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The Sy siblings who control retail and property giant SM Group continued to be the Philippines’ wealthiest family with a $13-billion net worth, based on Forbes Asia ’s latest Philippines’ 50 Richest list for 2024.Ports and casino magnate Enrique Razon Jr., meanwhile, has been ranked as the country’s richest man with $11.1 billion, according to the list.Although the six Sy siblings — Teresita, Elizabeth, Henry Jr.
Manuel Villar, who has been consistently ranked as the Philippines’ richest man, slipped to third place even as he grew his net worth by $1.2 billion to $10.9 billion, capitalizing on his mass-housing and memorial park businesses.Below is a list of the country’s 50 richest: According to Forbes, the collective wealth of the country’s 50 richest stood at $80.8 billion, slightly higher than the $80.
Forbes Asia Philippines 50 Richest Forbes List
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