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Here are the Filipinos who made it to Forbes' 2023 billionaires list

By NICK GARCIA Published Apr 05, 2023 3:51 pm

Forbes has released its annual billionaires list as falling stocks, wounded unicorns and rising interest rates, the magazine said, translated into a down year for the world's wealthiest people.

According to Forbes' list comprising 2,660 individuals, Bernard Arnault of luxury goods conglomerate LVMH topped the list with $211 billion (P11.4 trillion). Tesla's Elon Musk and Amazon's Jeff Bezos followed with $180 billion (P9.7 trillion) and $114 billion (P6.2 trillion), respectively.

Fourteen Filipinos were also among the most affluent ones who made it to the billionaires list. Here are their names, their net worths, and their business interests.

Manny Villar
Manny Villar

Networth: $8.6 billion (P467 billion)

Rank: 232

Source: property developer Vista Land & Lifescapes, real estate investment trust VistaREIT, developer Golden MV Holdings, mall operator Vistamalls, supermarket chain AllDay Marts

Forbes also noted that his family members are politicians: His wife Cynthia and their son Mark are senators, while their daughter Camille is a congresswoman from their hometown Las Piñas. Villar is a former congressman, house speaker, and Senate president.

Enrique Razon Jr.
Enrique Razon Jr.

Networth: $7.3 billion (P397 billion)

Rank: 312

Source: ports operator International Container Terminal Services, Solaire Resort and Casino, water utilities and renewable energy company Prime Infrastructure Capital

Ramon Ang
Ramon Ang

Networth: $3.4 billion (P184 billion)

Rank: 852

Source: food and beverage conglomerate San Miguel Corporation, power and infrastructure

Andrew Tan
Andrew Tan

Networth: $2.5 billion (P136 billion)

Rank: 1,217

Source: food and beverage, gaming, and real estate conglomerate Alliance Global

Sy silbings
From upper left: Henry Jr., Hans, Herbert, Harley, Teresita, Elizabeth

The heirs of the late SM Supermalls head Henry Sy made it to the Forbes list with the following rankings and net worths:

  • Henry Sy Jr. – 1,217th, $2.5 billion (P136 billion)
  • Hans Sy, Herbert Sy – 1,272th, $2.4 billion (P130 billion)
  • Harley Sy, Teresita Sy-Coson – 1,368th, $2.2 billion (P119 billion)
  • Elizabeth Sy – 1,575th, $1.9 billion (P103 billion)
Lucio Tan
Lucio Tan

Networth: $2.4 billion (P130 billion)

Rank: 1,272

Source: LT Group, whose subsidiaries include Asia Brewery, Philippine Airlines, Philippine National Bank

Lance Gokongwei
Lance Gokongwei

Networth: $1.4 billion (P76 billion)

Rank: 2,020

Source: JG Summit Holdings Inc., whose interests include food, real estate and hospitality, air transportation, banking, and petrochemicals

Tony Tan Caktiong
Tony Tan Caktiong

Networth: $1.2 billion (P65 billion)

Rank: 2,259

Source: Jollibee Foods Corp., whose brands also include Chowking, Greenwich, Red Ribbon, Mang Inasal, Burger King, Dunkin’, and The Coffee Bean & Tea Leaf

Iñigo Zobel
Iñigo Zobel

Networth: $1 billion (P54 billion)

Rank: 2,540

Source: San Miguel Corp., Ayala Corporation, which has interests in real estate, finance, telecom, and healthcare.

Forbes said it calculated net worths based on stock prices and exchange rates from March 10.