Forbes: 14 Filipinos on 2017 world billionaires list

There were three more Filipinos on Forbes' billionaire's list this year than last year.
Philstar.com/RP Ocampo

MANILA, Philippines — Fourteen Filipinos returned to the recently released Forbes magazine's annual billionaires list.

SM Investment Corporation's Henry Sy remains the highest-ranking Filipino in the Forbes' dollar billionaires club with a net worth of $12.7 billion, a drop from his $13.3-billion net worth last year.

Sy's world rank also dropped from 71 last year to 94 this year.

JG Summit Holding's John Gokongwei Jr. follows Sy ranking 250 in the world with a net worth of $5.8 billion. Philippine Airline's Lucio Tan ranked 501 in the world with a wealth of $3.7 billion.

World Rank Name Net Worth Age Source
94 Henry Sy $12.7 billion 92 SM Investments Corporation
250 John Gokongwei Jr. $5.8 billion 90 diversified
501 Lucio Tan $3.7 billion 82 diversified
544 George Ty $3.5 billion 84 banking
564 Enrique Razon Jr. $3.4 billion  57 ports
564 Tony Tan Caktiong $3.4 billion  64 fast food
630 David Consunji $3.1 billion 95 construction
814 Andrew Tan $2.5 billion 64 diversified
1376 Roberto Coyiuto Jr. $1.5 billion 64 power
1376 Manuel Villar $1.5 billion  67 real estate
1468 Ramon Ang $1.4 billion 63 diversified
1678 Eduardo Cojuangco $1.2 billion 81 food, drinks
1795 Roberto Ongpin $1.1 billion 80 diversified
1940 Edgar Sia $1 billion 40 fast food

Also in the top 10 Filipino dollar billionaires are George Ty ($3.5 billion), Enrique Razon Jr. ($3.4 billion), Tony Tan Caktiong ($3.4 billion), David Consunji ($3.1 billion), Andrew Tan ($2.5 billion), Robert Coyiuto Jr. ($1.5 billion) and former Sen. Manny Villar ($1.5 billion).

Completing the list of Filipinos in the dollar billionaires club are Ramon Ang ($1.4 billion), Eduardo Cojuangco ($1.2 billion), Roberto Ongpin ($1.1 billion) and Edgar Sia ($1 billion).

Microsoft founder Bill Gates remains the richest person in the world for the fourth year in a row. He has a wealth of $86 billion, up from $75 billion last year.

According to Forbes, the number of billionaires jumped from 1,810 last year to 2,043 this year. The change in the number of billionaires was the biggest in the 31 years that Forbes has been tracking.

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