Manny Villar increases wealth amid pandemic; hailed richest Pinoy by Forbes

Manny Villar increases wealth amid pandemic; hailed richest Pinoy by Forbes

- Manny Villar bagged the top spot as the richest Filipino in Forbes's list

- The real estate mogul has even increased his wealth amid the pandemic

- From a wealth of $5.6 billion, he further increased it and it is now pegged at $7.2 billion

- Out of the 2,755 billionaires in the world, 17 are Filipinos and Villar is at the top spot

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Manny Villar once more bagged the top spot for the third consecutive year, earning the distinction of being the richest Filipino as per Forbes's list.

Manny Villar increases wealth amid pandemic; hailed richest Pinoy by Forbes
Presidential candidate and business titan Manny Villar delivers a speech during the final campaign rally in Manila's north harbor on May 7, 2010. (Photo by ROMEO GACAD/AFP)
Source: Getty Images

According to data released by Forbes, the real estate tycoon is one of the 17 Pinoy billionaires and is considered as the richest among them with a wealth of $7.2 billion, a figure which increased from last year.

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Villar ranks 352nd richest, but last year, he was at 286th.

Other billionaires were Enrique Razon, Hans Sy, John Gokongwei, Tan Caktiong, Andrew Tan and a whole lot more, reported GMA News.

As to the world, it is still Jeff Bezos who hooked the top spot. His net worth is at $177 billion.

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Manuel "Manny" Bamba Villar Jr. is a Filipino billionaire businessman. He was a senator from 2001 to 2013. He also served as the Senate President from 2006 to 2008.

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Former Sen. Manny Villar is a self-made billionaire. He ranked 2nd as the richest person in the Philippines for 2018. Villar has established his wealth through different business ventures. His family owns Vista Land, Camella Homes and a whole lot more.

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Forbes has recently released their list of billionaires around the world - Manny Villar was named as the richest man in the Philippines - Villar was the one who succeeded the late Henry Sy Sr.

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