Forbes magazine has just released its list of top 50 richest people in the Philippines.
Mall tycoon Henry Sy is still undisputed for the 6th straight year, with a $12 billion net worth - an increase of $2.9 billion from a year ago.
I'd like to point out that the numbers is in US Dollars! To put this in perspective $12 Billion is roughly PHP 516 Billion.. Damn! Let's stop and reflect for while. LOL!
So what do you think these guys have in common? =)
Here's the Forbes list of the richest people with their estimated net worth:
1) Henry Sy; US$12 billion
2) Lucio Tan; $7.5 billion
3) Andrew Tan; $4.6 billion
4) Enrique Razon Jr.; $4.5 billion
5) John Gokongwei Jr.; $3.4 billion
6) Jaime Zobel de Ayala; $3.1 billion
7) Aboitiz Family; $3 billion
8) David Consunji; $2.7 billion
9) George Ty; $2.6 billion
10) Lucio & Susan Co; $1.9 billion
11) Tony Tan Caktiong & Family; $1.7 billion
12) Robert Coyiuto Jr; $1.5 billion
13) Emilio Yap; $1.35 billion
14) Roberto Ongpin; $1.3 billion
15) Inigo & Mercedes Zobel; $1.2 billion
16) Manuel Villar; $1.05 billion
17) Andrew Gotianun; $1 billion
18) Beatrice Campos & family; $900 million
19) Vivian Que Azcona & family; $840 million
20) Eduardo Cojuangco; $825 million
21) Alfonso Yuchengco & family; $705 million
22) Oscar Lopez & family; $675 million
23) Betty Ang; $600 million
24) Jorge Araneta; $505 million
25) Carlos Chan; $500 million
26) Michael Romero; $490 million
27) Eric Recto; $485 million
28) Mariano Tan Jr.; $435 million
29) Frederick Dy; $290 million
30) Walter Brown; $270 million
31) Ramon Ang; $260 million
32) Jose Antonio; $255 million
33) Wilfred Steven Uytengsu Jr. & family; $250 million
34) Manuel Zamora; $240 million
35) Jacinto Ng; $230 million
36) Alfredo Ramos & family; $225 million
37) Gilberto Duavit & family; $224 million
38) Menardo Jimenez; $223 million
39) Edgar Sia; $210 million
40) Bienvenido Tantoco Sr. & family; $205 million
41) Felipe Gozon & family; $200 million
42) Alfredo Yao; $180 million
43) Michael Cosiquien; $175 million
44) Edgar Saavedra; $170 million
45) Juliet Romualdze; $165 million
46) Tomas Alcantara & family; $160 million
47) Lourdes Montinola & family; $155 million
48) Luis Virata; $120 million
49) Philip Ang; $115 million
50) Manuel V. Pangilinan; $105 million
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