Top 40 Richest People In The Philippines 2012

National Money

The soaring remittance-driven economy has significantly increased the wealth of Philippines’ richest people by $13 billion to $47.4 in 2011-2012. According to Forbes, it has outperformed many of its neighboring countries in Asia. The Philippines now has total of 15 billionaires from 11 as of last year due to outsourcing, tourism, ongoing consumer boom, 17% increase in stock market plus the 6.4% economic growth during the last quarter.

Henry Sy is still the richest person in the country with a total net worth of $9.1 billion which increased by 1.9 billion last year according to Forbes magazine. Enrique Razon Jr. is this year’s highest gainer in the Philippines. His wealth increased by $2 billion to $3.6 billion making him the third richest person in the country.

Here’s the Top 40 Richest People in the Philippines as of 2012:


No. 1 Henry Sy & family

Net Worth:




















$9.1 Billion – As of June 2012
Source of Wealth: Diversified



No. 2 Lucio Tan & family

Net Worth:




















$4.5 Billion – As of June 2012
Source of Wealth: Diversified



No. 3 Enrique Razon, Jr.

Net Worth:




















$3.6 Billion – As of June 2012
Source of Wealth: Port



No. 4 John Gokongwei, Jr. & family

Net Worth:




















$3.2  Billion – As of June 2012
Source of Wealth: Diversified



No. 5 David Consunji & family

Net Worth:




















$2.7 Billion – As of June 2012
Source of Wealth: Construction



No. 6 Andrew Tan

Net Worth:




















$2.3 Billion – As of June 2012
Source of Wealth: Diversified



No. 7 Jaime Zobel de Ayala & family

Net Worth:




















$2.2 Billion – As of June 2012
Source of Wealth: Diversified



No. 8 George Ty & family

Net Worth:




















$1.7 Billion – As of June 2012
Source of Wealth: Banking



No. 9 Roberto Ongpin

Net Worth:




















$1.5 Billion – As of June 2012
Source of Wealth: Diversified



No. 10 Eduardo Cojuangco

Net Worth:




















$1.4 Billion – As of June 2012
Source of Wealth: Food & Drinks



No. 11 Robert Coyiuto, Jr.

Net Worth:




















$1.3 Billion – As of June 2012
Source of Wealth: Power



No. 12 Tony Tan Caktiong & family

Net Worth: $1.25 Billion – As of June 2012
Source of Wealth: Fast food



No. 13 Lucio and Susan Co

Net Worth:




















$1.2 Billion – As of June 2012
Source of Wealth: Retail



No. 14 Inigo & Mercedes Zobel

Net Worth:




















$1.15 Billion – As of June 2012
Source of Wealth: Diversified



No. 15 Emilio Yap

Net Worth:




















$1.1 Billion – As of June 2012
Source of Wealth: Diversified



No. 16 Jon Ramon Aboitiz & family

Net Worth:




















$955 Million – As of June 2012
Source of Wealth: Diversified



No. 17 Andrew Gotianun & family

Net Worth:




















$825 Million – As of June 2012
Source of Wealth: Real estate



No. 18 Manuel Villar

Net Worth:




















$720 Million – As of June 2012
Source of Wealth: Real Estate



No. 19 Beatrice Campos & family

Net Worth:




















$720 Million – As of June 2012
Source of Wealth: Pharma



No. 20 Vivian Que Azcona & family

Net Worth:




















$690 Million – As of June 2012
Source of Wealth: Retail


[See full list on Forbes.com]