15 Filipinos included in Forbes’ 2025 list of world’s richest

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Real estate magnate Manny Villar tops the list of Filipino billionaires, while DigiPlus Interactive Gaming's founder Eusebio Tanco joins the list for the first time

MANILA, Philippines – Fifteen Filipinos were included in Forbes’ latest list of the world’s billionaires, one less from last year’s edition.

Real estate magnate and former senator Manny Villar overtook ports tycoon Enrique Razon to top the list of Filipino billionaires, with his wealth jumping to $17.2 billion from last year’s $11 billion.

San Miguel Corporation chairman Ramon Ang finishes off the top three with a net worth of $3.7 billion.

Villar was 117th on the overall list, while Razon was 227th with a net worth of $10.9 billion and Ang was at 979th place.

The following Filipinos trailed the three tycoons:

1219. Lucio Tan ($3 billion)

1573. Henry Sy Jr. ($2.3 billion)

1626. Hans Sy ($2.2 billion)

1688. Herbert Sy ($2.1 billion)

1850. Harley Sy ($1.9 billion)

1850. Teresita Sy-Coson ($1.9 billion)

2019. Elizabeth Sy ($1.7 billion)

2110. Andrew Tan ($1.6 billion)

2356. Lucio Co ($1.4 billion)

2479. Susan Co ($1.4 billion)

2479. Tony Tan Caktiong ($1.3 billion)

2623. Eusebio Tanco ($1.2 billion)

Lucio Tan saw his net worth climb from $2.5 billion in 2024 to $3 billion amid strong results from the firms under the LT Group. The company houses the Philippine National Bank, Philip Morris’ Philippine business, as well as Eton Properties and flag carrier Philippine Airlines.

The six Sy siblings, meanwhile, own the SM Group of Companies they inherited from their late father, Henry Sy. These companies include SM Prime, SM Investments, Banco de Oro (BDO), Chinabank, logistics firm 2GO, among others. [READ: SM Investments’ 20th-anniversary listing: A legacy of trust]

Andrew Tan’s Alliance Global Group houses real estate giant Megaworld, Emperador, McDonald’s Philippines, among others.

Lucio and Susan Co own retail giants Puregold Price Club and S&R Membership Shopping, and imported alcohol distributor The Keepers Holdings.

Tony Tan Caktiong founded fast-food giant Jollibee Foods Corporation, which is seeking to expand its overseas market. [READ: Jollibee sets sights on massive expansion after netting P10.7 billion in 2024]

Eusebio Tanco is the only Filipino newcomer on Forbes’ list, as his digital entertainment platform DigiPlus Interactive tripled its 2024 earnings to P12.6 billion.

Construction retailer Wilcon Depot’s founder William Bello, who was in last year’s list, was no longer included.

This year, Forbes said 3,028 entrepreneurs, investors and their heirs made it to this year’s list of the world’s richest.

The United States still has more billionaires than any other country at 902, while China has 450 and India with 205.

Elon Musk dethroned French luxury goods tycoon Bernard Arnault to become the world’s richest man.

Forbes says its World’s Billionaires List: The Richest in 2025 is “snapshot of wealth using stock prices and exchange rates as of March 7, 2025.” – Rappler.com