Philippines’ 50 Richest Fortunes Rise 6% to $86 Billion, Sy Siblings Remain Highest

The Sy siblings, heirs to the late Henry Sy Sr. and leaders of the SM Group, remain the richest family in the Philippines with a net worth of $11.8 billion despite a $1.2 billion decline, the largest drop in dollar terms, according to Forbes Asia's 2025 Philippines' 50 Richest list. Ports and casino magnate Enrique Razon Jr. holds the second spot with $11.5 billion, driven by the expansion of International Container Terminal Services Inc. Real estate tycoon Manuel Villar ranks third with $11 billion, benefiting from property value increases and the transformation of Golden MV Holdings into Villar Land Holdings. The combined wealth of the country's 50 richest grew over 6% to $86 billion, boosted by robust domestic demand and infrastructure investments. Other notable figures include Ramon Ang of San Miguel Corp. at fourth with $3.75 billion and Isidro Consunji and siblings of DMCI Holdings at fifth with $3.7 billion. The biggest percentage increase was seen by Dennis Anthony and Maria Grace Uy, founders of Converge ICT Solutions, whose net worth surged 74% to $1.6 billion.