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Page 14 - உதவியாளர் நிர்வகித்தல் ஆசிரியர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Philippines sees 17 tycoons on Forbes global billionaire list; their wealth grew despite pandemic

Manuel “Manny” B. Villar Jr. MANILA, Philippines, April 7 (The Philippine Inquirer/ANN) – Seventeen tycoons from the Philippines – led for the third straight year by “brown taipan” Manuel “Manny” B. Villar – made it to Forbes magazine’s 2021 list of wealthiest people on the planet. Forbes, which has been counting persons with net worth of at least $1 billion for the last 35 years, announced a record-breaking roster of 2,755 billionaires, including 493 newcomers. This was seen as unprecedented by any measure, especially in a period when the COVID-19 pandemic has continued to wreak havoc on the global economy. Altogether, these billionaires are worth $13.1 trillion, up from $8 trillion on the 2020 list. Still at the top of the heap is outgoing Amazon CEO Jeff Bezos, who has an estimated net worth of $177 billion while Tesla and SpaceX founder Elon Musk pole-vaulted into the number two spot with an estimated wealth of $151 billion, up from No. 31 last year.

Forbes names Villar PH richest for 3rd year

Published April 7, 2021, 3:57 PM Self-made real estate and retail tycoon Manuel B. Villar Jr. has been ranked by Forbes Magazine as the Philippines’ richest for the third year in a row. The youngest Filipino to top the list of the country’s wealthiest, Villar was 69 when he first reached the top in 2019. Manuel B. Villar Jr. Others who have been named the Philippines’ richest include taipan Henry Sy Sr. who was number 1 for 11 consecutive years (2007-2018), Lucio Tan, John Gokongwei, and Jaime Zobel de Ayala who were all senior to Villar. Forbes’ 35th annual world’s billionaires list ranks Villar at no. 352 in the global list with an estimated net worth of $7.2 billion. 

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