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Meet the brothers and sisters who regularly top rich lists.
There's rich, then there's super-rich. In the Philippines, only a small group of people can say they've amassed such great wealth. The one percent, if you will. How small is it? We're talking about a single common ancestor to the single richest family in ...
 
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With a net worth of $6.76 billion (approximately P324 billion).
The Bloomberg Billionaires Index is out and you know what the means: We get to find out who are the richest of all the tycoons in the country. In 2020, the chosen ones were Manny Villar and Enrique Razon. In this year's ranking, however, ...
 
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New year, new financially responsible you.
Suck at money? Congrats. You’re part of the 99 percent of people in their 20s floundering when it comes to finance. Adulting is hard, and money is harder—especially when it’s your own and not your parents. My Two Cents is here to break down ...
 
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Musk just left Bezos behind in the dust.
Amazon founder Jeff Bezos has been dethroned. As of last night, Elon Musk, founder of Tesla, SpaceX, and PayPal, is now the world’s richest human being, surpassing Bezos, who’s held that title since 2017.Yesterday, Tesla stocks surged by 7.9 percent in one ...
 
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This data brings about mixed reactions.
In a time of political, social, and health-related turmoil, one group of people is benefiting from the changes brought about by this pandemic year: America’s richest.According to the Institute for Policy Studies and Americans for Tax Fairness (ATF), the collective wealth of ...
 
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Now's the time.
With a recession upon us and many Filipinos still stuck at home, COL Financial experienced a record increase in new investor accounts in 2020.According to COL’s latest quarterly report, its client base grew by a record 80,032 by the end of the ...
 
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He revealed his plans during a presscon with JAZA and Ernest Cu.
Senator Manny Pacquiao  extended help to residents of Marikina city who were ravaged by Typhoon Ulysses recently.The boxing great turned public official had to do his outreach service impromptu that there was little time to prepare and packed goods such as rice, ...
 
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From Tesla to SpaceX, he's slowly dominating the world.
Elon Musk’s pretty hit or miss when it comes to his conduct on Twitter. In 2018, for example, the Tesla boss caused quite a ruckus with one single tweet that led to millions of dollars in fines from the US Securities and Exchange Commission, a shakeup of ...
 
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It's an interesting turn of events.
Despite the pandemic, or perhaps because of it, the wealthiest of the Philippines are investing their money in beach houses, resort properties, and second homes in the provinces. Filipinos have been placed under what is arguably the longest lockdown in the world, ...
 
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Time to start saving by the millions.
A volcanic eruption, a global pandemic, and a super typhoon are only some of the things that have plagued 2020. And if we’re learned anything this year, it’s that you only get one life, so you might as well enjoy it. Enter ...
 
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Sarah Geronimo reveals she's now handling her own finances and unlearning what was taught to her from childhood about saving money
Sarah Geronimo, now 32 and married, is learning how to grow her earnings after two decades in the entertainment industry.She said, ”Kumbaga, kung ano man yung naipon mo, naka-park lang sa bangko… Lumaki po ako na ganyan ang mentality ko, e.”READ MOREHow ...
 
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Villar and Pacquiao are the only billionaire senators on the list.
Senator Cynthia Villar and Senator Manny Pacquiao remain the richest senators in office based on their respective statement of assets, liabilities, and net worth (SALNs) as of December 31, 2019. The two are the only billionaires in the Senate, both having amassed ...
 
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The internet's beef with the rich, explained.
Crazy Rich Asians is the second most streamed title on Netflix this week. Filipinos still love the film about the scandalously wealthy two years after its release. But to the real-life millionaires, especially on social media, extravagant displays are met with vitriol.What riled Twitter ...
 
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From Aquino to Duterte, GMA had the biggest net worth while in office.
After the fall of former president Ferdinand Marcos, the administration of his successor president Corazon Aquino mandated that public officials disclose their wealth through an annual statement of assets, liabilities, and net worth, otherwise known as a SALN. For almost 30 years ...
 
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Billionaire wealth has reached $10.2 trillion in July 2020. Wow.
Ah yes, the chasm between the one-percenters and the rest of the world has widened even more. While many are scrambling to rebuild their lives, the very few on the very top are making bank even in the pandemic. Here’s what you ...
 
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Loosely defining the different income classes in the Philippines.
There's been much debate about what makes one poor, middle class, and rich. And, to answer that, the Philippine Institute for Development Studies (PIDS) has released its profile and determinants of the middle-income class in the Philippines, which also expounds on the poor, ...
 
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From the Sy sisters to the mysterious Betty Ang.
The world’s rich list has long been predominantly male, so we’d like to shed light on the women highlighted in Forbes’ Philippines’ 50 Richest list. These are the female titans in business and society, whose legacies are the household brands of the ...
 
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Despite Lopez' losses, he's still wealthier than GMA-7's Gozon.
The wealth of ABS-CBN Corporation owner Oscar Lopez has been cut in half following ABS-CBN’s shutdown. Meanwhile, the head of ABS-CBN’s competitor GMA-7, Felipe Gozon, has earned millions in 2020 with its competitor now off air.Top Story: Lapnisan, the World's Most Expensive Tree, ...
 
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Started from the bottom.
The husband-wife duo of Puregold has broken into the top 10 arena of the Philippines’ richest billionaires. According to Forbes’ Philippines 50 Richest list, the tandem’s combined wealth is estimated to be at $1.7 billion (P82.4 billion), securing them the 10th position ...
 
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Some fortunes are in a free fall due to the COVID-19 pandemic.
With the economy down and hundreds of businesses losing profits due to the six-month lockdown, the richest individuals in the Philippines are witnessing their fortunes fall—fast. According to Forbes, “The collective wealth of the Philippines’ 50 Richest dropped to $60.6 billion (P2.9 ...
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