Sy siblings still PHL’s richest even as wealth drops by $4B - BusinessWorld Online

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THE SY SIBLINGS remained the richest in the Philippines, despite a $4-billion drop in their net worth in 2022, according to Forbes Asia. READ:

THE SY SIBLINGS remained the richest in the Philippines, despite a $4-billion drop in their net worth in 2022, according toThe combined wealth of 50 tycoons in the Philippines dropped by 9% to $72 billion this year, from $79 billion a year ago, as the economy continued to recover from the impact of the coronavirus pandemic.said in a statement on Thursday.

Topping the list of the Philippines’ 50 richest people are the six Sy siblings, namely Teresita, Elizabeth, Henry Jr., Hans, Herbert and Harley. The third richest Filipino is Enrique K. Razon, Jr., chairman and president of International Container Terminal Services, Inc., whose net worth slipped to $5.6 billion, from $5.8 billion a year ago.

 

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