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LIST: Philippines’ richest women and their net worths in 2024, according to Forbes

Published Aug 09, 2024 3:02 pm Updated Aug 09, 2024 4:00 pm

These women surely know their way around their money.

Forbes has recently released its annual list of the Philippines' richest, with 26 women declared as billionaires.

Some inherited their fortune from their parents, while others have worked their fingers to the bone to become the women that they are now.

Here’s a list of the country’s richest women and their net worth and business interests, according to Forbes.

Sy sisters Teresita and Elizabeth
Teresita Sy-Coson (left) and Elizabeth Sy (right)

Net worth: $13 billion (P745 billion)

Source of wealth: diversified, comprised largely of stakes held in the group's publicly traded SM Investments and SM Prime

Consunji sisters Josefa, Luz, Maria, and Cristina
Josefa Consuelo Reyes (top left), Luz Consunji (top right), Maria Edwina Consunji (bottom left), and Maria Cristina Consunji (bottom right)

Net worth: $3.4 billion (P195 billion)

Source of wealth: construction, wealth stems from DMCI Holdings, which is one of the Philippines' largest property developers

Susan Co
Susan Co

Net worth: $2.3 billion (P132 billion)

Source of wealth: fashion and retail, chairman of Puregold Price Club, a chain of hypermarkets and supermarkets they cofounded in 1998

Gokongwei siblings Robina, Lisa, Faith, Hope, and Marcia
Hope Gokongwei (top left), Faith Gokongwei (bottom left), Robina Gokongwei-Pe (top right), Marcia Gokongwei (center right), and Lisa Gokongwei-Cheng (bottom right)

Net worth: $1.9 billion (P108 billion)

Source of wealth: diversified, derived largely from stakes held in JG Summit that has interests in airlines, telecom, banking, food, power and property; Robina is chief executive of Robinsons Retail

Ty sisters Alesandra and Anjanette
Alesandra Ty (left) and Anjanette Ty Dy Buncio (right)

Net worth: $1.85 billion (P106 billion)

Source of wealth: finance and investments, comprised of stakes held in the publicly listed GT Capital and Metropolitan Bank & Trust

Vivian Que Azcona
Vivian Que Azcona

Net worth: $1.7 billion (P97 billion)

Source of wealth: fashion and retail, president of Mercury Drug, a leading drugstore chain in the Philippines

Soledad Oppen-Cojuangco
Soledad Oppen-Cojuangco with husband Eduardo Cojuangco Jr.

Net worth: $1 billion (P57 billion)

Source of wealth: diversified, inherited her fortune from her late husband Eduardo Cojuangco, who chaired San Miguel until his death in 2020

Jocelyn Campos
Jocelyn Campos

Net worth: $940 million (P53 billion)

Source of wealth: healthcare, one of the heirs to Unilab, which now has over 350 brands of prescription and over-the-counter products; Jocelyn's son Clinton runs Unilab and Greenfield Development, the clan's real estate arm

Maria Grace Uy
Maria Grace Uy (Converge)

Net worth: $920 million (P52 billion)

Source of wealth: telecom, co-founder of Converge ICT Solutions, one of the Philippines' largest operators of high-speed internet

Josephine Gotianun
Josephine Gotianun

Net worth: $805 million (P46 billion)

Source of wealth: diversified, vice chairman of Filinvest Development, one of the Philippines' leading conglomerates with interests in property, banking, sugar and power

Betty Ang
Betty Ang

Net worth: $720 million (P41 billion)

Source of wealth: food and beverage, president and cofounder of Monde Nissin, one of the Philippines' largest food manufacturers

Yuchengco siblings Helen, Yvonne, Mona Lisa, and Annabelle
Helen Yuchengco Dee (top left), Mona Lisa Yuchengco (top right), Annabelle Yuchengco (bottom left), and Yvonne Yuchengco (bottom right)

Net worth: $370 million (P21 billion)

Source of wealth: diversified, Helen is president of privately held Yuchengco Group of Companies, one of the oldest Philippine conglomerates with interests in banking, construction and insurance, and chairs Rizal Commercial Banking Corp. and House of Investments

Sylvia Wenceslao
Sylvia Wenceslao

Net worth: $275 million (P15 billion)

Source of wealth: real estate, chairperson of D.M. Wenceslao & Associates, a Philippine real estate developer

Teresita Yujuico
Teresita Yujuico

Net worth: $175 million (P10 billion)

Source of wealth: real estate, has stakes in office landlord DDMP REIT, a subsidiary of tycoon Edgar Sia's property developer DoubleDragon

According to the report, the collective wealth of the country’s 50 richest nearly flatlined at $80.8 billion (P463 billion) from $80.4 billion (P461 billion) last year.

The full "Philippines' 50 Richest" list can be accessed on the Forbes website. The list was compiled using shareholding and financial information obtained from families and individuals, stock exchanges, analysts, and other sources, with the net worths based on stock prices and exchange rates as of the close of markets on July 19 this year.