TOP 10

BILLONAIRES
Sy Siblings
•NET WORTH: $12.6 B or 684,085,500,000.00
•Source of Wealth: Diversified

•Their combined net worth is comprised largely of stakes held in the group's
publicly traded SM Investments and SM Prime.

•SM traces its roots to Henry Sr., who sold overrun shoes in 1958 at a store in
Manila he aptly called Shoemart.

•Today SM is one of Southeast Asia's largest conglomerates, with interests in

department stores, supermarkets, banks, hotels, real estate and mining.

While daily operations are now managed by outside professionals, the siblings sit
on the group's boards and guide SM's overall strategy
Manuel Villar
•NET WORTH: $9.1B or 494,061,750,000.00
•Source of Wealth: Real Estate

•Manuel Villar chairs property developer Vista Land & Lifescapes run by his son
Manuel Paulo. The company listed VistaREIT, a real estate investment trust, in
June 2022 with an initial portfolio of 10 shopping malls and two office towers.

•Villar's biggest asset is his stake in Golden MV Holdings (formerly Golden Bria),
a developer of mass housing projects and memorial parks.

•He also has three other listed entities including mall operator Vistamalls, home
improvement chain AllHome and supermarket chain AllDay Marts.

•His wife Cynthia and son Mark are senators in the Philippines, while daughter
Camille is a congressman representing their hometown Las Pinas in southern
Metro Manila.

Enrique Razon Jr.

•NET WORTH: $7.6B or 412,623,000,000.00
•Source of wealth: Logistics
•Enrique Razon Jr. chairs International Container Terminal Services (ICTSI),
the country's leading ports operator.

•Razon's grandfather started the business with a port in Manila in 1916,

which his father rebuilt after WWII. Razon grew the business globally. The
crown jewel of his hospitality firm Bloomberry Resorts is the Solaire Resort
and Casino in the Philippines.

Lance Gokongwei
•NET WORTH: $3.1B or 168,306,750,000.00
•Source of wealth: Diversified
•Lance runs JG Summit as its chief executive while his older sister Robina is
chief executive of Robinson Retail.

•Their portfolio also includes Universal Robina, one of the country's largest
F&B companies, started by their father as a cornstarch plant in 1957.

•In June 2021, Gokongwei acquired a minority stake in local pizza chain
Shakey's Pizza.

Aboitiz Family
•NET WORTH: $2.9B or 157,448,250,000.00
•Source of wealth: Diversified
•Five generations of the Aboitiz family have transformed Aboitiz Equity
Ventures (AEV) into one of the leading conglomerates in the Philippines with
interests in power, banking and financial services, food, infrastructure, land
and data.

•The family's privately-held holding company Aboitiz & Co. was founded by
Paulino Aboitiz, son of a Spanish farmer who migrated to the Philippines in
the late 1800s, as an abaca-trading and general-merchandise business.

•Former AEV president and CEO Erramon (pictured), brother to Enrique and
Sabin, is now a director. Fifth-generation member Ana Maria also sits on the
board.

Isidro Consunji
•NET WORTH: $2.65B or 143,875,125,000.00
•Source of wealth: Construction & Engineering
•Their wealth stems from DMCI Holdings, one of Philippines largest property
development companies, founded by the elder Consunji in 1954.

•The founder's eldest son, Isidro Consunji, is chairman and president of the
firm, which also has interests in mining, power generation and water services.

•Recovering from Covid impact, DMCI's revenue in 2021 jumped 60% to $2.1
billion and net profit more than doubled to $350 million.

Tony Tan Caktiong

•NET WORTH: $2.6B or 141,160,500,000.00
•Source of wealth: Food & Beverage
•Tony Tan Caktiong is the founder and chairman of Jollibee Food, one of the
world's fastest-growing Asian restaurant chains.

•Jollibee operates more than 3,200 eateries in the Philippines and over 2,600
stores overseas.

•With partner Edgar Sia II, Caktiong also owns a stake in developer
DoubleDragon Corporation.

Jaime Zobel de Ayala

•NET WORTH: $2.55B or 138,445,875,000.00
•Source of wealth: Diversified
•Jaime chaired his family's Ayala Group until retiring in 2006 when his son,
Jaime II, took over.

•Now Jaime's 7 children control more than one-third of the $3.9 billion
(revenue) conglomerate.

•His grandfather started with a distillery in Manila, then expanded the

business into banking, real estate, hotels, telecommunications and education.

Ramon Ang
•NET WORTH: $2.45B or 133,016,625,000.00
•Source of wealth: Food & Beverage
•Ramon Ang is the president and vice chairman of one of the nation's oldest
conglomerates, San Miguel.

•He also owns a substantial stake in Eagle Cement, which he took public in
2016. The company is increasing its capacity to 8.6 million metric tons.

•The company has invested $1 billion to build 31 battery energy storage

systems across the Philippines with 1,000 megawatts total capacity, slated to
come onstream by 2022 year end.

Andrew Tan
•NET WORTH: $2.4B or 130,302,000,000.00
•Source of wealth: Diversified
•Andrew Tan chairs Alliance Global, a holding company with interests in food
and beverage, gaming and real estate.

•The son of a factory worker, Tan built his fortune developing large apartment
complexes around Manila.

•Alliance Global runs Emperador, the world's largest brandy company by

sales volume.