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2017 Philippines Top 50 Richest

The top 50 richest people in Philippines in 2017 have a combined estimated net worth of more than $73.91 billion, in the Forbes report released in 2018.

Henry Sy, who owns SM Investments (Philippines largest conglomerate), top the list with an estimated net worth of $18 billion. John Gokongwei, Jr. who owns JG Summit (Philippines conglomerate) is 2nd on the list with $5.5 billion. Enrique Razon, Chairman and CEO of International Container Terminal Services (Philippines’ largest port operator), is 3rd on the list with $4.3 billion.

Lucio Tan, the Chairman and CEO of LT Group (Philippines’ conglomerate) and Jaime Zobel de Ayala, the Chairman emeritus of Ayala Corporation (Philippines’ oldest conglomerate), rounded up the top 5 richest people in Philippines with $4.2 billion and $3.7 billion respectively.


Top 5 Richest in Philippines:

RankNameNet Worth (USD)AgeSourceCompany
1Henry Sy$18 B93diversifiedSM Investments
2John Gokongwei, Jr.$5.5 B91food and beverageJG Summit
3Enrique Razon, Jr.$4.3 B58portsInternational Container Terminal Services
4Lucio Tan$4.2 B83diversifiedLT Group
5Jaime Zobel de Ayala$3.7 B83diversifiedAyala Corporation


Philippines’ Richest Fast Facts:

The Richest: Henry Sy with $18 Billion (SM Investments, Philippines largest conglomerate)

Singapore Early Development
Singapore Early Development

Top 50 Total Net Worth: $73.91 Billion

The Average Age: 71.5 Years Old

The Oldest Age: 97 Years Old ($190 Million, Bienvenido Tantoco, Sr., Rustan’s Group – the second largest retailer in the Philippines)

The Youngest Age: 41 Years Old ($820 Million, Ciliandra Fangiono, Mang Inasal – one of the largest fast food restaurant chains in the Philippines)


2017 Philippines Top 50 Richest:

RankNameNet worth (USD)AgeSourceCompany
1Henry Sy$18 B93diversifiedSM Investments
2John Gokongwei, Jr.$5.5 B91food and beverageJG Summit
3Enrique Razon, Jr.$4.3 B58portsInternational Container Terminal Services
4Lucio Tan$4.2 B83diversifiedLT Group
5Jaime Zobel de Ayala$3.7 B83diversifiedAyala Corporation
6David Consunji$3.68 B96constructionDMCI
7George Ty$3.6 B85bankingGT Capital Holdings, Metrobank
8Tony Tan Caktiong$3.4 B65foodJollibee Foods Corporation
9Andrew Tan$2.5 B65diversifiedAlliance Global
10Ramon Ang$2.3 B64DiversifiedSan Miguel Corporation, Top Frontier Investment Holdings
11Lucio and Susan Co$1.8 B63retailPuregold Price Club
12Manuel Villar$1.65 B68real estateStarmalls, Vista & Landscapes
13Inigo & Mercedes Zobel$1.6 B62DiversifiedAyala Corporation
14Robert Coyiuto, Jr.$1.5 B65powerPrudential Guarantee & Assuance
15Mercedes Gotianun$1.4 B90real estateFilinvest Development
16Roberto Ongpin$1.15 B81diversifiedAlphaland
17Eduardo Cojuangco$1.1 B83food, drinksSan Miguel Corporation
18Dean Lao$1 B59food ingredientsD&L Industries
19Ricardo Po, Sr.$980 M87canned foodCentury Pacific
20Betty Ang$880 Mfood and beverageMonde Nissin
21Edgar Sia$820 M41fast foodDoubleDragon Properties, Mang Inasal
22Oscar Lopez$760 M88MediaLopez Holdings, ABS-CBN Corp.
23Beatrice Campos$650 MPharmaUnited Laboratories (Unilab)
24Carlos Chan$620 M77FoodsOishi
25Alfredo Yao$600 M74soft drinksZest-O Corporation, Macay Holdings
26Frederick Dy$520 M63BankingSecurity Bank
27Jacinto Ng$420 M75DiversifiedRepublic Biscuit Corp. (REBISCO), Asia United Bank
28Jose & Robbie Antonio$400 Mreal estateCentury Properties, Revolution Prefabricated
29Michael Cosiquien$385 M44ConstructionMegawide Construction
30Jorge Araneta$380 MReal EstateAraneta Group of Companies
31Edgar Saavedra$375 M42ConstructionMegawide Construction
32Mariano Tan, Jr.$370 M56PharmaceuticalsUnited Laboratories (Unilab)
33Jon & Mikel Aboitiz$350 M62diversifiedAboitiz Equity Ventures
34Manuel Zamora$280 M79miningNickel Asia
35Wilfred Steven Uytengsu, Jr.$240 M56MilkAlaska Milk
36Vivian Que Azcona$230 MdrugstoresMercury Drugs
37Eric Recto$225 M55DevelopmentBerdforbury Development
38Jose Ma Concepcion$220 Mair-conditioningConcepcion Industrial
39Bienvenido Tantoco, Sr.$190 M97RetailingRustan’s Group
40P.J. Lhuillier$180 Mpawn shopsCebuana Lhuiller
41Felipe Gozon$170 M78mediaGMA Network
42Menardo Jimenez$165 M85mediaGMA Network
43Walter Brown$160 M79MiningA Brown Company
44Gilberto Duavit$155 M83MediaGMA Network
45Eusebio Tanco$150 M68educationTanco Group
46Juliette Romualdez$145 M82BankingBanco de Oro
47Michael Romero$135 M45portsHarbour Centre Port Terminal
48Erramon Aboitiz$130 M62diversifiedAboitiz & Company, Aboitiz Equity Ventures
49Luis Virata$125 M64miningNickel Asia
50Philip Ang$120 M77miningNickel Asia


*Data 23th August 2017

Source: Caproasia Institute, Forbes


2017 Rich List – Southeast Asia

2017 Rich List – North Asia

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