Villar still richest Filipino in Forbes list, PH billionaires up to 20

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Metro Manila (CNN Philippines, April 6) — Real estate tycoon and former Senate President Manuel Villar remains the richest Filipino in the 2022 Forbes World’s Billionaires List.

According to Forbes, Villar is one of the 20 Filipinos who have made it to its list of wealthiest people. Last year, 17 Filipinos were included in the list.

With a net worth of $8.3 billion (around ₱426.99 billion), Villar rose to 263rd rank this year from 352nd last year.

He is the man behind property developer Vista Land & Lifescapes, which is known for its development of subdivisions, condominiums, malls, convenience stores and coffee chains.

The second richest Filipino is still ports tycoon Enrique Razon Jr., with worldwide ranking of 369 and net worth of $6.7 billion (around ₱343.77 billion).

Third wealthiest Filipinos were Henry Sy Jr. of SM Investments and Andrew Tan of Alliance Global Group. They both stood at 1096th, with net worth of $2.8 billion (around ₱144.06 billion.)

They were followed by the other Sy siblings. Hans and Herbert Sy both ranked 1196th worldwide with net worth at $2.6 billion each (around ₱133.77 billion). Harley and Teresita Sy-Coson shared the 1292nd spot, both having a net worth of $2.4 billion (around ₱123.48 billion), while and Elizabeth Sy landed 1445th worldwide with net worth of $2.1 billion (around ₱108.05 billion).

Completing the top 10 is San Miguel Corporation president and CEO Ramon Ang, who has an overall ranking of 1513th and net worth of $2 billion (around ₱102.9 billion).

JG Summit’s Lance Gokongwei came next who valued at $1.6 billion (around ₱82.32 billion).

Landing 2190th is Jollibee Food’s Tony Tan Caktiong with a net worth of $1.3 billion (around ₱66.89 billion).

Monde Nissin’s Betty Ang, LT Group’s Lucio Tan, and Converge ICT Solutions’ Maria Grace Uy all tied at 2324th with a net worth of $1.2 billion (around ₱61.73 billion).

Rounding up the list are the Genomals of Page Industries, namely Nari, Ramesh and Sunder, along with Alphaland’s Roberto Ongpin, and Converge ICT’s Dennis Uy. They shared the 2578th spot, each had a net worth of $1 billion (around ₱51.29 billion).

For 2022, Forbes listed 2,668 billionaires around the world, lower than last year’s 2,755 billionaires who have a collective value of $12.7 trillion.

Forbes noted that the COVID-19 pandemic, coupled with sluggish markets and the ongoing Russia-Ukraine conflict hit the world’s billionaires this year.

Despite the pandemic, Tesla’s Elon Musk emerged as the world’s richest with a net worth of $219 billion.