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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 »

Heirs of Philippine tycoons rise among wealthiest

ABS-CBN News
Posted at Sep 17 12:10 PM

Heirs of Philippine conglomerates rose among the country's wealthiest this year following the deaths of their predecessors. Read more »

PH tycoons' fortunes fall as pandemic disrupts businesses, Sy siblings richest: Forbes

ABS-CBN News
Updated as of Sep 17 11:15 AM

The coronavirus pandemic led to a drop in the fortunes of the Philippines' richest, according to Forbes with 32 listees saw their net worths decline.  Read more »

Jeff Bezos becomes first man worth over $200 billion: Forbes

ABS-CBN News
Posted at Aug 27 06:04 PM

The founder and CEO of e-commerce behemoth Amazon is now worth $200 billion, cementing his claim to being the richest person in the world, Forbes said.  Read more »

Indian conglomerate Reliance buys online pharmacy Netmeds

Agency France-Presse
Updated as of Aug 19 01:57 PM

Indian conglomerate Reliance has bought a majority stake in online pharmacy Netmeds for $83 million, opening a new front in its battle with Amazon which launched a similar healthcare service last week. Read more »

Tesla surge lifts Musk higher on billionaire list

Agence France-Presse
Posted at Jul 14 08:26 AM

Tesla's surging stock value has boosted Elon Musk further up the list of top billionaires as he stands poised for yet another massive payout as soon as this week. Read more »

Not a billionaire, but Kylie Jenner is highest-paid celebrity, Forbes says

Reuters
Posted at Jun 05 07:55 AM

Kylie Jenner and Kanye West on Thursday topped the annual Forbes list of the highest paid celebrities, but sports stars, including Roger Federer and Lionel Messi, dominated the top 10. Read more »

Manny Villar remains Philippines' richest, with net worth at P282.9 billion: Forbes

ABS-CBN News
Posted at Apr 07 10:43 PM

Former Senate President Manny Villar remains the richest person in the Philippines with a net worth of $5.6 billion or P282.9 billion, Forbes said on Tuesday in its annual ranking of the world’s richest people. Read more »

Villar still richest, Go among poorest in Senate in 2019

Davinci Maru, ABS-CBN News
Updated as of Oct 16 02:16 AM

MANILA (UPDATE)—Sen. Cynthia Villar remains the richest member of the Senate in 2019, based on senators' latest statements of assets, liabilities and net worth (SALNs). Read more »

World's richest families fret about geopolitics, climate change

Carolyn Cohn, Reuters
Posted at Sep 24 07:52 AM

The world's richest families are worried about the US-China trade spat, Brexit, populism and climate change and are keeping more of their money in cash, according to a survey of family offices by the world's largest wealth manager. Read more »

Mayor Isko: Manila will be capital region's richest city in 3 years

ABS-CBN News
Posted at Sep 14 12:30 AM

Manila will be the National Capital Region's richest city by 2022, Mayor Isko Moreno said Friday, saying the local government is expecting a "P90-billion windfall" in the coming years. Read more »