When it comes to the members of the upper echelon, family is key. Much of the second generation of the world’s richest is honed to take on the mantle, and the Philippines’ billionaires are no exception.
These days, the business scene is no longer a man’s world. Helming the next-gen of conglomerates–and those forging their own path–may be the women of the family, as these heiresses prove. Below, get to know some of the daughters of the richest Filipinos in 2024.
The Heiresses of the Philippines’ Richest Billionaires in 2024
1. Camille Villar
Parent: Manuel “Manny” Villar
Camille Villar is the youngest and only daughter of former Senate President Manuel “Manny” Villar and Sen. Cynthia Villar. Her father Manny is ranked as Forbes’ richest in the Philippines for 2024 courtesy of their background in real estate, which garnered the Villar patriarch a net worth of $11 billion. This landed him a spot at 190th out of 2,781 billionaires around the globe.
His daughter Camille plays a role in the family businesses, as she manages the retail operations of the Villar group with AllValue as its president and CEO. The 39-year-old also serves in public office as a Deputy Speaker and District Representative of Las Piñas City.
2. Katrina Razon
Parent: Enrique Razon Jr.
At the second spot of the Philippines’ richest is Enrique Razon Jr., ranking at 224 with a $10 billion net worth. The billionaire, who chairs the country's leading ports operator International Container Terminal Services (ICTSI), has two children, including daughter Katrina Razon.
The heiress is the CEO and founder of KSR Ventures, a venture capital firm that invests in social enterprises. Outside of this, Katrina has also dabbled in the music industry as DJ Katsu, while taking part in her advocacies for wildlife conservation, as well as a teacher of neurocentric yoga.
3. Cecile, Monica, Jacqueline, and Carmela Ang
Parent: Ramon Ang
San Miguel’s Ramon Ang is the third richest in the Philippines this year with a net worth of $3.5 billion, which ranked him 920th on the overall list. Among his children are daughters Cecile, Monica, Jacqueline, and Carmela Ang, who also have a hand in the family businesses. The eldest daughter, Cecile, is the president of Diamond Hotel Philippines, and has been the general manager and president of Makati Diamond Residences since 2014. She is also a member of the board of directors of San Miguel Properties, and worked as a consultant for several companies.
Cecile’s younger sisters have taken part in San Miguel’s other ventures: Monica is the chief finance officer and treasurer of Eagle Cement Corporation, Jacqueline is the assistant vice president for procurement of Petron, while Carmela is affiliated with the San Miguel Foundation.
4. Vivienne, Shiela, Karlu, and Rowena Tan
Parent: Lucio Tan
Lucio Tan, founder and chairman of Lucio Tan (LT) Group and the man who helmed PAL Holdings–the parent company of Philippine Airlines–had a net worth of $2.5 billion in 2024, placing him as one among many in the 1,330th spot. The 89-year-old tycoon has four daughters, Vivienne, Shiela, Karlu, and Rowena Tan, who have also worked for the conglomerate.
Vivienne, who holds various degrees like fashion and merchandising from prestigious institutions, was Philippine Airlines’ executive vice president, treasurer, and chief administration officer. Now, she works as the director of the Lucio Tan Group and the Philippine National Bank.
Meanwhile, Shiela helmed as a director of PAL and PAL Holdings, Karlu a director of LTG and Alliedbankers Insurance Corporation, and Rowena, a managing director of Alliedbankers.
5. Nicole Coson
Parent: Teresita Sy-Coson
The children of the late Henry Sy earned high-ranking spots in the Philippines’ wealthiest. This includes his eldest child Teresita Sy-Coson of SM Investments, who had a net worth of $2.3 billion, the 1,438th on the whole list.
Among her children is Nicole Coson, a London-based artist who earned her master’s degree in fine arts at the prestigious Royal College of Art London. The 32-year-old’s works delve into “personal memory, history, and material culture,” using mediums of printmaking, video, and sculpture.
6. Pamela Justine, Camille Clarisse, and Katrina Marie Co
Parents: Lucio Co and Susan Co
Lucio Co of Puregold Price Club had a net worth of $1.2 billion, the 2,410th on the list. In the Philippines, he is followed by his wife and co-founder Susan Co at the 2,545th spot with $1.1 billion.
Among their children are daughters Pamela Justine, Camille Clarisse, and Katrina Marie Co. Their eldest daughter Pamela has been a director of Puregold Inc. since 2003, with positions in their other affiliations. Her sisters Camille and Katrina are also stockholders of the company.
7. Lorraine Belo-Cincochan and Careen Y. Belo
Parent: William Belo
At the 2,692nd spot is William Belo with a net worth of $1 billion. The founder and chairman of Wilcon Depot, his daughter Lorraine Belo-Cincochan joined the company in 2000 and became CEO in 2016. Her sister Careen, meanwhile, is the director, executive vice president, and chief product officer.
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