List of Richest Filipinos 2018 (Billionaires in the Philippines)

Forbes Magazine recently released the 2018 List of the World’s Billionaires, and included there are 12 Filipino billionaires which ultimately represent the 12 richest people in the Philippines.

Topping the richest list in the Philippines, for 10 consecutive years now, is Henry Sy, founder and majority shareholder of SM Investments, operator of SM malls. His net worth in 2018 is $20 Billion.

Next on the list is John Gokongwei Jr, founder of JG Summit Holdings, which has stakes in Universal Robina Corp. (URC), Cebu Pacific, Robinsons Malls, and Robinsons Retail Holdings Inc. (RRHI), among others. His net worth stands at $5.8 Billion.

The 3rd richest Filipino is Enrique Razon Jr of International Container Terminal Services (ICTSI), a local and international port operator. He is also the majority shareholder of Bloomberry Resorts Co. (BLOOM), which operates Solaire Casino.

The table below shows the complete list of the 12 Filipino Billionaires, as compiled by Forbes Magazine.

List of Richest Filipinos 2018

RankNameNet WorthAgeInterests / Origin of Wealth
1Henry Sy$20.0 Billion93SM Investments Corp., SM Prime Holdings, BDO
2John Gokongwei, Jr.$5.8 Billion91Universal Robina Corporation, Cebu Pacific, Robinsons Malls, RRHI
3Enrique Razon, Jr.$4.9 Billion58ICTSI, Bloomberry Resorts, Solaire
4Lucio Tan$4.7 Billion83LT Group, Asia Brewery, Philippine Airlines, Macroasia Corp.
5Tony Tan Caktiong$4.0 Billion65Jollibee Foods Corp. (with brands Jollibee, Chowking, Red Ribbon, Greenwich, Mang Inasal)
6George Ty$3.9 Billion85GT Capital Holdings, Metrobank, Toyota Philippines, Grand Hyatt, Marco Polo hotels in Philippines
7Manuel Villar$3.0 Billion68Vista Land & Lifescapes, Starmalls, Golden Haven
8Andrew Tan$2.7 Billion65Alliance Global Group Inc., Megaworld Corp., Emperador, Golden Arches (McDonald's Philippines)
9Ramon Ang$2.5 Billion64San Miguel Corp., Eagle Cement
10Robert Coyiuto, Jr.$1.4 Billion65Prudential Guarantee & Assurance, Oriental Petroleum & Minerals
11Eduardo Cojuangco$1.3 Billion82San Miguel Corp.
12Roberto Ongpin$1.1 Billion81Alphaland, Atok-Big Wedge

All 12 people above are perennial members of the Filipino Billionaires list, but conspicuously absent were Jaime Zobel de Ayala of Ayala Corp. (AC), Lucio Co of Puregold Price Club (PGOLD), and Andrew Gotianun of East West Bank, among others.

That doesn’t mean, though, that Ayala, Co, Gotianun, etc. are no longer “rich”. Since the list above only identified the Filipino Billionaires (in terms of net worth in US Dollars), it’s possible that their net worth is just below the $1 Billion mark. Still rich, definitely, especially in Philippine standards.

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