Here are the richest Filipino billionaires in the world this year, based on Forbes’ list of 2,781 names
There are now more billionaires in the world than ever before, according to Forbes, with this year’s number reaching 2,781—a significant increase of 141 compared to 2023. They are also wealthier than ever, with a combined worth of US$14.2 trillion, marking a US$2 trillion increase from the previous year.
Richest of all is Bernard Arnault, who ranked No. 1 for the second consecutive year. With LVMH, the firm that owns Louis Vuitton, Tiffany & Co., and Sephora, having another record year, the French tycoon in the luxury goods industry is predicted to be worth $233 billion—$22 billion more than in 2023.
Tesla CEO Elon Musk placed second, with an estimated net worth of US$195 billion. He is followed by Amazon CEO Jeff Bezos, who placed third, with a US$194 billion net worth.
Among them are 15 Filipinos who amassed US$48.2 billion (around PHP2.7 trillion) as their companies thrived during the post-pandemic recovery. Forbes calculated their net worth using stock prices and exchange rates on March 8.
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Tatler Asia’s Most Influential lister, Manny Villar, is the only Filipino to make Forbes’ elite top 200 billionaires worldwide, with an estimated net worth of US$11 billion. As the wealthiest person in the Philippines, Villar made his fortune in mass housing and retail.
