Manuel Villar still richest Filipino in 2022 Forbes World’s Billionaires List

Filipino real estate tycoon and former politician Manuel Villar posed for a photo on his 72nd birthday. (PHOTO: Manny Vilar Facebook page)
Filipino real estate tycoon and former politician Manuel Villar posed for a photo on his 72nd birthday. (PHOTO: Manny Vilar Facebook page)

Real estate tycoon Manuel Villar has retained his position as the richest Filipino in the 2022 Forbes World’s Billionaires List, even as 19 of his compatriots made it to the list.

Villar also improved his ranking for the second year in a row, rising from 352nd last year to joint 263rd with a net worth of $8.3 billion (around P426.99 billion).

The former Senate president is the chair of property developer Vista Land & Lifescapes, known for its development of subdivisions, condominiums, malls, convenience stores and coffee chains.

Ports tycoon Enrique Razon Jr. also remains the second richest Filipino, ranked 369th with a net worth of $6.7 billion (around P343.77 billion).

Henry Sy Jr. of SM Investments and Andrew Tan of Alliance Global Group came in third at 1096th, with a net worth of $2.8 billion (around P144.06 billion). They were followed by the other Sy siblings Hans and Herbert, who both ranked 1196th worldwide with a net worth at $2.6 billion each (around P133.77 billion).

Other Filippinos who made it to the list include San Miguel Corporation president and CEO Ramon Ang (1513th, $2 billion), JG Summit’s Lance Gokongwei (1514th, $1.6 billion) and Jollibee Food’s Tony Tan Caktiong (2190th, $1.3 billion).

Overall, Tesla’s Elon Musk topped the list with a net worth of $219 billion.

For 2022, Forbes listed 2,668 billionaires around the world, who have a collective value of $12.7 trillion - $400 billion less than in 2021.

"The most dramatic drops have occurred in Russia, where there are 34 fewer billionaires than last year following Vladimir Putin’s invasion of Ukraine, and China, where a government crackdown on tech companies has led to 87 fewer Chinese billionaires on the list," noted Forbes.

Nevertheless, Forbes found more than 1,000 billionaires who are richer than they were a year ago.