Sy richer than Elon Musk; Villar, RSA biggest gainers; EKR youngest: 10 things you need to know about bilyonaryos on Forbes list
Bilyonaryo Henry Sy is the richest Filipino in the world for the 11th straight year, according to Forbes’ annual listing of the world’s top billionaires.
Here are some of the things you might want to know about how our bilyonaryos made the cut among the 2,208 billionaires on Forbes 2018 countdown of the richest humans on the planet:
1) Henry Sy is richer than Tesla’s Elon Musk ($19,9 billlion, rank 54) and Uniqlo’s Tadashi Yanai ($19.5 billion rank 55), Steve Jobs’ widow Laurene Powell Jobs ($18.8 billion, rank 58) and Samsung Chairman Lee Kun-Hee ($18.6 billion, rank 61).
2) As if the former shoe salesman wasn’t rich enough, his fortune in the last 12 months swelled by $7.3 billion which was more than the combined net worth of the bottom four bilyonaryos – Ramon Ang, Robert Coyiuto, Danding Cojuangco, and Bobby Ongpin.
3) Former Senate President Manny Villar is the biggest percentage gainer in terms of wealth appreciation among the Forbes bilyonaryos. With more time for his business since retiring from politics 2 years ago, Villar’s net worth doubled to $3 billion. San Migule big boss Ramon S. Ang was second with a 78 percent jump in his fortune to $2.5 billion. Ricky Razon’s wealth ballooned by 44 percent to $4.9 billion.
4) Villar was the top mover on the list as he jumped three places to seventh richest Filipino. Ricky Razon and Ramon Ang jumped two notches to third and ninth, respectively.
5) Metrobank’s George Ty had the biggest drop in rankings as he fell two places to sixth place this year.
6) Only Robert Coyiuto suffered a drop in net worth among the Forbes bilyonaryos as his fortune shrank by seven percent or $100 million to $1.4 billion.
7) Only 2 of the 12 bilyonaryos did not have change in net worth – John Gokongwei and Bobby Ongpin.
8) Only 12 Filipinos listed on the 2018 edition of the Forbes Billionaires’ list as the late construction David Consunji ($3.1 billion, rank 630 in 2017) and Mang Inasal founder Injap Sia ($1 billion, rank 1,940 in 2017) didn’t make the cut.
9) The 12 Filipinos on Forbes list have a collective net worth of $55.3 billion, up 34 percent from $41.4 billion in 2017. This is nearly double the Forbes average – the combined net worth of the world’s richest people reached $9.1 trillion, up 18 percent from $7.7 trillion last year.
10) Sy is the oldest bilyonaryo at 93 while Razon is the youngest at 58 years old. The average age of the top bilyonaryos is 73 years old.