Henry Sy is Forbes’ richest Filipino
MANILA — Shopping mall mogul Henry Sy topped the latest Forbes magazine list of 50 richest Filipinos for the eighth consecutive year with a net worth of $14.4 billion.
"At age 90, Henry Sy, the country’s richest man, still is chairman of his retail and property juggernaut SM Prime Holdings," Forbes said.
Sy's estimated net worth in 2014 was $12.7 billion.
John Gokongwei Jr. rose up from the fifth spot in 2014 to the second spot this year with a net worth of $5.5 billion, up from his $4.9 billion net worth last year.
Ranking third is Alliance Global Group Inc.’s Andrew Tan whose wealth slid to $4.5 billion from $5.1 billion last year.
From last year's second spot, tobacco and airline magnate Lucio Tan slid to the fourth spot with a net worth of $4.3 billion, down from $6.1 billion last year.
International port magnate Enrique Razon Jr. took this year's fifth spot with a net worth of $4.1 billion, a drop from $5.2 billion last year.
Other Filipinos who completed the top 10 were
George Ty ($4 billion), Aboitiz family ($3.6 billion), Jaime Zobel de Ayala ($3.5 billion), David Consunji ($3.2 billion) and Tony Tan Caktiong ($2.2 billion).
Most of the 50 richest
Filipinos happened to be male business tycoons. Only four women, namely Betty Ang, Vivian Que Azcona Beatrice Campos and Juliette Romualdez made the list.
(Philippine STAR News Service)