Forbes Releases 2008 List of the Philippines Richest
The latest list of the Philippine’s richest families and individuals has been released by Forbes Asia. Topping the list is Henry Sy and family, with an estimated worth of $3.1 billion. Last year’s richest, Jaime Zobel de Ayala & family, dropped to third this year, due to losses in the stock of their flagship Ayala Corp.
2008’s Richest Filipinos are:
1. Henry Sy & family; US$3.1 billion
2. Lucio Tan & family; $1.5 billion
3. Jaime Zobel de Ayala & family; $1.2 billion
4. Andrew Tan; $700 million
5. Tony Tan Caktiong & family; $690 million
6. John Gokongwei Jr. & family; $680 million
7. Eduardo Cojuangco Jr.; $610 million
8. Enrique Razon Jr.; $525 million
9. George Ty & family; $435 million
10. Inigo & Mercedes Zobel; $430 million
Read the article in Forbes Asia
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