Heirs of the late mall tycoon Henry Sy Sr. continued to dominate the list of Philippines’ richest in the latest round of ranking by Forbes magazine. The Sy siblings raked in a combined $12.6 billion in net worth to top Forbes’ list of Philippines’ 50 richest, though their combined wealth dropped by $4 billion compared to a year ago. The Philippines’ top richest saw their combined wealth drop by $7 billion to $72 billion from $79 billion last year. 4 are the Gokongwei siblings, children of the late tycoon John Gokongwei, with a net worth of $3.1 billion, down from $4 billion last year. DMCI Group’s Consunji siblings, ranked 6th with a net worth of $2.65 billion, rising seven spots compared to last year’s 13th.

Source: Forbes August 11, 2022 20:27 UTC