Global Ranking: #523

Net Worth: $5.7B

The country's leading terminal operator is the International Container Terminal Services helmed by Enrique Razon Jr. It has operations and subsidiaries in Eastern Europe, Africa, and the Americas; it is also the pioneer and leading innovator in the field of port management.

The Razon family's port business in Manila was started in 1916 by Ricky's grandfather; the business would later be rebuilt by his father after the devastating 1945 Liberation of Manila. In Ricky's hands, the business has transformed into the global giant that it is today. Meanwhile, hospitality firm Bloomberry Resorts Co.—with Solaire Resort and Casino as its crown jewel—continues to make waves in retail, restaurant, and entertainment businesses on top of its recent five-star recognition for the Sky Tower from Forbes.

Read More: Business Leader Enrique Razon Takes A Stand Against COVID-19 In The Philippines

Global Ranking: #1137

Net Worth: $2.9B

2018 Philippine Tatler Ball Diamond Awardee, Andrew Tan, chairs Alliance Global, which is involved in a wide range of industries, from food and beverage manufacturing to real estate and property development, hospitality, retail, leisure malls, and gaming entertainment. Alliance Global is also a major player in quick-service restaurants, primarily McDonald's Philippines through its subsidiary Golden Arches Development Corporation.

Read More: Alliance Global Group's Andrew Tan Shares How He Intends To Make A Lasting Impact In The World Of Business

Global Ranking: #1264

Net Worth: $2.7B

The late SM Investments founder Henry Sy's fourth child continues to beat his siblings on the list of Philippine billionaires. He stepped down in 2016 as president of SM Prime Holdings, a subsidiary of the largest conglomerate in the country yet remains its director. He is also active as the adviser of SM Investments and serves as chairman of both China Banking Corporation and National University.

Read More: Introducing Asia's Most Influential: The Impact List 2020

Global Ranking: #1267

Net Worth: $2.7B

Herbert Sy, second youngest of the six Sy siblings, serves as adviser of SM Investments and director of SM Prime Holdings. He is also actively involved in the SM group's supermarket operations as well as its investment arm.

Global Ranking: #1382

Net Worth: $2.5B

The fourth of the Sy siblings holds the position of executive director for SM Investments. The company has interests in retail, banking, property, and equity. Moreover, Harley serves as a director of China Banking Corporation and as an adviser of BDO Private Bank.

Global Ranking: #1382

Net Worth: $2.5B

The eldest son of the late Henry Sy serves as co-vice chairman of SM Investments and is chairman of SM Prime Holdings, the group's property development arm. They have interests in malls, residences, office spaces, hotels, and convention centres.

Global Ranking: #1404

Net Worth: $2.4B

One of the country's most well-known Filipino-Chinese business moguls, Lucio Tan lands on the 8th spot on the roster. He is the founder and chairman of the LT Group, which has interests in tobacco, spirits, banking, and property development. He started as a chemical engineer at Far Eastern University, where he sidelined as a janitor to pay for his college education. In 1982, Tan established Asia Brewery. Lucio Tan's business empire also includes air transport and aviation-related support services; they also have minority ownership and management control in a sugar milling company.

Global Ranking: #1412

Net Worth: $2.4B

One of the country's most influential female business leaders is the late Henry Sy's eldest child, Teresita Sy-Coson, who co-chairs SM Investments with brother Henry Jr. Her experience in their family business includes retail merchandising, mall development, and banking. She also serves as the chairperson of BDO Unibank.

Read More: 10 Business Women Shaping The Philippines

Global Ranking: #1465

Net Worth: $2.3B

Tony Tan Caktiong is the founder and chairman of Jollibee, one of the world's fastest-growing Asian restaurant chains. In 2018, it just opened its 37th store in the US not far from Times Square in New York. The quick-service restaurant chain humbly started as an ice cream shop in the '70s but grew more popular with its American diner choices. Today, Jollibee Foods Corporation also operates other restaurant franchises. With business partner Edgar Sia II, Caktiong also owns a stake in DoubleDragon Properties. 

Global Ranking: #1516

Net Worth: $2.2B

Ramon Ang is the president and vice chairman of one of the Philippines oldest existing conglomerates, San Miguel Corporation. Originally a major brewery company, San Miguel has become a leader in food and beverages, power, and infrastructure. Ang owns a substantial stake in Eagle Cement and Holcim Philippines, which have made tremendous growth in sales due to the county's focus on infrastructure in recent years. Having started as a car mechanic and sales agent for used Japanese cars and truck engines, Ang now sells aluminium wheels as a billionaire.

Read More: Visionary Leader Ramon Ang Talks About The Legacy He Would Like To Leave Behind

Global Ranking: #1575

Net Worth: $2.1B

The late Henry Sy's second child has served as an adviser in SM Investments since 2012 and is also actively involved in the group's tourism, leisure, and hospitality operations. She is the chairperson and president of SM Hotels and Conventions. Elizabeth's journey in the business started out as an assistant at her father's first hotel business, the Manila Royal Hotel, in the 1970s.

Global Ranking: #2162

Net Worth: $1.4B

In 1978, Ricardo Po Sr. founded Century Pacific, the country's premier exporter of private-label tuna products. The company also has a major stake in the fast-food chain Shakey's.

Global Ranking: #2546

Net Worth: $1.1B

Roberto Ongpin chairs Alphaland, a high-end property developer that has built luxury villas on Balesin Island and an international airport on Patnanungan Island. Alphaland also includes top-of-the-line properties in Makati City and Baguio City.

Global Ranking: #2571

Net Worth: $1.1B

The only son of the late John Gokongwei Jr took the reins of the JG Summit from his father. Being one of the largest conglomerates, JG Summit has interests in airlines, telecom, banking, food, power, and property. Its Robinsons Retail was started by his father as a department store in 1980 and is now one of the country's largest retailers.

Read More: The Life And Times Of Taipan And Philanthropist John Gokongwei Jnr

Global Ranking: #2591

Net Worth: $1.1B

The late prolific business tycoon Enrique Zobel (cousin of current Zobel de Ayala patriarch, Jaime) left his fortune to his family, including Iñigo, his son. Zobel (Iñigo) is the chairman of Top Frontier Investment Holdings, Inc. and a director of San Miguel Corporation. He has business interests in power, investments, real estate and property. He also serves as director of the Enrique Zobel Foundation, Calatagan Golf Club, Hacienda Bigaa, MERMAC, and more.