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Still richest in the Philippines: Villar’s net worth surges to $11 billion this year
Former senator Manny Villar remains the richest person in the Philippines for 2024, with his net worth surging by 28% to an estimated $11 billion.
He improved his global ranking by 42 places to 190th worldwide, making him the highest-ranking Filipino and the only one in the top 200.
Villar's primary assets include stakes in Golden MV Holdings, VistaREIT, Vistamalls, AllHome, and AllDay Marts.
He is diversifying his business with new investments in free-to-air TV and plans to build a casino and a theme park in southern Metro Manila.
Businessman Enrique Razon is the second wealthiest Filipino with a net worth of $10 billion.
Ramon Ang secured the third spot among Filipinos with a net worth of $3.5 billion.
A total of 16 billionaires are from the Philippines, with ten seeing an increase in their net worth.
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