Forbes Magazine has revealed the Top 10 richest people in the Philippines for 2014 wherein businessman Henry Sy and his family bested other candidates for the top billionaires in the country.
Henry Sy continues to reign as the richest Filipino with his whooping $11.4 billion income as of March 2014. The SM top-honcho bested other candidates on the world’s most prestige billionaire’s list.
Lucio Tan, the owner of Asia Brewery and Fortune Tobacco was placed on the second spot with his $6.1 billion net income followed by by Alliance Global owner, Andrew Tan with $4.7 billion earnings.
Next in line is port and casino firm owner, Enrique Razon Jr. with $4.2 billion income while Cebu Pacific’s John Gokongwei, Jr. was placed on the fifth spot with $3.9 billion.
Emerging on the sixth spot is the construction firm owner, David Consunji of DMCI with $3.3 billion net worth. Landing on the 7th spot is Metrobank’s top-honcho, George Ty with $2.3 income as of March 2014.
Placing on the eight place is the restaurant mogul Tony Tan Caktiong $1.7. He is the owner of Philippine’s largest fast-food chain, Jollibee and other franchise of Greenwich, Chowking and Pizza.
Robert Coyiuto, Jr., the owner of Prudential Guarantee and (–foul word(s) removed–)urance lands on the 9th place with $1.5 billion net worth. He is the owner PGA Cars which distributes cars like Porsche, Audi, Lamborghini and Bentley in the Philippines.
Lastly, the founder Philippine-based real-estate firm, the Filinvest Development by Andrew Gotianun was placed on the tenth spot with $1 billion income as of March 2014.
Here’s Forbes Magazine’s Top 10 Richest People in the Philippines for 2014:
- Henry Sy $11.4B
- Lucio Tan $6.1B
- Andrew Tan $4.7B
- Enrique Razon, Jr. $4.2 B
- John Gokongwei, Jr. $3.9 B
- David Consunji $3.3 B
- George Ty $2.3 B
- Tony Tan Caktiong $1.7 B
- Robert Coyiuto, Jr. $1.5 B
- Andrew Gotianun $1 B
Photo Credit: Forbes