Shopping mall tycoon Henry Sy and his family remained the richest in the Philippines for the seventh
consecutive year, while four newcomers have entered the Forbes Philippines Richest List.
Meanwhile, the Forbes Rich List welcomed seven newcomers, like Araneta group chairman Jorge Araneta, who ranks 24th with a net worth of $505 million.
Carlos Chan, who heads Oishi snacks maker Liwayway Marketing Corp., ranks 25th with net worth of $500 million.
Meanwhile, the Forbes Rich List welcomed seven newcomers, like Araneta group chairman Jorge Araneta, who ranks 24th with a net worth of $505 million.
Carlos Chan, who heads Oishi snacks maker Liwayway Marketing Corp., ranks 25th with net worth of $500 million.

