Two prominent bilyonaryo names have made a comeback to the latest 50 richest Filipinos list a year after failing to make the cut.
Erramon and Mikel Aboitiz got bumped off the list in 2021 but are now back on super-rich countdown but not as individuals but as part of their expanded clan.
Forbes ranked the Aboitiz family at No. 5 with a net worth of $2.9 billion (Erramon had a net worth of $50 million and Mikel with $135 million in 2021).
The Aboitizes were actually listed as one by Forbes from 2013 to 2016 as the family’s wealth peaked at $5 billion.
Another returnee is former Philippine Stock Exchange director Eusebio Tanco who came back strong with a net worth of $450 million or more than double his $250 million value in 2020.
Pawnshop king Philippe Jones Lhuillier ($220M million in 2021) and property and fast food tycoon Jorge Araneta ($215 million in 2021) were bumped off this year’s list.
Bilyonaryo couple Benedicto and Teresita Yujuico are at the back end of this year’s compilation with a net worth of $220 million.
Two bilyonaryos passed away and their heirs took over their seats among the super-rich.
Century Foods founder Ricardo Po, 90, passed away in October 2021. His sons – Ricardo Gabriel, Teodoro Alexander, Christopher and Leonardo Arturo – ranked No. 16 with net worth of $1.2 billion.
Property developer Delfin J. Wenceslao, 77, died in September 2021. His wife, Sylvia, is listed at No. 39 with a net worth of $340 million.