Just saw the Forbes billionaire list for 2026 and there's some wild shifts happening with the richest Filipino names. Enrique Razon Jr. just took the top spot after his net worth jumped $5.6 billion to hit $16.5 billion. The ports tycoon basically leapfrogged everyone, which is pretty massive. But the real story? Manuel Villar absolutely tanked. The guy was richest Filipino last year at $17.2 billion, and now he's sitting at $3.1 billion. That's a $14 billion drop. The whole thing ties back to that Villar Land Holdings scandal with the SEC filing charges about misleading disclosures. Lucio Tan is sitting second now at $3.5 billion with his fingers in everything - tobacco, airlines, banking, property. Ramon Ang is holding steady around $3.6 billion with San Miguel. Honestly the richest Filipino rankings are getting reshuffled pretty hard. What's interesting is how fast wealth can swing when there's corporate governance issues involved. Makes you think about how much of these valuations depend on market sentiment versus actual fundamentals.