In the Philippines, billionaires have built their fortunes in varied sectors like real estate, logistics, and food & beverage. Leading them is Manuel Villar, with a net worth of $8.6 billion, predominantly from real estate, highlighting the significant role of this sector in the wealth accumulation of the nation’s ultra-wealthy.
How many billionaires are in Philippines?
The Philippines is home to 14 billionaires. Of these, 13 are based in Manila, while the remaining 1 is based in Makati.
Top 5 Billionaires in Philippines 2023
Who has the highest net worth in Philippines?
1. Manuel Villar
Manuel Villar, born in 1949, is a self-made male billionaire with a net worth of 8.6 billion US dollars as of 2023. He is ranked 232nd in terms of wealth worldwide. His business interests are mainly in the real estate sector, and his source of wealth is from real estate.
2. Enrique Razon Jr.
Enrique Razon Jr. was born in 1960 and is a male, non-self-made billionaire. In 2023, he had a net worth of 7.3 billion USD, ranking 312th in the world, and his wealth came from his logistics and port businesses. He is associated with the logistics industry.
3. Ramon Ang
Ramon Ang, born in 1954, is a self-made male billionaire with a net worth of $3.4 billion in 2023, according to Forbes. He ranks 852nd in terms of wealth worldwide. His primary industry is Food & Beverage and his source of wealth is diversified. He has business interests in the food and beverage industries.
4. Henry Sy, Jr.
Henry Sy, Jr. was born in 1954 and is a male self-made billionaire. In 2023, his total net worth was estimated to be around $2.5 billion, ranking him 1217th wealthiest person in the world. His business interests are diversified, spanning across multiple industries, and his source of wealth is also diversified.
5. Andrew Tan
Andrew Tan was born in 1952 and is a self-made male billionaire. In 2023, his total net worth was estimated to be $2.5 billion, ranking him 1217th in terms of wealth worldwide. His primary source of wealth is his diversified business interests, which span across multiple industries.
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