REAL ESTATE tycoon and former politician Manuel B. Villar, Jr. is still the richest Filipino on Forbes’ 2022 World’s Billionaires List, after his net worth jumped by 15% to $8.3 billion (around P426.6 billion). READ:
spot with $1.6 billion, followed by Jollibee Foods Corp. founder Tony Tan Caktiong in 2,190Monde Nissin Corp. President Betty T. Ang, Converge Information and Communications Technology Solutions, Inc. President Maria Grace Y. Uy, and LT Group, Inc. Chairman and founder Lucio C. Tan shared 2,342Ms. Uy ranked higher than her husband and Converge Chief Executive Officer Dennis Anthony H. Uy, who ranked 2,578Mr. Uy shared the spot with Alphaland Corp. Chairman Roberto V.
Sunder Genomal owns Bangalore-based Page Industries, which is described as a licensee for Jockey underwear. He and his brothers Nari and Ramesh have Philippine citizenship. Based on records at the Philippine Securities and Exchange Commission, the Genomal-led GTVL Manufacturing Industries, Inc. saw its revenues decline by 44.1% to P324.19 million in 2020, and posted a net loss of P27.49 million. It is the sole licensee of the Jockey underwear brand in the Philippines.’ annual billionaires’ list included 2,668 billionaires with a combined net worth of $12.7 trillion, which is lower than last year’s $13.1 trillion. A total of 329 people dropped out of the list.
Tesla founder Elon Musk topped the billionaire list for the first time with a net worth of $219 billion, replacing last year’s top billionaire Jeff Bezos, who fell to second place with $171 billion. “The tumultuous stock market contributed to sharp declines in the fortunes of many of the world’s richest. Still, more than 1,000 billionaires got wealthier over the past year. The top 20 richest alone are worth a combined $2 trillion, up from $1.8 trillion in 2021,”
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Manny Villar still richest Filipino in Forbes list; Philippines now has 20 billionairesBusiness tycoon and former politician Manny Villar kept his grip as the country&39;s richest person, according to Forbes World’s Billionaires List for 2022. Villar is joined by 19 other Filipinos who made it to the elite list, up from 17 last year.
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