Forbes declares property tycoon Manny Villar as one of the country’s richest
Sep 18, 2020
Sy siblings took the biggest hit in dollar terms but remain at No. 1 with $13.9 billion.
Property tycoon and Cynthia’s husband Manuel Villar suffered a $1.6 billion drop in his net worth to $5 billion but held on to his rank as the country’s second-richest.
Based on the latest Forbes list, the top 10 richest in the Philippines are:
1) Sy siblings; $13.9 billion
2) Manuel Villar; $5 billion
3) Enrique Razon Jr.; $4.3 billion
4) Lance Gokongwei & siblings; $4.1 billion
5) Jaime Zobel de Ayala; $3.6 billion
6) Andrew Tan; $2.3 billion
7) Lucio Tan; $2.2 billion
8) Ramon Ang; $2 billion
9) Tony Tan Caktiong; $1.9 billion
10) Lucio & Susan Co; $1.7 billion
