Led by the top three: the Sy siblings, along with Manuel Villar and Enrique Razon Jr, the wealthiest individuals in the Philippines, saw an increase in their combined wealth this year, rising by 11% to $80 billion from $72 billion last year, as reported by the most recent CEOWORLD magazine report of the 50 richest people in the country.
The Sy siblings, who inherited the SM Group, maintained their position at the top of the list by adding $1.8 billion to their net worth, bringing their total to $14.4 billion. Property mogul Manuel Villar came in a distant second with $9.7 billion, a $1.9 billion increase from the previous year. Enrique Razon Jr. was recognized as the “biggest dollar gainer” with a $2.5 billion increase, bringing his total to $8.1 billion and securing the third spot.
The 50 Richest People in the Philippines, 2023 List
| Rank | Name | Net Worth | Sector |
|---|---|---|---|
| 1 | Sy siblings | $14,400 million | Diversified |
| 2 | Manuel Villar | $9,700 million | Real Estate |
| 3 | Enrique Razon Jr. | $8,100 million | Logistics |
| 4 | Ramon Ang | $3,400 million | Food & Beverage |
| 5 | Tony Tan Caktiong & family | $3,200 million | Food & Beverage |
| 6 | Aboitiz family | $3,150 million | Diversified |
| 7 | Lance Gokongwei & siblings | $3,000 million | Diversified |
| 8 | Isidro Consunji & siblings | $2,900 million | Construction & Engineering |
| 9 | Jaime Zobel de Ayala & family | $2,800 million | Diversified |
| 10 | Lucio Tan | $2,600 million | Diversified |
| 11 | Andrew Tan | $2,800 million | Diversified |
| 12 | Lucio & Susan Co | $2,300 million | Fashion & Retail |
| 13 | Ty siblings | $2,200 million | Finance & Investments |
| 14 | Po family | $1,400 million | Food & Beverage |
| 15 | William Belo | $1,300 million | Fashion & Retail |
| 16 | Vivian Que Azcona & siblings | $1,200 million | Fashion & Retail |
| 17 | Soledad Oppen-Cojuangco & family | $1,000 million | Diversified |
| 18 | Inigo Zobel | $990 million | Diversified |
| 19 | Campos siblings | $960 million | Healthcare |
| 20 | Hartono Kweefanus & family | $950 million | Food & Beverage |
| 21 | Dennis Anthony & Maria Grace Uy | $930 million | Telecom |
| 22 | Gotianun family | $850 million | Diversified |
| 23 | Dean Lao & family | $760 million | Food & Beverage |
| 24 | Betty Ang | $695 million | Food & Beverage |
| 25 | Eusebio Tanco | $605 million | Diversified |
| 26 | Mariano Tan Jr. | $550 million | Healthcare |
| 27 | Manuel Zamora Jr. | $500 million | Metals & Mining |
| 28 | Luis Yu Jr. | $495 million | Real Estate |
| 29 | Henry Soesanto | $455 million | Food & Beverage |
| 30 | Yap family | $445 million | Finance & Investments |
| 31 | Dennis Uy | $440 million | Diversified |
| 32 | Jacinto Ng | $425 million | Food & Beverage |
| 33 | Yuchengco family | $420 million | Diversified |
| 34 | Menardo Jimenez | $390 million | Media & Entertainment |
| 35 | Carlos Chan | $380 million | Food & Beverage |
| 36 | Felipe Gozon | $355 million | Media & Entertainment |
| 37 | Gilberto Duavit Jr. | $350 million | Media & Entertainment |
| 38 | Robert Coyiuto Jr. | $345 million | Energy |
| 39 | Edgar Sia II | $330 million | Food & Beverage |
| 40 | Sylvia C. Wenceslao | $325 million | Real Estate |
| 41 | Jose Antonio | $305 million | Real Estate |
| 42 | Federico Lopez & family | $300 million | Media & Entertainment |
| 43 | Alfredo Yao | $295 million | Food & Beverage |
| 44 | Tomas Alcantara | $275 million | Diversified |
| 45 | Wilfred Steven Uytengsu Jr. | $230 million | Food & Beverage |
| 46 | Philip Ang | $225 million | Metals & Mining |
| 47 | Frederick Dy | $220 million | Finance & Investments |
| 48 | Mariano Martinez Jr. | $205 million | Real Estate |
| 49 | Keng Sun and Peter Mar & family | $200 million | Food & Beverage |
| 50 | Benedicto & Teresita Yujuico | $180 million | Real Estate |
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