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Manny Villar tops list of Filipino...

Razon has a net worth of $7.3 billion, according to Forbes. San Miguel Corp. (SMC) president Ramon Ang, with a fortune of $3.4 billion, is the country’s third richest man in the country.

SMC is one of the country’s largest conglomerates with interests spanning food and beverage, energy and infrastructure.

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Henry Sy Jr., vice chair of property, banking and retail conglomerate SM Investments Corp., is the country’s fourth richest man with a net worth of $2.5 billion.

Sy, whose sisters and bothers are also part of the Forbes rich list, is the chair of Synergy Grid & Development Phils Inc., which controls the country’s power transmission operator, National Grid Corp. of the Philippines.

He shares the No. 4 spot with Andrew Tan, founder of conglomerate Alliance Global Group, a property, beverage, gaming and fast food holding company.

Siblings Hans Sy and Herbert Sy, who each have a net worth of $2.4 billion, occupy the No. 5 spot in the Forbes rich list.

Hans was the longtime president of property giant SM Prime Holdings, where he remains a director, and serves as adviser of SM Investments, chair of China Banking Corp. and chair of National University.

Hebert is also an adviser of SM Investments and plays an active role in the group’s supermarket operations.

Sharing the No. 5 spot is taipan Lucio Tan with a net worth of $2.4 billion.

Tan is the owner of Philippine Airlines, the country’s flag carrier, and chair of LT Group, a conglomerate with interests in tobacco, spirits, banking and real estate.

Siblings Harley Sy and Teresita Sy-Coson, each with a net worth $2.2 billion, shared the No. 6 spot on the list.

Harley is the former president of SM Investments, where he remains executive director. He is also a director of China Bank, an adviser of BDO Private Bank and co-vice chair of SM Retail.

Teresita, eldest child of the late taipan and SM Group founder Henry Sy Sr., is the vice chair of SM Investments and chair of BDO Unibank, the country’s biggest lender.

Their sister Elizabeth Sy, occupying the No. 7 spot, has a net worth of $1.9 billion.

Elizabeth is an adviser of SM Investments and plays an active role in the group’s tourism, leisure and hospitality operations. She is the current chair and president of SM Hotels and Conventions.

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