Filipino siblings maintain their leading position on Forbes' list of the 50 wealthiest individuals in the Philippines
The Philippines' wealthiest individuals have seen significant growth in their net worth, despite economic uncertainties caused by external factors such as US tariffs and a fluctuating stock market index. According to Forbes' 2025 list, the top 10 richest Filipinos are:
- The Sy Siblings - The heirs to the late tycoon Henry Sy Sr.'s SM Group, The Sy Siblings maintain their position as the richest Filipinos with a net worth of $11.8 billion.
- Enrique Razon Jr. - Known for his dominance in ports and casinos, Enrique Razon's net worth stands at $11.5 billion. His company, International Container Terminal Services, reported a two-thirds jump in net profit to $850 million for 2024.
- Manny Villar - A prominent figure in the real estate sector, Manny Villar's net worth is $11 billion. His company, Villar Land Holdings, is shifting from mass-market and memorial development to the large-scale development of Villar City in southern Metro Manila.
- Tony Tan Caktiong - The founder of the fast-food giant Jollibee Group, Tony Tan Caktiong has a net worth of $2.9 billion. Co-chairing property giant DoubleDragon with Edgar "Injap" Sia, Caktiong continues to make a significant impact in the Philippine business landscape.
5-10. While the exact ranking beyond the top three is not fully detailed, the top positions are dominated by major business families and tycoons from industries like retail, real estate, food, and infrastructure.
The overall wealth of the Philippines' 50 richest increased to $86 billion in 2025, up from $80.8 billion in 2024. This growth can be attributed to the economic growth of 5.4% in the first quarter and robust domestic demand.
Notable mentions include Lucio and Susan Co, who own retail giants Puregold Price Club, S&R Membership Shopping, and imported alcohol distributor The Keepers Holdings. Other prominent figures include Isidro Consunji and siblings, who inherited property giant DMCI Holdings, and Lucio Tan, known for his diverse business interests.
The Que Azcona family took over the drugstore chain following the death of Vivian Que Azcona in April, with her son Steven now running the business. Ramon Ang, with a net worth of $3.75 billion, rounds up the top 10.
It is important to note that this list includes family fortunes, with a minimum net worth of $185 million required to make the list. Unlike the Forbes World's Billionaires rankings, this list takes into account extended family wealth.
For a more detailed list, including exact ranks and net worth breakdowns, readers are encouraged to refer to the official Forbes Philippines 2024 or 2025 publication.
[1] Forbes. (2025). The Philippines' Richest 2025. Retrieved from https://www.forbes.com/philippines/billionaires/ [2] Inquirer.net. (2025). Forbes: Philippines' richest 50 wealthiest with $86 billion net worth. Retrieved from https://business.inquirer.net/343795/forbes-philippines-richest-50-wealthiest-with-86-billion-net-worth [4] Rappler.com. (2025). Forbes: Philippines' richest 50 wealthiest with $86 billion net worth. Retrieved from https://www.rappler.com/business/683389-forbes-philippines-richest-50-wealthiest-86-billion-net-worth
- Engaging in business ventures such as retail, real estate, food, and infrastructure has significantly contributed to the personal finance and wealth management of many Filipinos, as demonstrated by the top 10 richest Filipinos listed by Forbes in 2025.
- Investing wisely in business sectors like ports, casinos, and fast-food chains has led to an increase in the net worth of some of the Philippines' wealthiest individuals, as evidenced by the robust growth seen in the net worths of the top 50 richest Filipinos in 2025.
