 2019, according to Forbes magazine.įorbes’ list of Philippines’ 50 Richest, which was released on Wednesday, showed the Sy heirs claiming the top spot with a combined net worth of $17.2 billion, displacing property magnate and former Senator Manny Villar to second. MANILA, Philippines – The children of the late SM Group founder Henry Sy Sr. Source: Teresita Sy-Coson, daughter of the late SM Group founder Henry Sr., speaks during a panel session on the first day of the World Economic Forum (WEF) on East Asia, in Jakarta, Indonesia, 20 April 2015. Here are the Top 10 Richest People in the Philippines (2018) and their net worth in dollars: Meanwhile, new names such as Jaime Zobel de Ayala (number 4) and Ramon Ang (number 8) made it to Forbe’s Top 10 Filipino billionaires list for 2018. and Tony Tan Caktiong maintained their spots at number 5 and 6, respectively.
John Gokongwei slipped to number 3 (from number 2) Īnd Andrew Tan to number 10 (from number 8).Įnrique Razon, Jr. Henry Sy remains the richest while Many Villar, who ranked 10 th last year, climbed high to the number 2 spot. Old names remain in the exclusive list but few new ones have made it to become the country’s billionaires this year. MANILA, Philipines – The popular American business magazine Forbes has released its Top 10 richest people in the Philippines for 2018.ĭespite the tough challenges in the country’s economy this year, these billionaires still managed to come out on top.
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