Top 10 Richest Man and their Business in the Philippines

Top 10 Richest Man and their Business in the Philippines

Here is a list of the Top 10 richest Filipino that have assets valued at $73.895 billion - $ 2 billion or 102 billion when converted to Philippine mo

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Here is a list of the Top 10 richest Filipino that have assets valued at $73.895 billion – $ 2 billion or 102 billion when converted to Philippine money. Not all of them were born with a silver mouth, others really worked hard to pave the way to richness.

# 10 Andrew Tan

The Chinese-Filipino billionaire has business interests in real estate, beverage and fast food. He is the chairman of industrial conglomerate Alliance Global Group, Inc. He is also the chairman and CEO of real estate developer Megaworld Corp., a non-executive chairman of Emperador Inc., and Chairman of Property Developer of Empire East Land Holding Inc.

Andrew Tan and his business

#9 Ty Siblings

The Ty siblings (Arthur, Alfred, Alesandra and Anjanette) are children of the late banking tycoon, George Ty, who founded Metrobank in 1963. The elder Ty later formed GT Capital, now one of the Philippines biggest conglomerates with interests in banking, auto, property development, power generation and insurance.

Ty siblings business

#8 Ramon S. Ang

The Chinese-Filipino business man is the President and Chief Executive Officer of Top Frontier Investment Holdings Inc., the largest shareholder of the conglomerate San Miguel Corp. He is also the Chairman of Cyber Bay Corp. and Eagle Cement Corp. San Miguel, originally a brewer, is now a leader in food and beverages but the bulk of its revenue comes from power and infrastructure businesses.

Ramon Ang’s business

#7 Tony Tan Caktiong

Caktiong is the founder and chairman of Jollibee Foods Corp and co-chairs DoubleDragon Properties. Tan founded Jollibee in 1978, after having started it as an ice cream parlor in 1975. He expanded and acquired Greenwich Pizza Corporation. As of August 2008, Tan’s Jollibee has a total of 1,480 stores worldwide including Jollibee, Red Ribbon, Chowking, Greenwich, Manong Pepe’s and Mang Inasal. Tan, through his holding company, Honeystar Holdings Corp, invested in Injap Land Corp, founded by edgar Sia II, renamed DoubleDragon Properties.

Tony Tan Caktiong’s business

#6 Lucio Tan

Lucio C. Tan Sr., is a Chinese-Filipino businessman.  He is also an educator and has interests in banking, airline, beverages, tobacco and real estate. Tan took up chemical engineering in Far Eastern University, where he mopped floors to put himself through college. He first established Asia Brewery in 1982.

Lucio Tan’s business

#5 Jaime Zobel de Ayala

Jaime chaired his family’s Ayala Group until retiring in 2006 when his son, Jaime II (right), took over. Now, Jaime’s 7 children control more than one-third of the $3.7 billion conglomerate. It was Jaime’s grandfather started with distillery in Manila, then expanded the business into banking, real estate, hotels, telecoms and education.

Jaime Zobel De Ayala’s business

#4 Enrique Razon

Enrique Razon is the fourth-richest Filipino on the Forbes’ billionaires list. As of 2016, his net worth was $3.4 billion, slightly down from $3.5 billion in August 2016. Razon heads the International Container Terminal Services, the largest operator of ports in the Philippines, with subsidiaries listed in eastern Europe, Africa and the America.

Enrique Razon’s business

#3 John Gokongwei

John Gokongwei Jr. died in November 2019 after building a business empire that includes Cebu Pacific, Robinson Retail Holdings, the Philippines’ second-largest multi-format retailer and Universal Robina Corp, one of the Philippines largest food and beverages companies. His children have taken charge of running different parts of the business group.

John Gokongwei’s business

#2 Manuel Villar

Manuel Villar is a Filipino billionaire and businessman. He has been a Philippine Senator and the president of the Nacionalista Party. Villar was born to a middle class family in Tondo, an impoverished and densely-populated district of Manila. Villar is the chairman of Starmalls, one of the Philippines largest mall operators, and Vista & Landscapes, the country’s largest homebuilder.

Manny Villar’s business

#1 Sy Siblings

Teresita, Elizabeth, Henry Jr., Hans, Herbert, and Harley are heirs of Henry Sr, the father of Philippine retail who built a giant conglomerate that now owns a host of shopping malls, banks hotels and residential. The family’s total fortunes in 2017 was $12.7 billion, slightly down from $13.7 billion in 2016 but up from $9.1 billion in 2012.

Sy siblings business