Forbes magazine has just released its list of top 50 richest people in the Philippines.
Mall tycoon Henry Sy is still undisputed for the 6th straight year, with a $12 billion net worth - an increase of $2.9 billion from a year ago.
I'd like to point out that the numbers is in US Dollars! To put this in perspective $12 Billion is roughly PHP 516 Billion.. Damn! Let's stop and reflect for while. LOL!
So what do you think these guys have in common? =)
Here's the Forbes list of the richest people with their estimated net worth:
1) Henry Sy; US$12 billion
2) Lucio Tan; $7.5 billion
3) Andrew Tan; $4.6 billion
4) Enrique Razon Jr.; $4.5 billion
5) John Gokongwei Jr.; $3.4 billion
