Enrique Razon Jr. becomes Philippines' richest person with $16.5 billion, topping Forbes 2026 list.

Enrique Razon Jr. tops the 2026 Forbes World’s Billionaires List as the richest Filipino with $16.5 billion, driven by growth in ports, logistics, and digital ventures. His net worth surged 51% from 2025, placing him 175th globally. Manuel Villar’s wealth plummeted to $3.1 billion amid a financial scandal involving Villar Land Holdings, dropping him to 1,376th. The Philippines had 15 billionaires on the list, including the Sy siblings, Lucio Tan, and Tony Tan Caktiong. Global billionaire wealth reached a record $20.1 trillion, with Elon Musk leading at $839 billion. Rankings were based on data as of March 1, 2026.