The New Top 10 Richest People in the Philippines.
The Philippines is one of the most expensive countries, so it might come as no surprise that it’s home to some of the world’s mega-rich. Of the 2,755 wealthiest people on the Forbes 2021 list, 15 of them are Philippians. Many of these elite figures belong to famously wealthy Philippian families who have run multinational companies for generations.
The Philippine economy has produced an estimated gross domestic product (nominal) of $356.8 billion. Primary exports include semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, and fruits.
Since the beginning of time, this great nation has been able to catapult into being the greatest in the industries that make a country grow. Impeccable individuals from the Philippines have created corporations, industries, franchises, and have undertaken humanitarian purposes to capture the minds of the world.
In today’s article, we will take a look at the top 10 richest people in the Philippines that have created their wealth through creating employment and rising above the challenges to be who they are now according to Forbes
Without wasting much time let’s dive in.
|Rank||Name of Personality||Estimated Net Worth|
|#3||Enrique Razon Jr.||$6.8B|
|#4||Lance Gokongwei & Siblings||$4B|
|#5||Jaime Zobel de Ayala||$3.3B|
|#6||Dennis Anthony & Maria Grace Uy||$2.8B|
|#7||Tony Tan Caktiong & family||$2.7B|
Below is a short bio on the first two richest people in the Philippines
The six Sy siblings, Teresita(pictured), Elizabeth, Henry Jr., Hans, Herbert, and Harley, inherited their fortune from their late father Henry Sy Sr. Their net worth is comprised largely of stakes held in the group’s publicly traded SM Investments and SM Prime. SM traces its roots to Henry Sr., who sold overrun shoes in 1958 at a store in Manila he aptly called Shoemart.
The second richest man in the Philippines is the chairman of property developer Vista Land & Lifescapes run by his son Manuel Paulo. His biggest asset is his stake in Golden MV Holdings (formerly Golden Bria), a developer of mass housing projects and condos
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