ELEVEN Philippine businessmen made it to this year’s Forbes’ billionaire club, with Henry S. Sy, Sr., chairman of SM Investments Corp. retaining his spot as the richest Filipino.

The same Filipino tycoons featured in the 2015 edition of the global rankings were seen in this year’s exclusive billionaire’s circle, even as most of them saw a reduction in fortunes — a common theme among the world’s richest. Read the full story

Forbes Billionaires