Top 10 Richest Men In The Philippines According To Forbes (2025)

The Philippines, an archipelago of over 7,000 islands, is more than just a tropical paradise with rich culture and history. It’s also home to some of Southeast Asia’s most influential business tycoons — individuals whose vision, grit, and entrepreneurial flair have helped shape the country’s economy. From real estate moguls to logistics giants, diversified business leaders, and retail kings, these billionaires are proof that wealth can be built from a mix of hard work, bold investments, and strategic timing.

Based on the latest Forbes Billionaires List, here’s a closer look at the top 10 richest men in the Philippines, their net worth, industries, and the stories behind their fortunes.

1. Manuel Villar

• Net Worth: $17.2 Billion

• Age: 75

• Industry: Real Estate

• Rank: #117

Manuel "Manny" Villar is not only the richest man in the Philippines but also a testament to the power of perseverance. Coming from humble beginnings, Villar built his fortune in the real estate industry through his company, Vista Land & Lifescapes, one of the country’s largest homebuilders.

From selling shrimp and fish in the streets as a child to becoming a property tycoon, Villar’s story resonates with many Filipinos. His business empire extends to retail through AllHome and AllDay Supermarket, as well as media, with his acquisition of the AllTV network. Villar’s strategy is clear: create businesses that complement each other, ensuring growth from all angles.

2. Enrique Razon Jr.

• Net Worth: $10.9 Billion

• Age: 65

• Industry: Ports & Logistics

• Rank: #227

Enrique Razon Jr., chairman of International Container Terminal Services, Inc. (ICTSI), has transformed the Philippines into a global shipping hub. His company operates ports in Asia, the Middle East, Africa, and the Americas.

Razon’s wealth is rooted in his ability to identify and develop strategic global trade routes. Beyond shipping, he has investments in gaming (Bloomberry Resorts) and renewable energy projects, reinforcing his reputation as a forward-thinking business leader.

3. Ramon Ang

• Net Worth: $3.7 Billion

• Age: 71

• Industry: Diversified (Food & Beverage, Energy, Infrastructure)

• Rank: #979

Ramon Ang is the president and CEO of San Miguel Corporation (SMC), one of the oldest and largest conglomerates in Southeast Asia. Initially famous for its beer and food products, SMC has diversified into infrastructure, energy, and oil refining under Ang’s leadership.

His bold acquisitions and infrastructure projects, such as new expressways and airports, have made him a vital player in the country’s development. Ang’s story is proof that vision and aggressive expansion can redefine an already successful business empire.

4. Lucio Tan

• Net Worth: $3 Billion

• Age: 90

• Industry: Diversified (Beverages, Airlines, Banking, Tobacco)

• Rank: #1219

Lucio Tan is a veteran in the billionaire ranks, with interests spanning Philippine Airlines, Asia Brewery, and banking through Philippine National Bank (PNB). His journey began as a janitor and factory worker before founding his first tobacco company in the 1960s.

Despite economic and political challenges over decades, Tan has remained a dominant figure in Philippine business, proving that adaptability is essential in maintaining wealth.

5. Henry Sy Jr.

• Net Worth: $2.3 Billion

• Age: 71

• Industry: Diversified (Retail, Real Estate, Banking)

• Rank: #1573

Henry Sy Jr., the eldest son of the late retail magnate Henry Sy Sr., plays a key role in SM Investments Corporation, the country’s largest conglomerate. His focus lies mainly in property development through SM Prime Holdings, which operates the largest chain of shopping malls in the Philippines.

The Sy family’s influence on Philippine retail and commercial real estate remains unmatched, with Henry Jr. ensuring his father’s legacy continues to thrive.

6. Hans Sy

• Net Worth: $2.2 Billion

• Age: 69

• Industry: Diversified (Retail, Real Estate, Banking)

• Rank: #1626

Hans Sy, another of Henry Sy Sr.’s children, is recognized for his leadership at SM Prime Holdings and his dedication to sustainable and disaster-resilient real estate projects. While he stepped down as president in 2016, he remains actively involved in strategic planning for the conglomerate.

His business philosophy places emphasis on long-term growth and corporate responsibility, especially in urban development.

7. Herbert Sy

• Net Worth: $2.1 Billion

• Age: 68

• Industry: Diversified (Retail, Real Estate, Banking)

• Rank: #1688

Herbert Sy oversees the SM Group’s retail operations and plays a pivotal role in expanding the company’s supermarket and department store chains. His attention to retail operations ensures the conglomerate’s dominance in Philippine consumer markets.

8. Harley Sy

• Net Worth: $1.9 Billion

• Age: 65

• Industry: Diversified (Retail, Real Estate, Banking)

• Rank: #1850

Harley Sy, also part of the Sy siblings, holds an executive position at SM Investments Corporation and contributes to its financial growth through banking and investment strategies. His leadership keeps the group’s financial and retail segments aligned.

9. Teresita Sy-Coson

• Net Worth: $1.9 Billion

• Age: 74

• Industry: Diversified (Retail, Real Estate, Banking)

• Rank: #1850

Although Teresita Sy-Coson is a woman, she is one of the Sy family’s most prominent leaders and a major influence in the Philippine banking sector. As vice chair of SM Investments and chair of BDO Unibank, she has been instrumental in making BDO the largest bank in the Philippines.

Her inclusion in this list highlights the collective influence of the Sy family in the nation’s economy.

10. Andrew Tan

• Net Worth: $1.6 Billion

• Age: 73

• Industry: Diversified (Real Estate, Food & Beverage, Hospitality)

• Rank: #2110

Andrew Tan is the founder of Megaworld Corporation, a real estate giant known for pioneering the "live-work-play" township concept in the Philippines. His portfolio also includes Emperador Inc., the world’s largest brandy company, and investments in hotels and tourism.

From humble beginnings as the son of a factory worker, Tan’s rise to billionaire status is a classic rags-to-riches tale, making him one of the most admired entrepreneurs in the country.

Final Thoughts

The Philippines’ top billionaires are not only some of the wealthiest in Asia but also among the most influential in shaping the nation’s business landscape. From real estate and ports to retail and diversified empires, these individuals prove that strategic vision, adaptability, and relentless drive are the cornerstones of lasting wealth.

Their stories also show the interconnectedness of industries — how ports can lead to global trade dominance, how real estate can feed retail expansion, and how family-run empires can maintain relevance for generations.

For young entrepreneurs and seasoned investors alike, the journeys of these billionaires offer valuable lessons in resilience, innovation, and the art of seizing opportunities.