Bilyonaryo monthly standings: Lucio Tan bumps off EKR at No. 3, Andrew Tan falls behind RSA
Bilyonaryo Lucio Tan has powered his way to the number three spot among richest Filipinos in May as most of his peers suffered a hit on their fortunes.
Based on Forbes?s live monitoring of the richest humans, Tan jumped two places as his net worth zoom up by 13 percent to $4.4 billion as of May 15, 2018 from $3.9 billion the previous month.
Ports king Ricky Razon slipped from third to fourth place as he lost $500 million in the last month for a net worth of P4.1 billion.
Mall and property king Henry Sy is still the richest Filipino with $19.2 million as of May 15, up by $100 million from a month ago.
JG Summit’s John Gokongwei clung on to second place even though his net worth continued to head south from $5.8 billion at the start of the year. Gokongwei lost 2 percent to $4.9 billion as of May 15 from $ billion a month ago.
San Miguel big boss Ramon S. Ang jumped a notch to number 8 after Megaworld Andrew Tan lost $100 million to $2.5 billion which was good for ninth place.
Another major loser inthe monthly rankings is Puregold owners Lucio and Susan Co who incurred an 11 percent drop in their holdings to $1.6 billion as of May 15 from $1.8 billion a month ago.
One of the few who bucked the downtrend is former Marcos Trade Minister Bobby Ongpin whose assets jumped 8.3 percent to $1.3 billion in May 15 from $1.2 billion
Overall, the 13 bilyonaryos monitored by Forbes lost a combined $500 million to $54.4 billion as of May 15 this year from $54.9 billion a month ago.
This is the complete monthly rankings:
1) Henry Sy $19.2 billion (previous position #1)
2) John Gokongwei $4.9 billion (#2)
3) Lucio Tan $4.4 billion (#5)
4) Ricky Razon $41. billion (#3)
5) Manny Villar $4.1 billion (#4)
6) Tony Tancaktiong $3.8 billion (#6)
7) George Ty $3.3 billion (#7)
8) Ramon S. Ang $2.5 billion (#9)
9) Andrew Tan $2.5 billion (#8)
10) Lucio and Susan Co $1.4 billion (#10)
11) Robert Coyiuto Jr. $1.4 billion (#11)
12) Danding Cojuangco $1.3 billion (#12)
13) Bobby Ongpin $1.3 billion (#13)
See related story: