By Alexandria Grace C. Magno, Reporter
Ports and casino tycoon Enrique K. Razon, Jr. saw his net price surge over 50% to $16.5 billion, making him the richest Filipino on the Forbes 2026 World’s Billionaires List.
In keeping with the Forbes list, there have been 15 billionaires from the Philippines, led by Mr. Razon.
Mr. Razon climbed 52 spots to a hundred and seventy fifth out of three,428 billionaires in the worldwide list, which was topped by tech mogul Elon Musk. He was the one Filipino in the highest 200 billionaires on the earth.
Based on Forbes’ estimates as of March 10, Mr. Razon’s net price stood at $16.5 billion, 51.38% higher from $10.9 billion a 12 months earlier.
Mr. Razon is the chairman of International Container Terminal Services Inc. (ICTSI), the Philippines’ largest ports operator by revenue, with subsidiaries across the Asia-Pacific, Eastern Europe, Africa, and the Americas.
His Bloomberry Resorts opened a second Solaire casino in Metro Manila in 2024, while he increased infrastructure investments by acquiring control of Manila Water and has stakes in a gas field and bulk water facilities.
Ramon S. Ang, chairman and chief executive officer of conglomerate San Miguel Corp. (SMC), ranked 1189th on the Forbes list with an estimated net price of $3.6 billion. His wealth slipped by 2.7% from $3.7 billion a 12 months ago.
LT Group, Inc. Chairman Lucio C. Tan landed on the 1223rd spot, along with his net price up by 16.67% to $3.5 billion from $3 billion a 12 months earlier.
Property tycoon and former Senate President Manuel B. Villar, Jr. fell 1259 spots to 1376th place from 117th place a 12 months ago. Last 12 months, he was the best rating Filipino within the Forbes billionaire’s list. His estimated net price plunged by 81.98% to $3.1 billion, from $17.2 billion last 12 months.
The World’s Billionaires List also included the six children of the late Henry Sy, Sr., who founded the SM Group.
Henry T. Sy, Jr. was ranked 1,676th with a net price of $2.5 billion, followed by Hans T. Sy at 2,274th place with $1.8 billion, Herbert T. Sy at 2,274th as well with $1.8 billion, Harley T. Sy at 2,386th with $1.7 billion, Teresita T. Sy-Coson at 2,481st with $1.6 billion, and Elizabeth T. Sy at 2,600th with $1.5 billion.
Alliance Global Group, Inc. Chairman Andrew L. Tan landed on 2,386th place with a $1.7 billion net price.
Puregold Price Club founder Lucio L. Co ranked 2,481st with a $1.6-billion net price, while his wife Puregold Chairman Susan P. Co was at 2,600th place with a $1.5-billion net price.
Tony Tan Caktiong, chairman of fast food giant Jollibee Foods Corp., ranked 3,185th with a $1.1-billion net price.
Gaming, education, and shipping tycoon Eusebio H. Tanco landed on the three,332nd spot with a $1-billion net price. He’s the chairman of DigiPlus Interactive Corp. and STI Education Systems Holdings, Inc.
This 12 months’s Forbes Billionaires list features a record 3,428 entries, up 400 from last 12 months’s high and the most important because it began in 1987.
The overall wealth of the world’s billionaires surged to $20.1 trillion this 12 months from $16.1 trillion in 2025, with 20 people worldwide now holding 12-figure fortunes.
Mr. Musk topped the list for the second 12 months running because the richest billionaire, with a net price of $839 billion.
The Forbes World’s Billionaires List used stock prices and exchange rates from March 1, 2026.