LIST: Top 10 richest in the Philippines 2020

PHILIPPINES - September 2020, while the pandemic still ongoing, business magazine Forbes reveals this year's updated list of top 10 richest people in the Philippines for 2020! There are still names have remained on the top list from last year and there are few new ones who made it into this updated list.

Find out who's out and who's not in this year's list of TOP 10 RICHEST PEOPLE in the PHILIPPINES:

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SY SIBLINGS

Position: Top 1
Renowned for: SM Malls
Net Worth: 13.9 Bllion
Source of Wealth: Diversified

MANUEL VILLAR

Position: Top 2
Renowned for: Camella Homes
Net Worth: 5.2 Bllion (USD)
Source of Wealth: Real Estate

ENRIQUE RAZON JR.

Position: Top 3
Renowned for: International Container
Terminal Services Inc.
Net Worth: 4.3 Bllion (USD)
Source of Wealth: Ports

LANCE GOKONGWEI & SIBLINGS

Position: Top 4
Renowned for: Robinson Malls
Net Worth: 4.1 Bllion (USD)
Source of Wealth: Food & Beverages

JAIME ZOBEL DE AYALA

Position: Top 5
Renowned for: Ayala Corporation
Net Worth: 3.6 Bllion (USD)
Source of Wealth: Diversified

ANDREW TAN

Position: Top 6
Renowned for: Alliance Global Group
Net Worth: 2.3 Bllion (USD)
Source of Wealth: Diversified

LUCIO TAN

Position: Top 7
Renowned for: Philippine Airlines
Net Worth: 2.2 Bllion (USD)
Source of Wealth: Diversified

RAMON ANG

Position: Top 8
Renowned for: San Miguel Corporation
Net Worth: 2 Bllion (USD)
Source of Wealth: Diversified

TONY TAN CAKTIONG

Position: Top 9
Renowned for: Jollibee
Net Worth: 1.9 Bllion (USD)
Source of Wealth: Food and Beverages

LUCIO & SUSAN CO

Position: Top 10
Renowned for: Puregold Price Club
Net Worth: 1.7 Bllion (USD)
Source of Wealth: Retail