The highly anticipated Forbes World’s Billionaires List for 2025 has been released, and this year, 15 Filipino billionaires have secured a spot. With fortunes spanning real estate, retail, banking, and digital entertainment, these tycoons continue to shape the Philippine economy. The rankings highlight Manny Villar as the wealthiest Filipino, followed by Enrique Razon and Ramon Ang. Notably, Eusebio Tanco made his debut on the list, marking a significant milestone in the digital sector.
TOP FILIPINO BILLIONAIRES IN 2025
1. Manny Villar – $17.2 Billion
Former senator and real estate magnate
Founder of Vista Land & Lifescapes
Wealth increased from $11 billion in 2024 to $17.2 billion
Ranked 117th globally
2. Enrique Razon – $10.9 Billion
Ports and gaming tycoon
Chairman of International Container Terminal Services, Inc. (ICTSI)
Ranked 227th globally
3. Ramon Ang – $3.7 Billion
President of San Miguel Corporation
Ranked 979th globally
OTHER FILIPINO BILLIONAIRES AND THEIR NET WORTH
Lucio Tan – $3 billion (1219th globally)
Henry Sy Jr. – $2.3 billion (1573rd globally)
Hans Sy – $2.2 billion (1626th globally)
Herbert Sy – $2.1 billion (1688th globally)
Harley Sy & Teresita Sy-Coson – $1.9 billion (1850th globally)
Elizabeth Sy – $1.7 billion (2019th globally)
Andrew Tan – $1.6 billion (2110th globally)
Lucio Co – $1.4 billion (2356th globally)
Susan Co & Tony Tan Caktiong – $1.3 billion (2479th globally)
Eusebio Tanco – $1.2 billion (2623rd globally) – Newcomer
WHAT CONTRIBUTED TO THEIR WEALTH?
Real Estate and Retail Empire
The Sy family continues to dominate the industry through SM Prime, SM Investments, and Banco de Oro (BDO).
Manny Villar’s Vista Land and Golden MV Holdings saw substantial growth in 2025.
Banking and Investments
Lucio Tan’s LT Group, which includes Philippine National Bank and PAL, played a key role in his increasing net worth.
Enrique Razon’s ICTSI remains a global leader in port operations.
Digital and Gaming Expansion
Eusebio Tanco made his debut due to the massive growth of DigiPlus Interactive, which tripled its earnings in 2024.
Tony Tan Caktiong’s Jollibee Foods Corporation expanded its global footprint significantly.
TRENDS IN 2025’S BILLIONAIRES LIST
Growth of digital industries: The rise of digital entertainment and gaming has paved the way for newcomers like Tanco.
Sustained dominance in real estate and retail: The Sy family, Villar, and Co siblings maintain their market control.
Global competition: Elon Musk reclaimed the top spot worldwide, while the U.S. led in the number of billionaires (902), followed by China (450) and India (205).
The 2025 Forbes Billionaires List reaffirms the dominance of established tycoons while highlighting the rise of digital industry players. With sustained economic growth and global expansion, Filipino billionaires continue to strengthen their financial influence.
