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CEOWORLD magazine - Latest - Money and Wealth - The 50 Richest People in the Philippines, 2023 List

Money and Wealth

The 50 Richest People in the Philippines, 2023 List

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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

RankNameNet WorthSector
1Sy siblings$14,400 millionDiversified
2Manuel Villar$9,700 millionReal Estate
3Enrique Razon Jr.$8,100 millionLogistics
4Ramon Ang$3,400 millionFood & Beverage
5Tony Tan Caktiong & family$3,200 millionFood & Beverage
6Aboitiz family$3,150 millionDiversified
7Lance Gokongwei & siblings$3,000 millionDiversified
8Isidro Consunji & siblings$2,900 millionConstruction & Engineering
9Jaime Zobel de Ayala & family$2,800 millionDiversified
10Lucio Tan$2,600 millionDiversified
11Andrew Tan$2,800 millionDiversified
12Lucio & Susan Co$2,300 millionFashion & Retail
13Ty siblings$2,200 millionFinance & Investments
14Po family$1,400 millionFood & Beverage
15William Belo$1,300 millionFashion & Retail
16Vivian Que Azcona & siblings$1,200 millionFashion & Retail
17Soledad Oppen-Cojuangco & family$1,000 millionDiversified
18Inigo Zobel$990 millionDiversified
19Campos siblings$960 millionHealthcare
20Hartono Kweefanus & family$950 millionFood & Beverage
21Dennis Anthony & Maria Grace Uy$930 millionTelecom
22Gotianun family$850 millionDiversified
23Dean Lao & family$760 millionFood & Beverage
24Betty Ang$695 millionFood & Beverage
25Eusebio Tanco$605 millionDiversified
26Mariano Tan Jr.$550 millionHealthcare
27Manuel Zamora Jr.$500 millionMetals & Mining
28Luis Yu Jr.$495 millionReal Estate
29Henry Soesanto$455 millionFood & Beverage
30Yap family$445 millionFinance & Investments
31Dennis Uy$440 millionDiversified
32Jacinto Ng$425 millionFood & Beverage
33Yuchengco family$420 millionDiversified
34Menardo Jimenez$390 millionMedia & Entertainment
35Carlos Chan$380 millionFood & Beverage
36Felipe Gozon$355 millionMedia & Entertainment
37Gilberto Duavit Jr.$350 millionMedia & Entertainment
38Robert Coyiuto Jr.$345 millionEnergy
39Edgar Sia II$330 millionFood & Beverage
40Sylvia C. Wenceslao$325 millionReal Estate
41Jose Antonio$305 millionReal Estate
42Federico Lopez & family$300 millionMedia & Entertainment
43Alfredo Yao$295 millionFood & Beverage
44Tomas Alcantara$275 millionDiversified
45Wilfred Steven Uytengsu Jr.$230 millionFood & Beverage
46Philip Ang$225 millionMetals & Mining
47Frederick Dy$220 millionFinance & Investments
48Mariano Martinez Jr.$205 millionReal Estate
49Keng Sun and Peter Mar & family$200 millionFood & Beverage
50Benedicto & Teresita Yujuico$180 millionReal Estate

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CEOWORLD magazine - Latest - Money and Wealth - The 50 Richest People in the Philippines, 2023 List
Alexandra Dimitropoulou

Alexandra Dimitropoulou

VP and News Editor
Alexandra Dimitropoulou is a VP and News Editor at CEOWORLD magazine, working to build and strengthen the brand’s popular, consumer-friendly content. In addition to running the company’s website, CEOWORLD magazine, which aims to help CEOs, CFOs, CIOs, and other C-level executives get smarter about how they earn, save and spend their money, she also sits on the Board of Directors of the Global Business Policy Institute. She can be reached on email You can follow her on Twitter at @ceoworld.