MONEY | FORBES: SM malls magnate Henry Sy still at the top of the Philippines' richest list

Mall and real estate tycoon Henry Sy retained the top spot in Forbes magazine's The Philippines 50 Richest List after having a net worth of $14.4 billion, as the value of his publicly listed conglomerates, SM Investments and SM Prime Holdings, increased by 17% and 20%, respectively over the past year. He ranks 73rd worldwide.

The complete list of the PH's richest dollar billionaires 2015 in the Forbes list is shown below:

1. Henry Sy - $14.4 billion

2. John Gokongwei - $5.5 billion

3. Andrew Tan - $4.5 billion 

4. Lucio Tan - $4.4 billion 

5. Enrique Razon Jr. - $4.1 billion

6. George Ty - $4 billion

7. Aboitiz family - $3.6 billion

8. Jaime Augusto Zobel de Ayala - $3.5 billion

9. Davin Consunji - $3.2 billion

10. Tony Tan Caktiong - $2.2 billion
11. Lucio and Susan Co - $1.7 billion
12. Roberto Coyiuto Jr. - $1.6 billion
13. Manuel Villar - $1.5 billion
14. Yap family - $1.4 billion
15. Alfredo Yao - $1.3 billion
16. Dean Lao - $1.1 billion
17. Oscar Lopez - $1 blllion

Earlier this year, I posted about the list of the 11 PH billionaires the country had for the year 2015. Here is a look-back on the list. 

1. Henry Sy - $14.2 billion

2. John Gokongwei - $5.8 billion

3. Enrique Razon Jr. - $5.2 billion

4. Andrew Tan $4.8 billion

5. Lucio Tan - $4.4 billion

6. Georg Ty - $4.4 billion

7. Davin Consunji - $4.1 billion

8. Tony Tan Caktiong - $2.7 billion

9. Lucio and Susan Co - $2.3 billion

10. Robert Coyiuto Jr. - $1.8 billion

11. Manuel Villar - $1.6 billion

The list has quite changed at the bottom half. It's possible that by the end of the year, the country will have more than 11 dollar billionaires.

BILLIONAIRES LIST: 11 billionaires in Forbes 2015 list, SM's Sy enters global top 100, Gokongwei is second richest Filipino

The Philippines has 11 dollar billionaires (at least 50 billion pesos) in this year's Forbes richest men list, and getting into the top spot of the PH billionaires list is no other than SM Group's 90-year-old patriarch Henry Sy with $14.2 billion (around 560 billlion pesos in net worth!).

Landing on second spot in the list of richest Filipinos is Cebu Pacific's John Gokongwei with $5.8 billion in net worth. Lucio Tan, who in the past was always second to Sy, dropped to 5th spot with $4.4 billion.

The complete list of PH dollar billionaires 2015 is found below:

1. Henry Sy - $14.2 billion

2. John Gokongwei - $5.8 billion

3. Enrique Razon Jr. - $5.2 billion

4. Andrew Tan  $4.8 billion

5. Lucio Tan - $4.4 billion

6. Georg Ty - $4.4 billion

7. Davin Consunji - $4.1 billion

8. Tony Tan Caktiong - $2.7 billion

9. Lucio and Susan Co - $2.3 billion

10. Robert Coyiuto Jr. - $1.8 billion

11. Manuel Villar - $1.6 billion

Kris Aquino leads Top Individual Taxpayers 2011 list, top PH billionaires out of top 10

Popular actress-host Kris Aquino was revealed as the number one taxpayer in the Philippines according to the Bureau of Internal Revenue’s (BIR) list of Top 500 individual taxpayers in 2011.

Image, Data Courtesy: Inquirer, BIR

Kris paid a total of P49.87 million in taxes for 2011. Businessmen, other celebrities, and politicians also made it to the BIR’s roster of top individual taxpayers.

The top 20 taxpayers in the Philippines are as follows:

1 AQUINO KRISTINA BERNADETTE COJUANGCO - P49,871,657.37

2 REICHOW GREGORY DEANE - P38,196,685.00

3 BAJA JR LAURO LIBOON - P34,257,368.88

4 PANGILINAN MANUEL VELEZ - P25,992,131.86

5 MONTINOLA III AURELIO REYES - P24,472,645.10

6 ABLAZA GERARDO JR CINCO - P22,645,262.00

7 LHUILLIER PHILIPPE JONES - P21,645,000.00

8 ANGELES VICTOR MANGUERRA - P21,202,815.34

9 PANLILIO ROBERTO LAZATIN - P19,613,943.97

10 GOZON FELIPE LAPUS - P19,587,983.60

11 NGUYEN VINCENT THONG - P18,593,063.34

12 LHUILLIER JEAN HENRI DIAGO - P18,439,656.00

13 GAULT JOSEPH MITCHELL - P17,987,312.29

14 MENDOZA ESTELITO - P17,637,964.00

15 SY SR. HENRY - P16,582,952.00

16 VEA ORLANDO BANZON - P16,248,921.88

17 ROMANCZUK AGNIESZKA EWA - P16,062,048.76

18 JANSEN ANTHONIE - P14,851,304.45

19 SOTTO MARVIC CASTELO - P14,728,940.14

20 ESPINOSA RAY CELIS - P14,483,402.44

It may be noted that Kris beat the Philippines' richest billionaire Henry Sy in taxes who paid at least a third of what Kris paid last 2011, an amount totaling P16,582,952.00. PLDT chairman Manuel V. Pangilinan (MVP) was the fourth highest taxpayer with P25.99 million, while Aurelio Montinola III, president and CEO of Bank of the Philippine Islands, followed with P24.47 million.

At sixth place was Gerardo Ablaza, Manila Water president, who paid P22.65 million. Philippine Ambassador to Portugal Philippe Lhuillier was seventh with P21.65 million, who then preceded Victor M. Angeles who paid taxes of P21.2 million.

Completing the Top 10 individual taxpayers list for 2011 were Roberto L. Panlilio of JP Morgan Chase & Co. (ninth, P19.61 million) and GMA Network chairman and CEO Felipe L. Gozon (10th, P19.59 million).

11 Filipino billionaires in Forbes 2013 list, mall tycoon Henry Sy leads

As the economy and stock market of the Philippines progressed and outperformed others, 11 Filipinos made it to the Forbes Magazine 2013 global billionaires' list, with five more Filipino billionaires added from a total of six last year.

Number 1 Filipino tycoon and business magnate Henry Sy, and his family, ranked 68th on the list with a net worth of $13.2 billion as of March 2013.

"The Philippines' richest man Henry Sy saw his fortune swell by more than $5 billion as shares of his holding firm SM Investments, the country's most valuable company, surged by over 50 percent, fueled by reports that it may merge its property units," Forbes said.

Lucio Tan, owner of tobacco, alcohol, airline and real estate firms, and his family ranked second in the Filipino billionaires list with a net worth of $5 billion. 

The new members of the billionaires' list are this year are Consunji and family, Ty and family, the Co couple, Coyiuto, Tan Caktiong and family, and Gotianun and family. 

Meanwhile, the biggest gainer title goes to Enrique Razon who debuted in the billionaires list just last year. Razon, owner of International Container Terminal Services (ICTS) which purchased various ports worldwide, saw his wealth hike by over $3 billion after Bloomberry Resorts,  his hotel and casino venture, joined the Philippine Stock Exchange.

The names and ranks of the Filipino billionaires worldwie in 2013 are as follows:

1. No. 68 - Henry Sy ($13.2 billion)

2. No. 248 - Lucio Tan ($5 billion)

3. No. 258 - Enrique Razon Jr. ($4.9 billion)

4. No. 345 - Andrew Tan ($3.95 billion)

5. No. 503 - David Consunji and family ($2.8 billion)

6. No. 554 - George Ty and family ($2.6 billion)

7. No. 736 - Lucio and Susan Co ($2 billion)

8. No. 931 - Robert Coyiuto, Jr. ($1.6 billion)

9. No. 1031 - Tony Tan Caktiong and family ($1.4 billion)

10. No. 1175 - Andrew Gotianun and family ($1.2 billion)

11. No. 1175 - Roberto Ongpin ($1.2 billion)

Forbes noted that all the 1,426 billionaires of the world saw an increase in its aggregate net worth from $4.6 trillion to $5.4 trillion, which is roughly near (hundreds of billions in dollars) the gross domestic product (GDP) of Japan or the GDPs of France and Brazil combined in 2011.

Together, the net worth of the Philippine billionaires this year totaled to $39.85 billion, around 16.75 percent of the Philippine economy in 2012.

Record 11 Filipino billionaires in 2011 -Forbes

MANILA, Philippines—The Philippines’ billionaires’ list holds a new record, supported by a booming stock market, with the combined wealth of the 40 richest also reaching a high shoot up, Forbes.com said Thursday.

The billionaires' list includes indisputable Shopping mall tycoon Henry Sy, 86, who saw his assets surge 44 percent to $7.2 billion over the past year, the website said.

Still keeping his spot at number-two, Lucio Tan, 77, tobacco tycoon and former crony of the late dictator Ferdinand Marcos, saw a net of $2.8 billion. Meanwhile, budget airline king John Gokongwei, 83, remained third-richest with $2.4 billion.

Property developer Andrew Tan, 58, became the country’s fourth-wealthiest man with $2 billion.

“The Philippines’ economy grew only 4.9 percent in the first quarter of the year… off from 8.4 percent in 2010, but the country’s stock market is booming,” Forbes said, explaining the surge.

“The stock exchange’s composite index is up 27 percent since last year, surpassing its 2007 benchmark.”

This also lifted the combined fortunes of the country’s 40 richest to an all-time high $34 billion, up from last year’s $22.8 billion, the website reported.

Among the six new billionaires are construction magnate David Consunji, 90, and port operator Enrique Razon, at 51 the youngest Filipino with 10-figure assets.

The others are San Miguel Corp. chairman Eduardo Cojuangco, 76, former finance minister Roberto Ongpin, 74, banker George Ty, 78, and hamburger king Tony Tan Caktiong, 58, of the Jollibee restaurant chain.

Ongpin, a key San Miguel shareholder, was the biggest gainer as his wealth increased more than four-fold to become ninth-richest at $1.3 billion, owing mostly to his other investments in a listed gold mining firm.

Jaime Zobel de Ayala, 77, former head of top conglomerate Ayala Corp., slid two rungs to sixth-richest but his fortune still grew 35.71 percent to $1.9 billion.

The youngest on this year’s Filipino richest list was Edgar Sia, a 34-year-old college dropout now worth $85 million after selling his majority stake in the chicken-barbecue restaurant chain Mang Inasal to Jollibee.

-with reports from Inquirer.net and Forbes