The aggregate net worth of the Philippines' 50 wealthiest individuals has declined by 8% to $79 billion, down from $86 billion in the previous year's assessment.
The figure comes from the newly released 2026 Forbes Asia Philippines' 50 Richest list, which highlights a cooling trend in domestic elite wealth accumulation.
In Thailand, the combined wealth of the top 50 individuals rose 10% to $187 billion, buoyed by a broad-based rally in domestic equities.
The contraction stands in sharp contrast to neighboring markets.
In Thailand, the combined wealth of the top 50 individuals rose 10% to $187 billion, buoyed by a broad-based rally in domestic equities.
The divergence underscores differing market dynamics across Southeast Asia, where Philippine tycoons face headwinds that have not similarly impacted their Thai counterparts.
Only 14 individuals from the previous year's list retained their positions, indicating significant churn at the top of the wealth ladder.