Top Billionaires in the Philippines 2014
Forbes listed ten (10) Filipinos on its "World's Billionaires 2014" list issued on March 2014.
| No. | NAME | NET WORTH (in billion US dollars) | NET WORTH (in billion Philippine pesos) | AGE | SOURCE |
| 1 | Henry Sy & Family | $11.4 | Php 510.72 | 89 | diversified |
| 2 | Lucio Tan & Family | $6.1 | Php 273.28 | 79 | diversified |
| 3 | Andrew Tan | $4.7 | Php 210.56 | 61 | diversified |
| 4 | Enrique Razon, Jr. | $4.2 | Php 188.16 | 54 | ports |
| 5 | John Gokongwei, Jr. | $3.9 | Php 174.72 | 86 | diversified |
| 6 | David Consunji | $3.3 | Php 147.84 | 92 | construction |
| 7 | George Ty & Family | $2.3 | Php 103.04 | 81 | banking |
| 8 | Tony Tan Caktiong & Family | $1.7 | Php 76.16 | 61 | fast food |
| 9 | Robert Coyiuto, Jr. | $1.5 | Php 67.20 | 61 | power |
| 10 | Andrew Gotianun & Family | $1.2 | Php 53.76 | 85 | real estate |
$1 = Php 44.8 (US-Peso dollar rate is based on Bangko Sentral ng Pilipinas (BSP) forex rate as of March 21, 2014)
Top Billionaires in the Philippines 2013
Eleven (11) Filipinos made it to the Forbes' list of World's Billionaires issued on March 2013.
| No. | NAME | NET WORTH (in billion US dollars) | NET WORTH (in billion Philippine pesos) | AGE | SOURCE |
| 1 | Henry Sy & Family | $13.5 | 550.4 | 88 | diversified |
| 2 | Lucio Tan & Family | $5 | 203.9 | 78 | diversified |
| 3 | Enrique Razon, Jr. | $4.9 | 199.8 | 53 | ports |
| 4 | Andrew Tan | $3.95 | 161 | 60 | diversified |
| 5 | David Consunji & Family | $2.8 | 114.2 | 91 | construction |
| 6 | George Ty & Family | $2.6 | 106 | 80 | banking |
| 7 | Lucio and Susan Co | $2 | 81.5 | retailing | |
| 8 | Robert Coyiuto, Jr. | $1.6 | 65.2 | 60 | power |
| 9 | Tony Tan Caktiong & Family | $1.4 | 57.1 | 60 | fast food |
| 10 | Andrew Gotianun & Family | $1.2 | 48.9 | 85 | real estate |
| 11 | Roberto Ongpin | $1.2 | 48.9 | 76 | diversified |
Top Billionaires in the Philippines 2012
In March 8, 2012, Forbes updated their list of Billionaires in the World for year 2012. Usually, it takes many cash-generating companies to create and develop in order to become a billionaire. Only six people from the Philippines made it in the Forbes World's Billionaires List 2012. Their net worth are calculated in March 2012.
| NAME | NET WORTH (in billion US dollars) | NET WORTH (in billion Philippine pesos) | AGE | SOURCE |
| Henry Sy & Family | $8 billion | PhP340 billion | 87 | diversified |
| Lucio Tan & Family | $3.5 billion | PhP148.75 billion | 77 | diversified |
| Andrew Tan | $2.1 billion | PhP89.25 billion | 59 | diversified |
| Enrique Razon Jr. | $1.9 billion | PhP80.75 billion | 52 | ports |
| Eduardo Cojuangco | $1.3 billion | PhP55.25 billion | 76 | food and drinks |
| Roberto Ongpin | $1 billion | PhP42.5 billion | 75 | diversified |
Some figures are collected from Forbes.com. Conversion in Philippine pesos is personally made.
Let's get some details of the Top 6 Billionaires in the Philippines
1. Henry Sy
Henry Sy - the first Billionaire in the Philippines 2012Ranks as the first Philippine bilionaire in 2012 Forbes list, Henry Sy is a Chinese-Filipino businessman and considered as the "mall magnate" and "the richest person in the Philippines". Are you frequently shopping in his SM mall? He owns the SM shopping malls which currently have 43 branches all over the Philippines and in China. SM Supermalls is under the SM Prime Holdings, Inc. (also owned by Henry Sy). SM Prime Holdings, Inc. is the largest retailer and shopping mall operator in the Philippines. Some of the major businesses he owns includes:
Sy started his business through selling second-hand shoes from Marikina.
- Banco de Oro (BDO) - bank
- Belle Corporation - real estate developer
- Highland Prime Inc. - leisure properties developer
- China Banking Corporation - commercial bank
- SM Development Corporation - close-end investment company
2. Lucio Tan
Lucio Tan - the second Billionaire in the Philippines 2012Also a Chinese-Filipino businessman, billionaire Lucio Tan is the "second richest man in the Philippines". Did you experience traveling by air through Philippine Airlines (PAL)? He owns PAL. Other companies and institutions he owns includes:
- Asia Brewery - 2nd largest beverage company in the Philippines
- Airphil Express - one of the major passenger airlines in the Philippines
- Foremost Farms, Inc. - hog-raising company
- Tanduay Holdings - maker of rum drinks
- Himmel Industries, Inc. - chemical trading company
- University of the East
- Philippine National Bank (PNB)
- Allied Bank
Though a non-smoker, Tan established a cigarette company called Fortune Tobacco. In a January-March 1999 Edition of the Philippine Center for Investigative Journalism, Solita Monsod, an economics professor at the University of the Philippines and former Economic Planning Secretary, described Lucio Tan this way,
"Lucio Tan is a role model for the worst kind of conduct as far as our national objectives are concerned. He signals that you can evade taxes and get away with it, pay the courts and get the judges to decide in your favour, get good lawyers and delay your cases. The messages that are given by the kind of treatment that he gets from the Government are the antithesis of what we need for sustainable development: an even playing field and Government intervention of the right kind."
3. Andrew Tan
4. Enrique Razon Jr.Andrew Tan - the third Billionaire in the Philippines 2012An immigrant from China, billionaire Andrew Tan was born in the Fujian province. He transferred to Manila and studied Accounting at the University of the East. Haven't you heard of the Emperador Brandy? He is the man behind brandy which became the world's best-selling brandy in year 2006. It is a product of his Emperador Distellers Incorporation. Other companies he owns include:
- Alliance Global Group Inc. (AGI) - holding firm which composed of three companies:
- Megaworld Corporation - real estate developer
- Emperador Distillers Incorporation
- Golden Arches Development Corporation - possesses a franchise in McDonald's
Tan cultivated the spirit of thriftiness at young age. While he was studying, He preferred to walk to school rather than riding.
Enrique Razon Jr. - the fourth Billionaire in the Philippines 2012
5. Eduardo CojuangcoBillionaire Enrique Razon Jr. owns the International Container Terminal Services Inc. (ICTSI) which is a leading port management company in the Philippines. Some of the companies he owns includes:
- Baltic Container Terminal Gdynia Ltd.
- Bauan International Port Inc.
- Madagascar International Container Terminal Services Ltd.
- Manila International Container Terminal
- Subic Bay International Terminal Corporation
- South Cotabato Inegrated Port Service Inc.
- Tecon Suape S.A.
Eduardo Cojuangco - the fifth Billionaire in the Philippines 2012A partial Irish, Spanish and Chinese descent, billionaire Eduardo "Danding" Cojuangco is the chairman of San Miguel Corporation, the largest food and beverage corporation in Southeast Asia and in Philippines. He was a former Philippine Ambassador and former governor in Tarlac.
6. Roberto Ongpin
What can you say about these billionaires in the Philippines?Roberto Ongpin - the sixth Billionaire in the Philippines 2012Billionaire Roberto Ongpin comes from a socially prominent family of Chinese immigrants. He is a former minister of trade and have several stakes in different industries such as real estate, mining and telecom. Ongpin held top positions in different corporations in the Philippines. Most of them are Chief Executive Officer (CEO) and Chairman positions. Some of the big companies he held top positions are:Ongpin has a good sense of humor and has two children by his legal wife, a daughter by his German girlfriend, and a son by his Australian girlfriend.
- Atok-Big Wedge Co., Inc. - Chairman and CEO
- San Miguel Corporation - Director and Member of Nominations & Hearing Committee
- Alphaland Corporation - Chairman of the Board and CEO
- ISM Communications Corp. - Chairman, CEO, Chairman of Stock Option Committee and Chairman of Executive Committee
- SCMP Group Ltd. - Deputy Chairman
- PhilWeb Corporation - Chairman, Chairman of Executive Committee and Chairman of Compensation Committee
- AIA Capital Inc. - Director
