Forbes magazine has just released its 2012 list of the 40 richest people in the Philippines. SM tycoon Henry Sy retained his spot as the country's richest person with an impressive net worth of $9.1 billion.
Henry Sy was followed by Lucio Tan with a net worth of $4.5 billion. Enrique Razon Jr. made a big leap from last year's top 7 appearance with $1.6 billion to the country's 3rd richest man with a whooping $3.6 billion, surpassing John Gokongwei Jr. who now ranked 4th.
 |
| Enrique Razon, head of ICTSI, the Philippine port-handling giant (Image credit: AFP/Getty Images via @daylife) |
Here is the complete list of Forbes 40 richest people in the Philippines (2012):
1) Henry Sy - $9.1 billion (SM Prime)
2) Lucio Tan - $4.5 billion (Phillip Morris Fortune Tobacco)
3) Enrique Razon Jr. - $3.6 billion (International Container Terminal Services)
4) John Gokongwei Jr. - $3.2 billion (JG Summit)
5) David Consunji - $2.7 billion (DMCI)
6) Andrew Tan - $2.3 billion (Alliance Global)
7) Jaime Zobel de Ayala - $2.2 billion (Ayala Corp.)
8) George Ty - $1.7 billion (Metropolitan Bank)
9) Roberto Ongpin - $1.5 billion (Atok-Big Wedge)
10) Eduardo Cojuangco Jr. - $1.4 billion (San Miguel)
11) Roberto Coyiuto Jr. - $1.3 billion (National Grid)
12) Tony Tan Caktiong - $1.25 billion (Jollibee Foods)
13) Lucio and Susan Co - $1.2 billion (Puregold Price Club)
14) Iñigo and Mercedes Zobel - $1.15 billion (Ayala Corp.)
15) Emilio Yap - $1.1 billion (Philtrust Bank)
16) Jon Ramon Aboitiz - $955 million (Aboitiz Equity Ventures)
17) Andrew Gotianun - $825 million (Filinvest Development)
18) Manuel Villar - $720 million (Vista Land and Lifescapes)
19) Beatrice Campos - $700 million (Unilab)
20) Vivian Que Azcona - $690 million (Mercury Drug)
21) Alfonso Yuchengco - $570 million (Rizal Commercial Bank)
22) Mariano Tan Jr. - $420 million (Unilab)
23) Enrique Aboitiz - $400 million (Aboitiz & Co.)
24) Eric Recto - $365 million (Alphaland)
25) Jose Antonio - $300 million (Century Properties Group)
26) Gilberto Duavit - $270 million (GMA Network)
27) Menardo Jimenez - $265 million (GMA Network)
28) Frederick Dy - $260 million (Security Bank)
29) Manuel Zamora Jr. - $255 million (Nickel Asia)
30) Alfredo Ramos - $$250 million (Atlas Consolidated Mining and Development)
31) Oscar Lopez - $245 million (ABS-CBN)
32) Felipe Gozon - $240 million (GMA Network)
33) Betty Ang - $235 million (Monde Nissin)
34) Wilfred Uytengsu Jr. - $230 million (Alaska Milk)
35) Juliette Romualdez - $200 million (Banco de Oro)
36) Bienvenido Tantoco Sr. - $195 million (Rustan Commercial)
37) Jacinto Ng Sr. - $190 million (Rebisco)
38) Tomas Alcantara - $160 million (Alsons Consolidated Resources)
39) Michael Cosiquien - $150 million (Megawide Construction)
40) Edgar Sia II - $140 million (Mang Inasal)
