Philippines Richest 2024

As of 2024, the Sy siblings remain the richest in the Philippines, according to Forbes. Their collective net worth stands at $13 billion, primarily derived from their stakes in the SM Group, a diversified conglomerate with significant interests in retail, real estate, and banking. This figure is slightly down from $14.4 billion in 2023, due to a weaker peso.

Enrique Razon Jr., the ports magnate, has moved up to second place with a net worth of $11.1 billion, overtaking real estate tycoon Manuel Villar, who is now third with $10.9 billion. Other notable names in the top ten include Ramon Ang of San Miguel Corporation, Isidro Consunji and his siblings from DMCI Holdings, and Tony Tan Caktiong of Jollibee Foods Corporation​ (RAPPLER)​ (Philstar Life)​ (Forbes ME).