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