- Forbes has recently released the list of richest people in the Philippines
- This time, the Sy siblings landed to the top of the list
- The Ty siblings also made it to the list for the first time
For the first time this year, the Sy siblings made it to the top of the 2019 Forbes Philippine Rich List.
KAMI learned that the Sy siblings replaced Filipino tycoon and former Sen. Manny Villar at the top spot.
In a report by Forbes, the Sy siblings have a combined net worth of $17.2 billion. Their wealth stemmed from the family’s SM group.
The Sy siblings are the children of the late Henry Sy Sr. – Teresita, Elizabeth, Henry Jr., Hans, Herbert, and Harley.
Meanwhile, the Ty siblings of GT Capital also entered the list and landed at the 9th spot. The children of George Ty, Arthur, Alfred, Alesandra, and Anjanette have a combined net worth of $2.6 billion.
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Here is the list of the top 10 richest in the Philippines:
- Sy siblings - $17.2 billion
- Manuel Villar - $6.6 billion
- John Gokongwei Jr. - $5.3 billion
- Enrique Razon Jr. - $5.1 billion
- Jaime Zobel de Ayala - $3.7 billion
- Lucio Tan - $3.6 billion
- Tony Tan Caktiong - $3 billion
- Ramon Ang - $2.8 billion
- Ty siblings - $2.6 billion
- Andrew Tan - $2.55 billion
In a previous report by KAMI, Villar was the richest man in the Philippines during the first quarter of 2019. He had a net worth of $5.5 billion.
Henry Sy Sr. passed away last January 2019 at the age of 94. He was the richest man in the Philippines for 11 consecutive years.
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