Fifteen Filipinos made it to the Forbes’ 39th annual World’s Billionaires list released late Tuesday.
Former senator Manny Villar led all the Filipinos in the roster, landing 117th with a net worth of $17 billion, the Forbes report said .
Villar is the chairman of property developer Vista Land & Lifescapes.
According to Forbes, Villar’s biggest asset is his stake in Golden MV Holdings (formerly Golden Bria), the developer building the Villar City, a 3,500-hectare master-planned community south of Manila.
Enrique Razon Jr., chairman of the International Container Services Inc. and whose net worth stood at $10.9 billion, ranked 227th.
Other Filipinos who made it to the list are Ramon Ang, $3.7 billion, 979th; Lucio Tan, $3 billion, 1,291th; Henry Sy Jr., $2.3 billion, 1,573rd; Hans Sy, $2.2 billion, 1,626th; Herbert Sy, $2.1 billion, 1,688th; Harley Sy and Teresita Coson-Sy, each worth $1.9 billion and tied at 1,850th; Elizabeth Sy, $1.7 billion, 2,019th; Andrew Tan, $1.6 billion, 2,110th; Lucio Co., $1.4 billion, 2,356th; Susan Co, $1.3 billion, 2,479th; and Tony Tan Caktiong, $1.3 billion, 2,479th.
The 3,028 billionaires featured in the list, the most since its inception in 1987, are collectively worth a record-breaking $16.1 trillion, Forbes said. That is up nearly $2 trillion over 2024.
The top spot went to Elon Musk, dethroning French luxury goods titan Bernard Arnault, now at No. 5 with $178 billion.
Forbes said Musk’s net worth grew by 75 percent to an estimated $342 billion and he is the first person to reach the $300-billion mark.
The report added that US President Donald Trump more than doubled his net worth to an estimated $5.1 billion, through his shares of Trump Media & Technology Group, and big cash inflows from his recent crypto ventures.