LIST: Forbes reveals 50 richest Filipinos in 2026
Forbes has released its 2026 list of the Philippines’ 50 richest people, revealing a year of major shifts among the country’s wealthiest tycoons.
The collective fortune of the Philippines’ richest fell to $79 billion (P4.8 trillion) this year from $86 billion (P5.2 trillion) in 2025 due to energy shock from the Iran conflict.
Despite the overall drop, several billionaires managed to grow their fortunes. Ports billionaire Enrique Razon Jr. emerged as the biggest winner, claiming the top spot for the first time with a record net worth of $21.8 billion (P1.3 trillion), boosted by the global expansion of his company International Container Terminal Services.
Meanwhile, the Sy siblings of the SM Group slipped to second place after their fortune declined to $9.2 billion (P559 billion), while San Miguel chairman and CEO Ramon Ang moved up to the third spot despite a slight dip in his net worth at $3.5 billion (P212 billion).
Forbes noted that only 14 of this year’s listees became wealthier compared to last year, while the fortunes of 33 others declined.
Here are the top 10 tycoons who made it to Forbes' 2026 list, along with their respective net worths and interests.
1. Enrique Razon Jr.
Net worth: $21.8 billion (P1.3 trillion)
Source of wealth: ports operator International Container Terminal Services, Solaire Resort and Casino, Ayala Corp., Manila Water, offshore gas fields in the West Philippine Sea
2. Sy siblings
Net worth: $9.2 billion (P559 billion)
Source of wealth: SM Group, whose interests include department stores, supermarkets, banks, hotels, real estate, and mining
3. Ramon Ang
Net worth: $3.5 billion (P212 billion)
Source of wealth: food and beverage conglomerate San Miguel Corporation, power and infrastructure
4. Lucio and Susan Co
Net worth: $3.3 billion (P200 billion)
Source of wealth: hypermarket and supermarket chain Puregold
5. Isidro Consunji and siblings
Net worth: $3 billion (P182 billion)
Source of wealth: property developer DMCI Holdings, construction materials giant Cemex, Semirara Mining and Power, power generation, water services
6. Lucio Tan
Net worth: $2.9 billion (P176 billion)
Source of wealth: LT Group, whose subsidiaries include Asia Brewery, Philippine Airlines, Philippine National Bank
7. Jaime Zobel de Ayala and family
Net worth: $2.8 billion (P170 billion)
Source of wealth: property developer Ayala Land, energy firm ACEN, distillery, banking, real estate, hotel, telecommunications, education
8. Que Azcona family
Net worth: $2.5 billion (P151 billion)
Source of wealth: drugstore chain Mercury Drug
9. Manny Villar
Net worth: $2.4 billion (P145 billion)
Source of wealth: property developer Vista Land & Lifescapes, real estate investment trust VistaREIT, developer Golden MV Holdings, mall operator Vistamalls, supermarket chain AllDay Marts
10. Ty siblings
Net worth: $2.3 billion (P139 billion)
Source of wealth: Metrobank, GT Capital, whose interests are in banking, auto, property development, power generation and insurance
The list was compiled using shareholding and financial information obtained from the families and individuals as well as stock exchanges, analysts and other sources. Net worths are based on stock prices and exchange rates as of the close of markets on July 17.
Other notable names include the Aboitiz family, Lance Gokongwei and siblings, Alliance Global chairman Andrew Tan, Converge ICT Solution co-founders Dennis Anthony and Maria Grace Uy, Wilcon Depot's William Belo, and GMA Network chairman Felipe Gozon, among others.
Check the rest of the country's 50 richest list here.
