Henry Sy & Sibling’s still the richest family in the Philippines according to Forbes which recently release their 2014 Billionaire’s List.

The net earnings of the family this year reach to $11.4 billion which is much lower compared to last year’s net income amounting to $13.2 billion. The family’s income apparently goes down up to 7% but still they are part of top 100 billionaire’s list.

“Henry Sy apparently merged his company assets under SM Prime Holding to create its net worth of properties amounting to $9.3 billion. November last year SM Land snatched $ 1.2 Billion which reclaimed some portion of land in Manila Area next to his SM Mall of Asia (MOA)” According to Forbes Magazine.

Even though the family exercises the means of merging and strategy to maintain stability in their investment but apparently it drops up to $ 1.8 Billion due to SM Holding dropped its market value of stocks up to 30% this 2014.

Forbes added “The dropped of stocks is due to investors sold their shares in a certain institution in a discounted price”.

Other Filipino Billionaire’s that made it on the list are:

No. 227 Lucio Tan and family – $6.1 B
No. 319 Andrew Tan – $4.7 B
No. 354 Enrique Razon, Jr. – $4.2 B
No. 388 John Gokongwei, Jr. – $3.9 B
No. 483 David Consunji – $3.3 B
No. 764 George Ty and family – $2.3 B
No. 1046 Tony Tan Caktiong and family – $1.7 B
No. 1154 Robert Coyiuto, Jr. – $1.5 B
No. 1565 Andrew Gotianun – $1 B

Microsoft CEO Bill Gates regained the crown of the world’s Billionaire’s List with his total earnings of $ 76 Billion overthrown Mexico’s business tycoon Carlo’s Slim with $ 72 Billion at second place.

Follow by Zara Fashion CEO Amancio Ortega at No. 3 followed by Warren Buffet and gambling tycoon Sheldon Adelson fourth and fifth place respectively.

But who will forget the youngest Billionaire of the world “Facebook CEO” Mark Zuckerberg as the magazine’s top gainer of 2014 earned for almost $ 15.2 to $28.5 Billion.

Every year Forbes Magazine is releasing the list of top billionaire’s of the world.