Henry Sy, 13 Filipinos in Forbes 2017 list of world’s richest

BUSINESS tycoon Henry Sy once again made it to the Forbes’ list of the World’s Billionaires along with 13 other Filipinos.

Although his ranking slid because his $13.7 billion net worth in 2016 dropped to $12.7 billion, Sy maintained his ranking as the Philippines’ richest man, ranking 94th in Forbes’ 31st annual billionaires’ list.

Trailing Sy is John Gokongwei Jr. founder of JG Summit, whose ranking went up to 250 from last year’s 270 along with his net worth estimated at $5.8 billion.

Lucio Tan was the third richest Filipino with $3.7 billion net worth, $3 million lower than last year. He ranked No. 501 in the Forbes’ list.

Other Filipino businessmen who made it in the list were George Ty (No. 544, $3.5 billion), Enrique Razon Jr. (No. 564, $3.4 billion), Tony Tan Caktiong (No. 564, $3.4 billion), David Consunji (No. 630, $3.1 billion), Andrew Tan (No. 814, $2.5 billion), Robert Coyiuto Jr. (No. 1376, $1.5 billion), and former senator Manny Villar (No. 1376, $1.5 billion).

Ramon Ang of San Miguel Corporation is at No. 1468 with $1.4 billion, and Eduardo Cojuangco at No. 1678.
Former trade minister Robert Ongpin was ranked No. 1795 with $1.1 billion net worth.

Edgar Sia of DoubleDragon Properties was the youngest Filipino to be included in this year’s list, landing at the 1940th place with a net worth of $1 billion.

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