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More articles about: wealth

 
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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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'Clients are holding a lot more cash than usual. It’s a very interesting phenomenon.'
Every crisis is an opportunity, and based on historical data, economic growth has often arrived on the coattails of times of trouble. The economy is used to rebuilding itself time and again, and it looks like the ultra-rich are preparing for the ...
 
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His net worth? A whopping $115 billion.
Tesla co-founder Elon Musk is now the third richest man in the world, according to the Bloomberg Billionaires Index. The latest update on the list calculated Musk’s net worth to be $115 billion as of September 1.Top Story: How Rich Is Sharon Cuneta?This ...
 
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She's worth more than what most of us will make in a lifetime.
Meet the cat that puts your net worth to shame: Ms. Olivia Benson, the valued feline of pop star Taylor Swift. While Taylor might be raking in millions of dollars on her own, she's apparently not the only one making money to provide for her feline ...
 
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They're sneakily draining your finances.
How many times have you wondered why you’re always short on money? If you try reviewing your lifestyle, you’ll notice that you’re probably spending on little things that snowball into a big cash cut, or you’re investing on huge things that you ...
 
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$200,000,000,000. (Count the zeros slowly).
Just when you thought he couldn’t get richer, he did. Jeff Bezos, founder and CEO of e-commerce juggernaut Amazon, just saw his massive wealth skyrocket—again—after Amazon shares skyrocketed.Top story: Filipino Actors Who Married Into High SocietyA new global high, Jeff Bezos’ estimated net ...
 
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It's the biggest fortune Forbes has ever tracked in its 40 years of following the world's billionaires.
Looks like Jeff Bezos' massive fortune didn’t get the memo that there’s a global recession. The founder and CEO of Amazon set new records after his net worth closed at $197.8 billion on August 18. (His net worth right now is at ...
 
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The deal will boost the French drugmaker's research into autoimmune and allergic diseases.
French pharma giant Sanofi said Monday it will buy U.S. group Principia Biopharma for $3.68 billion in a deal that will boost its research and development into autoimmune and allergic diseases.The deal will see Sanofi "acquire all of the outstanding shares of Principia for ...
 
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The highest-earning official was the former boss of UCPB.
How much do government officials make? Well, if you’re an executive of a government-owned or -controlled corporation (GOCC), then your salary will most likely be in the millions.Top Story: What Happened to the Nobles of the Philippines?The Commission on Audit just released its ...
 
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Getting your affairs in order.
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 ...
 
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There's good debt, and there's bad debt.
We all try to avoid debt, and that's totally fine. You have peace of mind knowing that you don't owe anyone anything, and you're undoubtedly in the green financially. But while this is your best case scenario, there will be times when ...
 
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One of them is richer than the 'little princess' she played.
It's always fascinating to read about celebrity backgrounds, especially when you find out that this Oscar winner is related to Queen Elizabeth I or that this singer discovered America in a past life. Even more interesting is finding out that they didn't have to be a ...
 
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Digital banking is the future.
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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There is no virtue in poverty.
The Bible is not only a collection of books that teaches righteousness but also a great resource for teaching business values.Before the New Testament was compiled by the Council of Nicea in late 300 A.D., the Hebrew Bible that is now known ...
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