billionaires | ABS-CBN News

THE DAY IN PHOTOS: May 4, 2023

ABS-CBN News
Posted at May 05 12:27 AM

Here are the day's top stories in photos. Read more »

LOOK: Tycoons travel with Marcos to meet US biz leaders

ABS-CBN News
Posted at May 04 04:09 PM

Seven representatives of some of the biggest businesses in the Philippines travel to Washington DC in the United States to accompany President Ferdinand Marcos Jr. Read more »

LIST: 10 wealthiest cities in the world

ABS-CBN News
Posted at Apr 19 09:50 AM

New York City has the most number of millionaires in 2023, according to a report published on Tuesday. Read more »

Forbes: Manny Villar still Philippines' richest in 2023

ABS-CBN News
Posted at Apr 05 01:11 AM

Villar is ranked 232 in Forbes’ list of billionaires worldwide. Read more »

Philippines' top CEOs bond during World Economic Forum in Davos

Jessica Fenol, ABS-CBN News
Updated as of Jan 20 03:41 PM

Some of the country's richest and top CEOs shared light moments while "waving the Philippine flag" at the sidelines of the World Economic Forum in Switzerland. Read more »

House tax panel not keen on 'billionaire tax'

ABS-CBN News
Posted at Jan 17 07:32 PM

The House tax policy body is looking to impose higher taxes on more luxury items but is not keen on a proposal to tax multi-millionaires and billionaires. Read more »

As Davos opens, Oxfam urges 'billionaire busting' policies

Agence France-Presse,
Posted at Jan 16 10:21 AM

The number of billionaires should be halved by 2030 through higher taxes and other policies, Oxfam said as global elites meet in Davos. Read more »

Tech billionaires see wealth shrink in 2022

Agence France-Presse
Posted at Dec 30 09:16 AM

The fortunes of Silicon Valley billionaires took a beating in 2022 as share prices of the world's tech giants plummeted. Read more »

Billionaires on the back foot in 2022: UBS

Agence France-Presse
Posted at Dec 09 06:00 AM

The number of billionaires in the world dipped in 2022 due to Russia's war in Ukraine, monetary policy tightening, stock market falls and the Chinese economic slowdown, UBS said Thursday. Read more »

Tax billionaires for Maharlika Investment fund: group

ABS-CBN News
Posted at Dec 05 09:55 AM

Instead of tapping workers' funds for a sovereign wealth fund, why not tax billionaries and use their money for the Maharlika Investment Fund? Read more »

India's Adani becomes world's third-richest person

Agence France-Presse
Posted at Aug 30 07:15 PM

Indian industrialist Gautam Adani became the world's third-richest person on the Bloomberg Billionaires Index on Tuesday, the first time an Asian has ranked in the top three. Read more »

World's top 10 billionaires richer than some countries

Deutsche Welle
Updated as of Aug 26 11:16 AM

Billionaires: it’s an elite class of individuals with more money than some countries. Read more »

Sy siblings keep top spot in Forbes Philippines' Richest 2022 list

ABS-CBN News
Posted at Aug 11 10:44 AM

Late tycoon Henry Sy's children remain as the country's richest, according to the Forbes Philippines' Richest 2022 list. Read more »

Asia's richest woman loses half of wealth in China property crisis

Agence France-Presse
Posted at Jul 28 02:53 PM

Yang Huiyan saw her net worth plunge by more than 52 percent to $11.3 billion from $23.7 billion a year ago, according to a billionaires index. Read more »

Tax billionaires, not the public: think tank

ABS-CBN News
Posted at Jul 20 08:48 PM

As the government mulls new taxes to raise revenues to plug the fiscal deficit and pay debts, IBON Foundation said the government should instead levy a wealth tax on the richest Filipinos. Read more »

Oxfam tells Davos: Time to tax growing billionaire club

Agence France-Presse
Posted at May 23 10:06 AM

The Covid pandemic has created a new billionaire every 30 hours and now one million people could fall into extreme poverty at the same pace, Oxfam said Monday as the Davos summit returns. Read more »

Economists urge G20 set up register to track oligarchs

Agence France-Presse
Posted at Apr 19 02:25 PM

Leading economists Tuesday urged G20 leaders to draw up a world asset register for tracking tax evaders that could pressure Russia over the Ukraine invasion by exposing oligarchs' hidden wealth. Read more »

Who are the Genomals named in Forbes' PH richest list?

ABS-CBN News
Posted at Apr 06 06:59 PM

The Genomals joined the usual surnames Sy, Villar, Razon, Gokongwei and Tan in Forbes' list of 20 richest Filipino billionaires, ranking 16th, 17th and 18th. Read more »

Manny Villar remains Philippines' richest man

ABS-CBN News
Updated as of Apr 06 10:33 AM

Tycoon Manuel "Manny" Villar remains the richest person in the Philippines, with net worth estimated to be at $8.3 billion, according to Forbes. Read more »

Stranded assets: How many billions are stuck in Russia?

Reuters
Posted at Mar 15 08:33 AM

Global companies, banks and investors so far have disclosed nearly $131 billion in exposure to Russia, company statements show. That number could rise in the coming weeks as more companies release detail. Read more »