Manny Villar tops Forbes' list of richest people in the PHL

Businessman and former senator Manny Villar was the Philippines' richest man, according to Forbes’ 2019 list of the World’s Billionaires, which was published on Tuesday.

Villar, who used to help his mother sell seafood at a public market in Manila, now has a net worth of $5.5 billion. He ranked 317th worldwide.

He chairs the mall operator Starmalls and the home-builder company Vista and Landscapes.

Second in the list was JG Summit founder John Gokongwei Jr. with a $5.1 billion net worth.

Enrique Razon Jr. landed on the third spot with a net worth of $4.8 billion. Razon chairs the International Container Terminal Services and owns the Solaire Casino and Resort.

Other names in the Forbes' list of the richest Filipinos included:

•     Lucio Tan ($4.4 billion)
•     Tony Tan Caktiong & family ($3.9 billion)
•     Ramon Ang ($2.9 billion)
•     Andrew Tan ($2.7 billion)
•     Hans Sy ($2.4 billion)
•     Herbert Sy ($2.4 billion)
•     Harley Sy ($2.2 billion)
•     Henry Sy Jr. ($2.2 billion)
•     Teresita Sy-Coson ($2.2 billion)
•     Elizabeth Sy ($1.9 billion)
•     Eduardo Cojuangco ($1.4 billion)
•     Roberto Coyiuto Jr. ($1.4 billion)
•     Ricardo Po Sr. & family ($1.2 billion)
•     Roberto Ongpin ($1.1 billion)

Meanwhile, Amazon founder and CEO Jeff Bezos is the richest man in the world, according to Forbes.

Bezos, with a net worth of $131 billion, topped the global list of billionaires for the second year in a row. — Dona Magsino/DVM, GMA News