1. SIBLINGS: The Sy siblings collectively earned $2.7 billion (Dh9.9 billion; 134.6 billion pesos) more in 2021, pushing up their total net worth to $16.6 billion. They are heirs to the property and diversified business empire built by the late Henry Sy Sr. Put together, the total wealth of the 50 richest Filipinos grew 30% to $79 billion (around P3.9 trillion) in the midst of the COVID-19 pandemic.
2. PROPERTY TYCOON: Former Senate President Manuel Villar Jr remains the richest individual in the Philippines, with an estimated net worth of $6.7 billion. Villar Jr. has been a Philippine Senator and the president of the Nacionalista Party. Villar was born to a middle class family in Tondo, an impoverished and densely-populated district of Manila. Villar is the chairman of Starmalls, one of Philippines largest mall operators, and Vista & Landscapes, the country’s largest homebuilder.
