More articles about: wealth

 
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Billionaire senators Villar and Pacquiao retain the top spots.
Based on the latest statement of assets, liabilities, and net worth (SALNs) released by the Senate of the Philippines, Senator Cynthia Villar continues to hold on to the top spot of wealthiest senators in the Philippines.According to her latest declared SALN, as of ...
 
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Your credit card can probably do a lot more than what you initially thought.
Every time you are offered or you apply for a credit card, have you ever taken a second to think whether you’re getting Visa or Mastercard? Moreover, do you even know exactly what they are, as well as how they work? If not, here’s a simple ...
 
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Whose fortunes gained and declined in 2019?
It was hardly a surprise when  the late taipan Henry Sy, Sr.’s heirs replaced him in the top spot on the Forbes Philippines’ Richest list of 2019. With $17.2 billion in collective net worth, the Sy siblings were unmatched in this year’s ...
 
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The family has an estimated net worth of $17.2 billion.
For 11 consecutive years prior to his passing, the late taipan Henry Sy, Sr. was ranked the Philippines’ richest person after building his SM Investments empire. And in Forbes’ first Philippines’ Richest list since the billionaire passed away at the age of ...
 
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Congress is set to look into the BSP's lifting of a ban on ATM fee hikes.
There's nothing more satisfying than checking your bank account and seeing your hard-earned cash, except maybe actually being able to withdraw it. Long lines at ATMs are nothing new—especially on paydays—and sometimes it's just more convenient to use a different bank's machine ...
 
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The families who have been influencing the past and present of the Philippines for generations.
In this list, separated into four parts, we've narrowed down the city's most respected names and selected the very best. Here are the most prominent families in Manila.The family is currently engaged in banking, power, and real estate among many other ventures. It ...
 
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Only 15 cities account for over 30 percent of the world's billionaire population.
Though it seems a rising number of high net worth individuals are migrating to Australia, new research reveals the world's billionaires haven't given up on major cities such as New York, Hong Kong, and San Francisco. In fact, it's quite the opposite, as these ...
 
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The global elite are migrating at an aggressive pace.
The global economy is worsening. All the signs are out there: There's a probability of a U.S. recession, macroeconomic stress in Argentina and Turkey, and disruptions to the auto sector in Germany, to name a few. According to the International Monetary Fund, ...
 
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New Manila was the serene sanctuary of the old rich.
Before Forbes Park, there was New Manila. It was where Manila’s elite lived. In the '30s and '40s, many of Manila’s prominent families clamored to buy block-sized properties in the enclave developed by Doña Magdalena de Hemady. They included the Cojuangcos, the Madrigals, ...
 
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We asked real estate professionals where top-tier clients choose to build their vacation homes in the countryside.
We've explored the property and leisure portfolios of Manila's wealthiest, delving into the prices of exclusive villages in the city, as well as annual fees of club memberships.This time, we look into the prices of private vacation homes. Below, a list of premier real estate destinations ...
 
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Every family is different in how they display their wealth.
When it comes to financial successes, some people like to keep it in the family, which is what makes a combined fortune even larger. Just this month, Forbes released its annual rundown of the world's wealthiest people and it comes as no ...
 
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The market growth had much to do with the increase in the country’s ultra-wealthy population.
If you’re looking for a business opportunity in a thriving industry, the latest market report by Knight Frank points to luxury homes as a great investment. In 2018, Manila’s luxury home market saw the most growth in the world, with an 11 ...
 
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Meet the exceptional industry leaders who are making a difference in their respective fields of business.
Hard work, grit, and persistence—these are the traits exhibited by the titans of industry in the Philippines.The contributions of these leaders have improved the quality of our daily lives. Cheers to these exceptional Filipinos who are making a difference in their respective ...
 
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The rich go to one source for their exclusive parties.
You’ve fancied it at some point in your life: partying like a crazy, rich Asian on a giant luxury yacht in the middle of the Pacific ocean, with people you only see on TV and in magazines, with waterfalls of liquor enough to ...
 
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The Amazon CEO and Washington Post owner's alleged affair with Lauren Sanchez has made headlines lately. Now Bezos says David Pecker is trying to use it against him.
In an extraordinary move on Thursday, Jeff Bezos, the founder of Amazon and owner of The Washington Post, published an essay on Medium, in which he described an alleged attempt by National Enquirer parent company AMI to blackmail him. It stems from the combination of ...
 
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Our annual list of men and women who are devoted to changing the country through philanthropy.
The generosity of these givers are shaping a better world. Here's what these philanthropists are doing to make a difference in the lives of people.Erramon Aboitiz, the CEO and president of Aboitiz Equity Ventures, also heads the Aboitiz Foundation. The foundation focuses ...
 
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Paying better taxes may be the solution to this growing wealth gap.
The key to closing the growing wealth gap of the world may be summarized in three words: better tax system.That's according to a recent report by Oxfam, which reveals that the wealth of the world’s richest has almost doubled since the financial crisis ...
 
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The hobbies of the world's wealthiest.
The rich and powerful arenât that different from the rest of us. They too have problems, and they too are human. Granted, they do have more interesting options for hobbies than most. Here, we list down the crazy rich hobbies of the ...
 
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Will you be one of them?
The Philippines is expected to become one of the top 10 fastest-growing high net worth countries in the next four years, a recent study revealed, joining the ranks of China and India.The first Wealth-X High Net Worth (HNW) Handbook, which was released ...
 
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A closer look at three of the most private and low-key tycoons in the Forbes Philippines rich list.
Say Henry Sy's name, and people will recognize him as the founder of local retail giant SM. They might even know that he’s the country’s richest person (it's a title he’s held for the past 11 years).And that’s true for most of the country’s ...
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