Filipino billionaires see their wealth fall during pandemic

THE Philippines’ richest experienced a drop in their fortunes as the COVID-19 pandemic continues to disrupt the country’s economy. The collective wealth of the country’s 50 Richest dropped to $60.6 billion (P2.9 trillion) from $78 billion (P3.8 trillion) a year earlier, according to Forbes Asia. “Despite having one of the world’s strictest lockdowns, the Philippines…

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15 Filipino tycoons among the world’s billionaires

FIFTEEN Filipino tycoons landed on Forbes’ 31st annual ranking of the world’s billionaires, with former Senator and real estate tycoon Manuel Villar leading the pack. Forbes said this year’s roster was made up of 2,095 billionaires across the globe, noting that it was 58 fewer than those recorded in 2019, and 226 fewer than just…

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5 Filipinos land on Forbes Asia’s ‘30 Under 30’ list

FIVE Filipinos made it onto Forbes’s “30 Under 30 Asia” list for “challenging conventional wisdom and rewriting the rules for the next generation.” The 2020 roster, released on Thursday, April 2, includes skateboarder Margielyn Didal, The Cacao Project founder Louise Mabulo, PayMongo founder Francis Plaza, gymnast Carlos Yulo, and multimedia artist Breech Asher Harani. “This year’s…

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Henry Sy’s children top Forbes PH richest list

A new generation of tycoons entered Forbes magazine’s 2019 Philippines Rich list on Wednesday, September 25, with the children of late tycoon Henry Sy nabbing the top spot with their combined net worth of $17.2 billion. The Sy siblings — Teresita (Sy-Coson), Elizabeth, Henry “Big Boy” Jr., Hans, Herbert, and Harley — replaced their father…

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