SM's Filipino-Chinese tycoon Henry Sy Sr. is still the wealthiest man in the Philippines. Sy together is one of the eleven (11) Filipinos that made it in the Forbes’ 2015 list of richest people in the world.
The 90-year-old SM supermalls, banking and property tycoon is the 73rd richest in the world, net worth of went up to $14.2 billion from $11.4 billion in 2014. The increase was because of the continued growth of SM Investments Corp. and the success of newly built "City of Dreams Manila resort and casino" which opened in December 2014.
The next Filipino is John Gokongwei Jr. of JG Summit Holdings Inc. which is far down in the list at 254th spot in Forbes’ list of world’s billionaires with $5.8 billion net worth.
Here are the rest:
291 - Enrique Razon Jr. net worth $5.2 billion (Bloomberry Resorts Corp., developer of the Solaire Resort and Casino, International Container Terminal Services Inc.)
330 - Andrew Tan $4.8 billion (Alliance Global Inc.)
369 - Lucio Tan $4.4 billion, his fortunes declined from $6.1 billion in the 2014 Forbes list.
369 - George Ty (Metrobank)
405 - David Consunji $4.1 billion
690 - Tony Tan Caktiong $2.7 billion (Jollibee)
810 - Lucio and Susan Co $2.3 billion (Puregold)
1,190 - Manuel Villar $1.6 billion
Microsoft founder Bill Gates is the world’s richest with net worth at $79.2 billion, while Mexican telecommunications tycoon Carlos Slim Helú is in 2nd at $77.1 billion.
source: The 2015 Forbes Billionaires List
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