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Wealth of Top 50 Tycoons in Philippines Reaches $86B - BusinessWorld Online

Summary by bworldonline.com
THE PHILIPPINES’ 50 richest tycoons increased their combined wealth by 6% to over $86 billion (around P4.92 trillion) this year, with nearly half of those on the list now wealthier than a year ago, according to Forbes Asia. “Buoyed by domestic demand and an uptick in infrastructure investments, the Philippine economy expanded by 5.4% in the first quarter of 2025, but US tariffs proved to be a spoiler. The country’s benchmark stock market index d…

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The number of Filipinos on the list of billionaires in the Philippines has increased to 18 from 16 last year, according to the latest Forbes list. Photo from Forbes The Sy brothers of SM Group remain in first place despite a $1.2 billion decline in their wealth. Despite this, their net worth remained at $11.8 billion. Enrique Razon, Jr., owner of International Container Terminal Services, is in second place. He has a net worth of $11.5 billion.…

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IAG broke the news in on Thursday, August 7, 2025.
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