International Container Terminal Services, Inc. CEO and Chairman Enrique Razon . Mark Demayo, ABS-CBN News
MANILA — Ports magnate Enrique Razon topped Forbes' list of 50 richest Filipinos in 2026.
Razon, who chairs the International Container Terminals Services Inc., saw his net worth climb to $21.8 billion or P1.32 trillion based on an exchange rate of $1 = P60.75.
"Unfazed by geopolitical tensions, he accelerated the global expansion of his listed International Container Terminal Services, which boosted its shares," Forbes said of Razon.
Meanwhile, the Sy siblings, the heirs of the late SM tycoon Henry Sy Sr., saw their net worth hit $9.2 billion. San Miguel Corporation Chairman Ramon Ang also saw his net worth reach $3.5 billion.
Fourth on the list were Puregold head honchos Lucio and Susan Co, with a net worth of $3.3 billion, followed by construction giants Isidro Consunji and siblings, who have a net worth of $3 billion.
Rounding out the top 10 are tobacco and spirits businessman Lucio Tan ($2.9 billion); Jaime Zobel de Ayala and family ($2.8 billion); the Que Azcona family, who owns Mercury Drug ($2.5 billion); real estate magnate and former senator Manny Villar ($2.4 billion); and the Ty siblings, the heirs of Metrobank founder George Ty ($2.3 billion).
Forbes said the collective wealth of the country’s wealthiest dropped to $79 billion from $86 billion last year, as the Philippine economy saw its lowest quarterly growth rate in the first 3 months of 2026.
Below is the full list of the 50 richest Filipinos:
1. Enrique Razon Jr. $21.8B
2. Sy siblings $9.2B
3. Ramon Ang $3.5B
4. Lucio & Susan Co $3.3B
5. Isidro Consunji & siblings $3B
6. Lucio Tan $2.9B
7. Jaime Zobel de Ayala & family $2.8B
8. Que Azcona family $2.5B
9. Manuel Villar $2.4B
10. Ty siblings $2.3B
11. Aboitiz family $2.2B
12. Tony Tan Caktiong & family $2B
13. Lance Gokongwei & siblings $1.9B
14. Andrew Tan $1.8B
15. Po family $1.6 B