Bloomberry Resorts chairman and CEO Enrique Razon Jr. has topped Forbes Asia’s 2026 list of the Philippines’ 50 richest people and families, with an estimated net worth of $21.8 billion.
It is the first time Razon has led the annual ranking since he first appeared on the list in 2007.
The ports and casino entrepreneur added $10.3 billion to his fortune from last year, making him the list’s largest gainer in dollar terms. He overtook the Sy siblings, who had occupied the top position in 2025.
Razon’s increase was mainly driven by International Container Terminal Services Inc. (ICTSI), where he serves as chairman and president. Shares in the ports operator more than doubled over the past year, making it the Philippines’ most valuable publicly traded company, according to Forbes.
His Bloomberry Resorts developed and operates Solaire Resort Entertainment City in Parañaque and Solaire Resort North in Quezon City. The latter opened in May 2024.
The Sy siblings fell to second place after their combined wealth declined by $2.6 billion to $9.2 billion. Their fortune is derived mainly from stakes in SM Investments and property developer SM Prime Holdings.
The family also has gaming interests through Belle Corp and its subsidiary Premium Leisure Corp. City of Dreams Manila, operated by a unit of Melco Resorts & Entertainment, was developed in cooperation with Premium Leisure.
Real estate businessman and would-be casino operator Manuel Villar fell from third to ninth place. His net worth plunged by $8.6 billion to $2.4 billion.
Villar has plans for a casino and theme park in southern Metro Manila. His group has yet to launch gaming operations, after dropping plans last year to bring in a foreign partner for the casino project.
Lance Gokongwei and his siblings ranked 13th with a combined fortune of $1.9 billion. Gokongwei stepped further into gaming in June, investing PHP2.03 billion ($33 million) of his personal wealth in gaming technology provider PhilWeb, and was elected to its board the following month. The Gokongwei Group’s gaming interests also include NUSTAR Resort and Casino in Cebu, operated by Universal Hotels and Resorts Inc.
In 14th place was Andrew Tan, chairman of Alliance Global Group, Inc., with an estimated net worth of $1.8 billion. Alliance Global wholly owns Travelers International Hotel Group, the operator of Newport World Resorts near Manila’s international airport.
DigiPlus Interactive chairman Eusebio Tanco ranked 20th with a fortune of $735 million, down from $1.1 billion and 18th place last year.
DigiPlus operates the BingoPlus, ArenaPlus and GameZone digital gaming platforms. Forbes said the company’s shares had halved over the past year after restrictions removed links to gaming platforms from electronic wallets.
The combined wealth of the Philippines’ 50 richest fell 8 percent to $79 billion. Forbes based the rankings on stock prices and exchange rates at the close of markets on July 17th, 2026.
