Julia Christine Botin

'Sy-blings' top list of Forbes Philippines 50 richest

Article (news)

Benise Balaoing

ABS-CBN News

MANILA -- The heirs of the late SM tycoon Henry Sy Sr. topped the list of 50 richest Filipinos released by Forbes.The Sy siblings, Forbes noted, have a net worth of $11.8 billion. Forbes noted that SM Prime Holdings has an &quot;ambitious plan&quot; to invest $9 billion over the next five years to <a href="https://www.abs-cbn.com/news/business/2025/4/30/sm-prime-bets-growth-on-integrated-developments-premium-residences-1258" rel="noopener noreferrer" target="_blank">grow its property footprint</a> across the Philippines.<div><a href="https://www.abs-cbn.com/news/business/2025/8/6/sm-investments-reports-6-percent-rise-in-h1-net-income-to-p42-6-billion-1607" rel="noopener noreferrer" target="_blank">SM Investments reports 6 percent rise in H1 net income to P42.6 billion</a></div>Behind the Sy siblings is ports and casino magnate Enrique Razon Jr., who has a net worth of $11.5 billion. &quot;His <a href="https://www.abs-cbn.com/news/business/2025/5/5/ictsi-net-income-up-14-percent-in-first-quarter-of-2025-1645" rel="noopener noreferrer" target="_blank">International Container Terminal Services</a> reported a two-thirds jump in net profit to $850 million for 2024 and said it will press ahead with global expansion this year,&quot; Forbes noted.Manny Villar--who was named the Philippines&#x27; richest individual in an April list by Forbes--was 3rd richest at $11 billion. San Miguel Corporation&#x27;s Ramon Ang was 4th at $3.75 billion, and construction giants Isidro Consunji and siblings are fifth at $3.7 billion.Other Filipinos who made the list are:-Que-Azcona family: $3.6B -Jaime Zobel de Ayala and family: $3.4B -Lucio Tan: $3.2B -Lucio and Susan Co: $3B -Tony Tan Caktiong and family:  $2.9BThe full list of richest Filipinos can be viewed <a href="https://www.forbes.com/lists/philippines-billionaires/" rel="noopener noreferrer" target="_blank">here</a>.

The heirs of the late SM tycoon Henry Sy Sr. are the richest Filipinos, according to Forbes.

The heirs of the late SM tycoon Henry Sy Sr. are the richest Filipinos, according to Forbes.