Real estate tycoon Manny Villar.
PHOTO BY SUPPLIED
DUBAI – Philippine real estate tycoon Manny Villar has been named among the world’s top billionaires in Bloomberg’s Billionaires Index on Sunday (March 29).
Villar is the only Filipino among the 500 billionaires on the list. The self-made billionaire ranked 325 on the list.
The former politician has an estimated net worth of $5.16 billion. He is the chairman of Starmalls and Vista & Landscapes and also owns real estate developer Golden Bria.
He beat two UAE billionaires on the list, M.A Yusuff Ali, the chairman of Lulu Group International, who ranked 338 on the list with a net worth of $5.01 billion, and Al Ghurair Group founder Abdullah Al Ghurair, who landed on the 474th spot with a net worth of $3.85 billion.
Villar was the former speaker of the House and Senate president of the Philippines. The former vendor from Tondo in Manila made an empire on property development after losing his presidential bid in 2010.
He took over the spot of the Philippines’ wealthiest man, SM group founder Henry Sy Sr. after the latter’s death in January. ICA/Expat Media
1 Jeff Bezos (United States) – $117B
2 Bill Gates (United States) – $97.9B
3 Bernard Arnault (France) – $74.6B
4 Warren Buffett (United States) – $70.5B
5 Mark Zuckerberg (United States) – $60.2B
6 Larry Ellison (United States) – $55.6B
7 Steve Ballmer (United States) – $55.1B
8 Larry Page (United States) – $54.6B
9 Amancio Ortega (Spain) – $54.3B
10 Francoise Bettencourt Meyers (France) – $53.4B
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