The combined fortunes of the 50 richest individuals and families in the Philippines rose 6 percent to a new high of $86 billion in 2025 amid robust domestic demand and increase in infrastructure investments, according to Forbes Asia magazine.
The Sy siblings, heirs to the late Henry Sy Sr. and leaders of the SM Group, remain firmly at the top of the list even as their fortune went down by $1.2 billion to $11.8 billion.
Ports and casino tycoon Enrique Razon Jr. was at the second sport with a net worth of $11.5 billion, driven by continued aggressive expansion of International Container Terminal Services Inc.
Real estate tycoon Manuel Villar also retained his post as the third richest with fortune at $11 billion, thanks to the increase in land values of properties owned real estate subsidiaries.
San Miguel Corp. president Ramon Ang came in at fourth with $3.75 billion and Consunji siblings at fifth place with $3.7 billion.
Rounding up the top 10 are Que Azcona and family ($3.6 billion), Jaime Zobel de Ayala and family ($3.4 billion), Lucio Tan ($3.2 billion), Lucio and Susan Co ($3 billion) and Tony Tan Caktiong ($2.9 billion).
