The 10 richest people in the Philippines 2022: Jollibee’s boss ranked 7th

, The 10 richest people in the Philippines 2022: Jollibee’s boss ranked 7th

Forbes magazine has just announced the list of the 50 richest people in the Philippines in 2022. The total wealth of the Top 50 is 72 billion USD, down from 79 billion USD last year. The Sy siblings continue to lead the list with a combined net worth of $12.6 billion.

The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 1.The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 1.

1. Sy brothers

Net worth: $12.6 billion

Field: multidisciplinary

The six Sy siblings, including Teresita (pictured), Elizabeth, Henry Jr., Hans, Herbert and Harley, inherited the estate from their late father Henry Sy Sr. Most of their wealth comes from stakes in SM Investments and SM Prime. Currently, SM is one of the largest corporations in Southeast Asia, doing business in many different fields from department stores, supermarkets, banks, hotels to real estate and mining. (Photo:  Forbes )

The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 2.The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 2.

2. Manuel Villar

Net worth: 7.8 billion USD

Sector: real estate

Manuel Villar is the President of Vista Mall (formerly Starmalls), one of the largest shopping mall operators in the Philippines. He is also the head of Vista Land & Landscapes, the nation’s largest homebuilder. (Photo:  Lamudi )

The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 3.The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 3.

3. Enrique Razon, Jr.

Assets: $5.6 billion

Area: port

Enrique Razon, Jr. is the President of International Container Terminal Services (ICTSI), the largest port operator in the Philippines. The business has many subsidiaries in Eastern Europe, Africa and the Americas. In 1916, Razon’s grandfather began working at a port in Manila. After World War II, his father rebuilt the business, Razon was the one to follow and grow. (Photo:  Bloomberg )

The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 4.The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 4.

4. Lance Gokongwei and siblings

Assets: $3.1 billion

Field: multidisciplinary

The 6 Gokongwei siblings including Lance, Robina, Lisa, Faith, Hope and Marcia, inherited the fortune from founder John Gokongwei Jr. Most of their assets come from shares in JG Summit, a multi-industry corporation from aviation and telecommunications to banking and food… (Photo:  JG Summit )

The 10 richest people in the Philippines 2022: Highlands Coffee owner ranked 7th - Photo 5.The 10 richest people in the Philippines 2022: Highlands Coffee owner ranked 7th - Photo 5.

5. The Aboitiz . Family

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Net worth: $2.9 billion

Field: multidisciplinary

Five generations of the Aboitiz family have made Aboitiz Equity Ventures (AEV) one of the leading conglomerates in the Philippines operating in a wide range of sectors such as energy, banking and financial services, food, infrastructure , land and data. (Photo:  Bloomberg )

The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 6.The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 6.

6. Isidro Consunji and siblings

Assets: $2.65 billion

Sector: construction and engineering

Siblings Isidro (pictured), Josefa, Jorge, Luz, Maria Cristina and Maria Edwina inherited the property from their late father David Consunji. Their wealth stems from DMCI Holdings, one of the largest real estate developers in the Philippines, founded by Mr. Consunji in 1954. (Photo:  Jorem Catilo )

The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 7.The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 7.

7. Tony Tan Caktiong & family

Assets: $2.6 billion

Sector: food

Tony Tan Caktiong is the Founder and President of Jollibee Foods, one of the world’s fastest growing Asian restaurant chains. The company currently operates more than 5,900 stores in the Philippines and many other countries around the world. In addition to the Jollibee and Highlands Coffee fried chicken brands, this business is also behind many other F&B chains such as Pho 24, Burger King, Coffee Bean & Tea Leaf, Tim Ho Wan… (Photo:  Forbes )

The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 8.The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 8.

8. Jaime Zobel de Ayala and family

Assets: 2.55 billion USD

Field: multidisciplinary

Jaime served as Chairman of Ayala Group until his retirement in 2006 and the position was taken over by his son, Jaime II. Currently, Jaime’s seven children hold more than a third of the shares of this corporation. Starting with a distillery in Manila, the Ayala family later expanded into banking, real estate, hotels, telecommunications and education. (Photo:  Ayala )

The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 9.The 10 richest people in the Philippines 2022: The owner of Highlands Coffee ranked 7th - Photo 9.

9. Ramon Ang

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Assets: $2.45 billion

Sector: food and beverage

Ramon Ang is the boss of San Miguel, one of the oldest corporations in the Philippines. Started as a brewer, San Miguel is now a leader in the food and beverage industry. (Photo:  CNN Philippines )

The 10 richest people in the Philippines 2022: Highlands Coffee owner ranked 7th - Photo 10.The 10 richest people in the Philippines 2022: Highlands Coffee owner ranked 7th - Photo 10.

10. Andrew Tan

Net worth: 2.4 billion USD

Field: multidisciplinary

Andrew Tan is the President of Alliance Global, a conglomerate with businesses in the food, beverage, gaming and real estate sectors. The son of a factory worker, Tan made his fortune developing large apartment complexes around Manila. (Photo:  Alliance Global Group )

Source: CafeF

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