News Articles on richest

ABS-CBN News
Posted at Sep 17 05:58 PM

D.M. Wenceslao & Associates Inc's Chairman Delfin J. Wenceslao Jr passed away, the company confirmed Friday. Read more »

Henry Sy heirs top Forbes list of richest Filipinos

ABS-CBN News
Updated as of Sep 09 06:21 PM

The heirs of mall tycoon Henry Sy form the richest family in the Philippines, with their wealth growing $2.7 billion this year compared to 2020, Forbes said on Thursday. Read more »

Rihanna is officially a billionaire, Forbes says

Reuters
Posted at Aug 05 06:58 AM

(Reuters) -Pop star Rihanna’s net worth is estimated at $1.7 billion, making her the richest woman musician in the world, but her music is not the primary source of her wealth, Forbes magazine said on Wednesday. Read more »

Bezos, Musk and other billionaires avoid US income taxes: report

Agence France-Presse
Updated as of Jun 09 07:39 AM

Some of the richest Americans "pay little in income tax compared to their massive wealth -- sometimes, even nothing," said ProPublica. Read more »

Pacquiao world’s 3rd-richest boxer behind Mayweather Jr., Foreman

South China Morning Post
Posted at May 04 02:01 AM

Filipino boxing legend Manny Pacquiao is the third-richest boxer on the planet, according to The Richest’s annual top 10 list. Read more »

Elon Musk trolls Jeff Bezos, as space race between world's richest men heats up

Reuters
Posted at Apr 28 05:10 AM

The two billionaires were competing for a coveted contract from government to build a spaceship to deliver astronauts to the moon as early as 2024. Read more »

Forbes: Manny Villar still Philippines' richest in 2021

ABS-CBN News
Updated as of Apr 19 09:28 AM

MANILA - Former Senate president and real estate mogul Manny Villar is still the richest person in the Philippines with a net worth of $7.2 billion or around P349.6 billion in 2021, Forbes said on Tuesday in its 35th annual ranking of the world’s richest people. Read more »

G20 to discuss uneven recovery from COVID crisis, officials say

Reuters
Posted at Apr 06 03:27 PM

The world's financial leaders will discuss on Wednesday how to coordinate policies to prevent their virus-battered economies emerging from recession at highly different speeds, officials said ahead of the virtual meeting. Read more »

Reclusive Chinese bottled water tycoon is now Asia's richest person

Helen Roxburgh and Danni Zhu, Agence France-Presse
Posted at Mar 10 12:42 PM

Until recently, few people had even heard of the Chinese billionaire with a gruff reputation who built a fortune on China's seemingly unquenchable demand for his ubiquitous red-capped bottled water. Read more »

Jack Ma loses title as China's richest man after coming under Beijing's scrutiny

Yingzhi Yang and Brenda Goh, Reuters
Posted at Mar 02 05:25 PM

Alibaba and Ant Group founder Jack Ma has lost the title of China's richest man, a list published on Tuesday showed, as his peers prospered while his empire was put under heavy scrutiny by Chinese regulators. Read more »

Makati still richest city, Cebu remains wealthiest province: COA report

ABS-CBN News
Posted at Jan 14 04:27 PM

Makati City remained the country's richest city for third year in a row, with P233.78 billion in total assets in 2019, according to a report of the Commission on Audit (COA). Read more »

Manny Villar is the only Filipino on the list of Bloomberg’s top 500 billionaires

RHIA GRANA
Updated as of Jan 11 03:37 PM

The former Tondo boy and Senator sits on 382nd spot, out of 500, in Bloomberg Billionaires Index Read more »

Elon Musk 101: The two sides of the world’s richest man

RHIA GRANA
Updated as of Jan 09 07:17 PM

The tech mogul just dislodged Jeff Bezos as the wealthiest man in the world. Have you met? Read more »

Elon Musk leaves behind Amazon's Bezos to become world's richest person: Bloomberg News

Reuters
Updated as of Jan 08 08:26 AM

Tesla Inc chief and billionaire entrepreneur Elon Musk surpassed Amazon.com Inc's top boss Jeff Bezos to become the world's richest man, Bloomberg News reported on Thursday. Read more »

Sys among Asia's 20 richest families - Bloomberg

ABS-CBN News
Updated as of Dec 04 03:51 PM

The Sys of the Philippines are among the top 20 richest families in Asia, with a net worth of $19.7 billion or nearly P1 trillion, according to this year's Bloomberg Billionaires Index. Read more »

Cynthia Villar richest PH senator in 2019 with P3.8-B wealth; De Lima has least

Katrina Domingo, ABS-CBN News
Updated as of Oct 29 12:56 PM

The Senate has released the 2019 summary of the Statements of Assets, Liabilities and Net Worth of senators with Sen. Cynthia Villar topping the list with a P3.81-billion net worth. Read more »

G20 to extend debt freeze for poorest nations, still wrangling over next steps

Jan Strupczewski, Andrea Shalal and Elizabeth Howcroft
Posted at Oct 14 09:20 PM

The G20 group of major economies is poised to extend a multi-billion-dollar debt freeze for the world's poorest countries to help them weather the coronavirus crisis, and may adopt a common approach to dealing with longer-term debt restructurings. Read more »

Billionaire wealth reaches new high during COVID-19 pandemic - UBS

Reuters
Posted at Oct 07 10:57 AM

Billionaire wealth reached record high levels amid the COVID-19 pandemic, a report by UBS and PwC found, as a rally in stock prices and gains in technology and healthcare helped the wealth of the world's richest break the $10 trillion mark. Read more »

Bottled water billionaire passes Jack Ma to become China's richest

Agence France-Presse
Posted at Sep 24 10:03 PM

A businessman who spun his wealth from bottled water and vaccines has usurped tech tycoon Jack Ma as China's richest man, the Bloomberg Billionaires Index showed Thursday. Read more »

Richest 1%'s emissions twice that of poorest 50%: analysis

Patrick Galey, Agence France-Presse
Posted at Sep 21 08:13 AM

The richest one percent of people are responsible for more than twice as much carbon pollution as the poorest half of the world's population -- 3.1 billion people -- new research showed Monday. Read more »

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