Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
Forbes: Henry Sy is still PH top billionaire; Jeff Bezos is world's richest
Forbes: Henry Sy is still PH top billionaire; Jeff Bezos is world's richest
ABS-CBN News
Published Mar 07, 2018 02:23 AM PHT
|
Updated Mar 07, 2018 02:55 PM PHT
Henry Sy. File Photo
MANILA - Shopping mall tycoon Henry Sy is still the Philippines' richest man while Amazon.com founder Jeff Bezos seized the top spot for the first time, Forbes Magazine said Tuesday.
Sy has a net worth of $20 billion (P1 trillion), nearly double from last year's $12.7 billion, and ranked 52nd worldwide. Sy has led the country's billionaires for 10 years in a row.
Bezos' seized the top spot from Microsoft founder Bill Gates this year with a net worth of $112 billion. Gates placed second with a net worth of $90 billion.
Tycoon John Gokongwei of the JG Summit group and family ranked second in the Philippines and 305th worldwide with $5.8 billion.
ADVERTISEMENT
Enrique Razon, who owns Solaire Casino and Resort, was third in the Philippines and 404th worldwide with $4.9 billion.
According to Forbes, Asia Pacific has the most billionaires at 827, followed by the United States at 585 and Europe at 559.
A record 2,208 billionaires made this year's list, with a collective net worth of $9.1 trillion, up from $7.7 trillion last year.
ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.
Our website is made possible by displaying online
advertisements to our visitors. Please consider supporting
us by disabling your ad blocker on our website.
Our website is made possible by displaying online
advertisements to our visitors. Please consider supporting
us by disabling your ad blocker on our website.
