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News and Events

Media Mogul Woes: Weak First-Half Record at ABS-CBN, GMA Take Toll on Owners' Fortunes

Forbes' latest Philippines rich list details impact of digital disruption on TV empires

Owning a giant mass media empire remains one of the major paths to vast wealth in the Philippines.This is apparent in Forbes magazine’s 2018 list of 50 richest people in the Philippines, which included major shareholders of the country’s two leading television ...

by Lorenzo Kyle Subido  | September 10, 2018 08:00:00
News and Events

Wilcon Founder William Belo, Fashion Designer Josie Natori Lead 6 Newcomers to Forbes' 2018 PH Rich List

This year saw the most number of new entries and exits in the exclusive list since 2013

Business magazine Forbes’ latest list of the Philippines’ 50 richest people features six new names. That’s the highest number of newcomers since 2013, when the list was expanded from 40 tycoons to 50.Leading the six newcomers is William Belo, the founder and ...

by Lorenzo Kyle Subido  | September 06, 2018 12:00:00
News and Events

Henry Sy Sr. is Biggest Billionaire Not Just in PH But in Southeast Asia

The SM Group founder is richer than the heads of Japan’s Uniqlo and of South Korea’s Samsung

Henry Sy Sr., 93, remains the country’s richest Filipino for the 10th year in a row as he leads the 12 Filipinos who made it to the exclusive 2018 Forbes World’s Billionaires List, released on March 6, Tuesday.Sy ranked at 52nd place among the ...

by Elyssa Christine Lopez  | March 07, 2018 01:00:00
News and Events

This Festive Season, Listen to PH’s 9th Richest Man Andrew Tan Sing a Christmas Tune

Resorts World Manila releases limited-edition CD with holiday tunes sung by casino resort’s top executives

Carolers are a staple of the Holiday season, but how often do you hear a billionaire belting out Christmas tunes?Megaworld Corp. Chairman and President Andrew Tan traded the boardroom for the recording studio this Christmas with the release of Carols, a 13-song ...

by Paul John Caña  | December 26, 2017 11:00:00
News and Events

Which Industries Generate the Fortunes of PH’s 50 Richest Tycoons?

Seven sectors stand out as top favorites of the country’s wealthiest business owners

US business magazine Forbes’ list of the Philippines’ 50 richest people features tycoons with a diverse set of businesses. While some tycoons have built diversified conglomerates with stakes in multiple industries, others have grown businesses that have specialized in one or two ...

by Lorenzo Kyle Subido  | September 06, 2017 11:00:00
News and Events

Startup with ‘Unicorn’ Potential Helps Robbie Antonio Make It to Forbes’ 2017 PH Rich List as the Youngest in the Batch

He and his father are worth $400 million according to the US business magazine

Robbie Antonio founed Revolution Precrafted in 2015. The company is now valued at $256 millionMany of the Filipino businessmen and women who make it to Forbes magazine’s annual Philippine rich list are owners, founders and leaders of companies that have been around ...

by Lorenzo Kyle Subido  | August 26, 2017 11:00:00
News and Events

How STI's Stock Price Surge Landed Eusebio Tanco in Forbes 2017 PH Rich List

The owner of IT education pioneer is the only new face in the magazine’s Philippines 50 Richest this year

Eusebio Tanco (center) with Jollibee's Tony Tan Caktiong and Edgar "Injap" SiaAmong the 50 business tycoons who made it to US business magazine Forbes’ latest list of the Philippines’ richest people, only one is a complete newcomer to the list.Eusebio Tanco, who ...

by Lorenzo Kyle Subido  | August 25, 2017 02:00:00
News and Events

Youngest PH Billionaire Releases Book on Principles Behind His Amazing Success

Mang Inasal's founder Injap Sia explains the personal values that guided his rapid rise to business prominence

Edgar "Injap" Sia II never ceases to amaze. Last September, Forbes reported that his net worth soared by $800 million to $1.2 billion, making him the Philippines' youngest dollar billionaire. Early this month, Bloomberg said his DoubleDragon Properties Corp.'s surged 2,500 percent ...

by Entrepreneur Staff  | February 26, 2017 10:00:00