Monday 24 June
Jan 19, 2019 @ 14:14

Gokongwei, Villar in a dogfight for bragging rights as richest Filipino


Bilyonaryo John Gokongwei is now the richest Filipino following the death of Henry Sy, 94, on Saturday, January 19.

Sy – whose 60-year old empire owns the biggest conglomerate, bank, property, and retail firm in the Philippines – has been the richest Filipino for the last 11 years with a net worth of $20 billion in 2018. Sy has six children who run the family business.

But Gokongwei is just $100 million ahead of former Senator Manny Villar who stormed to the top rung of Forbes’ list of the richest Filipinos in 2018.

Based on Forbes’ real time ranking of the world’s top billionaires, Gokongwei, 92, ranked second behind Sy with $5.2 billion. Villar, 69, is a close third with $5.1 billion.

Here is a full list of of Forbes’ real time ranking as of January 19, 2019:

1) Henry Sy – $19 billion
2) John Gokongwei – $5.2 billion
3) Manny Villar – $5.1 billion
4) Ricky Razon – $4.5 billion
5) Tony Tan Caktiong $4.3 billion
6) Lucio Tan – $3.6 billion
7) Andrew Tan – $2.8 billion
8) Ramon S. Ang – $2.7 billion
9) Lucio Co – $1.8 billion
10) Robert Coyiuto, Jr. – $1.4 billion
11) Danding Cojuangco – $1.4 billion
12) Bobby Ongpin – $1.1 billion

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