Finance & Stock Market Legends | Finance Manila - Philippines, business, tech, travel, life in the metro

Forbes 40 Richest Men in the Philippines 2010 list

July 11, 2010 By dragon 10 Comments

TWENTY billion dollars is how much a large USbank had to return to the government after receiving bailout. It is how much a giant oil company will pay victims of the recent oil spill. It is also the total net worth of the 40 richest people from the Philippines.In its 2010 list, Forbes Asia Magazine showed the Philippines 40 richest individuals’ total net worth rose a hefty 39% to $22.8 billion from last year’s $16.4 billion.

The Philippines ’ upbeat economy and its 17% uptick in the stock market both contributed to the growth in wealth of the country’s 40 richest, a recent Manila Bulletin report stated, quoting Forbes Asia Magazine. Read more... (1131 words, 10 images, estimated 4:31 mins reading time)

Filed Under: Finance & Stock Market Legends, Stock Market & Finance Tagged With: alliance global, andrew gotianun, andrew tan, asia brewery, ayala, beatrice campos, david consunji, eduardo cojuangco, emilio yap, enrique razon, eton, fernando zobel de ayala, forbes, forbes asia, forbes life, forbes woman, fortune tobacco, george ty, henry sy, inigo zobel, jg summit, john gokongwei, jon ramon aboitiz, lucio tan, manuel villar, mariano tan, megaworld, mercedes zobel, oscar lopez, philippines, richest, robert coyuito, roberto ongpin. alfonso yuchengco, tony tan caktiong, top 20, top 40, vivian que azcona, wealthiest

Richest Filipinos still Henry Sy, Ayala, Lucio Tan

March 12, 2009 By dragon 4 Comments

The Philippines' biggest mall operator and his family have increased their wealth by $1.4 billion despite the global financial turmoil, making them the wealthiest Filipinos this year, Forbes Asia magazine said Thursday.

Forbes said 83-year-old Henry Sy and his family are worth $3.1 billion. They rose from No. 2 position last year on the back of their holding company SM Investments Corp., which has interests in a dozen companies, including the country's second largest bank, Banco de Oro Unibank.

Tobacco tycoon Lucio Tan and his family, who own national carrier Philippine Airlines and have interests in beer brewing and mining, came in second with a net worth of $1.5 billion. Read more... (328 words, 8 images, estimated 1:19 mins reading time)

Filed Under: Finance & Stock Market Legends Tagged With: forbes, henry sy, jaime zobel de ayala, lucio tan, richest filipinos

The World’s 2009 Billionaires

March 12, 2009 By dragon 1 Comment

It's been a tough year for the richest people in the world. Last year there were 1,125 billionaires. This year there are just 793 people rich enough to make Forbes list.

The world has become a wealth wasteland. Like the rest of us, the richest people in the world have endured a financial disaster over the past year. Today there are 793 people on our list of the World's Billionaires, a 30% decline from a year ago.

Of the 1,125 billionaires who made last year's ranking, 373 fell off the list–355 from declining fortunes and 18 who died. There are 38 newcomers, plus three moguls who returned to the list after regaining their 10-figure fortunes. It is the first time since 2003 that the world has had a net loss in the number of billionaires.

Read more... (840 words, 9 images, estimated 3:22 mins reading time)

Filed Under: Finance & Stock Market Legends Tagged With: buffet, forbes, gates, world's billiionaires

The World’s Youngest Billionaires

March 12, 2009 By dragon 4 Comments

This year the world's youngest billionaires are a little older–and a lot poorer.

The world's youngest tycoons may have sprouted a few gray hairs over the last year.

Amid the global recession, the Forbes list of the World's Billionaires is smaller–and poorer–this year. As a result, the tiny club of billionaires age 40 and younger just got a whole lot smaller too.

Last year, the world's 20 youngest plutocrats were all under the age of 36. In 2009, their ages range from 25 to 40. The average age of the world's 20 youngest billionaires is 35 this year, up from last year's average of 32.

The average net worth of billionaires age 40 and under is $2.9 billion, down 30% from last year's average of $4.1 billion.

Read more... (633 words, 9 images, estimated 2:32 mins reading time)

Filed Under: Finance & Stock Market Legends Tagged With: german prince albert von thurn und taxis, google, jerry yang, world's youngest billionaires, yahoo

Glenn Beck on Hockey Stick Inflation

January 31, 2009 By MTM Leave a Comment

Doing his impression of Al Gore's Inconvenient Truth, journalist Glenn Beck illustrates the looming danger of hyperinflation due to the ongoing government bailouts:

WPvideo 1.02

The Inconvenient Debt – Money Supply Hockey Stick – Dollar Will Collapse, Buy Guns & Gold

Download here

Share and Enjoy:

Filed Under: Finance & Stock Market Legends Tagged With: Glenn Beck, inflation

Jim Rogers on the Asian Financial Forum Jan 21 2009

January 24, 2009 By silentmax 1 Comment

James Beeland Rogers, Jr. (born October 19, 1942) is an American investor and financial commentator. He is co-founder, along with George Soros, of the Quantum Fund, and is a college professor, author, world traveler, economic commentator, and creator of the Rogers International Commodities Index (RICI).

WPvideo 1.02

Jim Rogers on the Asian Financial Forum pt 1/2 Jan 21 2009

Download here

WPvideo 1.02

Jim Rogers on the Asian Financial Forum pt 2/2 Jan 21 2009

Download here

Share and Enjoy: