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Manny Villar remains Philippines' richest, net worth at $8.3 billion: Forbes

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ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Manny Villar at the sidelines of the Makati Business Club Forum at the Makati, Shangri-La, March 07, 2019. Jonathan Cellona, ABS-CBN News/File" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2022/business/04/06/20220406-manny-villar.jpg"/><figcaption>Manny Villar at the sidelines of the Makati Business Club Forum at the Makati, Shangri-La, March 07, 2019. <em>Jonathan Cellona, ABS-CBN News/File</em></figcaption></figure></div><p>MANILA - Tycoon Manuel &quot;Manny&quot; Villar remains the richest person in the Philippines, with net worth estimated to be at $8.3 billion, according to the latest Forbes&#x27; world&#x27;s billionaires list. </p><p>The real estate titan&#x27;s estimated net worth of $8.3 billion landed him in the 263rd spot in this year&#x27;s list from 352nd in 2021, Forbes said. </p><p>Villar&#x27;s net worth is also over $1 billion higher compared to his $7.2 billion total last year, the report showed. </p><p>Villar chairs Vista Land. He also has an expansive interest in property development and mall chains, among others.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/01/25/22/villar-firm-granted-use-of-former-abs-cbn-channels">Villar company bags 2 broadcast channels previously held by ABS-CBN</a></li></ul><p>Port and casino magnate Enrique Razon was the second Filipino on the list at the 369th spot with an estimated net worth of $6.7 billion. Razon jumped higher from his 561st ranking last year, Forbes said. </p><p>Tied at the 1096th spot were SM Group&#x27;s Henry Sy Jr and Megaworld&#x27;s Andrew Tan with an estimated net worth of $2.8 billion.</p><p>The other Sy siblings also made it to the list, followed by San Miguel Corp&#x27;s Ramon Ang, JG Summit&#x27;s Lance Gokongwei, Jollibee Group&#x27;s Tony Tan Caktiong and Philippine Airlines&#x27; Lucio Tan.</p><p>New entrants on the list include Converge ICT Solutions Inc&#x27;s Maria Grace Uy and Dennis Anthony Uy, Monde Nissin&#x27;s Betty Ang as well as the members of the Genomal family, who owns Page Industries, or one of the biggest licensees for underwear maker Jockey, Forbes said. </p><div><strong>Filipinos who made it to the World&#x27;s Billionaire&#x27;s List 2022:</strong></div><ul>	<li>#263 Manny Villar (net worth of $8.3 billion)</li>	<li>#369 Enrique Razon (net worth of $6.7 billion)</li>	<li>#1096 Henry Sy Jr (net worth $2.8 billion)</li>	<li>#1096 Andrew Tan (net worth $2.8 billion)</li>	<li>#1196 Hans Sy (net worth $2.6 billion)</li>	<li>#1196 Herbert Sy (net worth $2.6 billion)</li>	<li>#1292 Harley Sy (net worth $2.4 billion)</li>	<li>#1292 Teresita Sy-Coson (net worth $2.4 billion)</li>	<li>#1445 Elizabeth Sy (net worth $2.1 billion)</li>	<li>#1513 Ramon Ang (net worth $2 billion)</li>	<li>#1818 Lance Gokongwei (net worth $1.6 billion)</li>	<li>#2190 Tony Tan Caktiong (net worth $1.3 billion)</li>	<li>#2324 Betty Ang (net worth $1.2 billion)</li>	<li>#2324 Lucio Tan (net worth $1.2 billion)</li>	<li>#2324 Maria Grace Uy (net worth $1.2 billion)</li>	<li>#2578 Nari Genomal (net worth $1 billion)</li>	<li>#2578 Ramesh Genomal (net worth $1 billion)</li>	<li>#2578 Sunder Genomal (net worth $1 billion)</li>	<li>* #2578 Roberto Ongpin (net worth $1 billion)</li>	<li>#2578 Dennis Anthony Uy (net worth $1 billion)</li></ul><p>Meanwhile, Elon Musk was named the world&#x27;s richest man with a net worth of $219 billion. </p><p>Musk&#x27;s portfolio includes Tesla, SpaceX, The Boring Company, among others. He also recently bought over 9 percent stake in the social media platform Twitter. </p><p>Musk &quot;tops the World’s Billionaires list for the first time,&quot; Forbes said. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/04/06/22/twitter-names-elon-musk-to-board">Twitter names Elon Musk to board, further lifting shares</a></li>	<li><a href="https://news.abs-cbn.com/business/04/04/22/elon-musk-buys-large-stake-in-twitter-sending-stock-soaring">Elon Musk buys large stake in Twitter, sending stock soaring</a></li></ul><p>Amazon and Blue Origin&#x27;s Jeff Bezos, LVMH&#x27;s Bernard Arnault and family, Microsoft&#x27;s Bill Gates and investing legend Warren Buffet rounded up the world&#x27;s top 5 billionaires. </p><p>Forbes said this year&#x27;s 2,668 billionaires list has 87 fewer people compared to a year ago. Collectively their net worth totaled $1.7 trillion, which was also lower by $400 billion than in 2021.</p><p>In Russia, there were 34 fewer billionaires, it said.</p><p>The US meanwhile, still leads with the most number of billionaires followed by China.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/09/09/21/henry-sy-heirs-top-forbes-list-of-richest-filipinos">Sy family is Philippines’ richest, billionaires’ fortunes rebound despite pandemic</a></li>	<li><a href="https://news.abs-cbn.com/business/04/06/21/forbes-manny-villar-still-philippines-richest-in-2021">Forbes: Manny Villar still Philippines&#x27; richest in 2021</a></li>	<li><a href="https://news.abs-cbn.com/business/12/04/20/sys-among-asias-20-richest-families-bloomberg">Sys among Asia&#x27;s 20 richest families - Bloomberg</a></li></ul><div><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe height="315" src="https://www.youtube.com/embed/1aHh1SCUkDM?enablejsapi=1" width="560"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div>

Tycoon Manuel 'Manny' Villar remains the richest person in the Philippines, with net worth estimated to be at $8.3 billion, according to Forbes.