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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Amazon s Jeff Bezos speaks at the Washington Convention Center, May 9, 2019. Bezos handily made the list, but he s not Washington s only billionaire by a long shot. (Mark Wilson/Getty Images)
WASHINGTON The coronavirus has wreaked havoc on the U.S. economy, yet billionaires in Washington and across the globe are significantly wealthier than they were a year ago, according to this year s recently released Forbes World s Billionaires List.
The number of billionaires on Forbes 35th annual list jumped to an unprecedented 2,755 people, 660 more than a year ago. Altogether, they are worth $13.1 trillion, up from $8 trillion in 2020.
Among those on the list, 86 percent are richer today than they were a year ago.
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Forbes this week released its 2021 World s Billionaires List and a few Lower Merion residents are among the richest people in Pennsylvania. (Shutterstock)
LOWER MERION, PA Forbes recently released its list of the world s billionaires, and two Lower Merion residents are among the commonwealth s wealthiest residents.
Pennsylvania has 17 billionaires on the list.
Among the 17 are Allan Miller and family and Jeffrey Lurie.
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Miller founded Universal Health Services in 1979 and is worth $1.3 billion, making him Pennsylvania s 16th richest resident.
Universal Health Services, according to Forbes, has more than 400 facilities in the United States and United Kingdom. Its annual revenue is $11 billion, per Forbes.
UpdatedWed, Apr 7, 2021 at 12:20 pm CT
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Gov. J.B. Pritzker appears at an April 2018 fundraiser in Chicago. Forbes this week released its 2021 World s Billionaires List. Those on the list including Pritzker saw their fortunes increase by more than $5 trillion. (Scott Olson/Getty Images, File)
ILLINOIS The coronavirus has wreaked havoc on the U.S. economy, yet billionaires in Illinois, across the country and around the world are significantly wealthier than they were a year ago, according to this year s recently released Forbes World s Billionaires List.
The number of billionaires on Forbes 35th annual list jumped to an unprecedented 2,755 people, 660 more than a year ago. Altogether, they are worth $13.1 trillion, up from $8 trillion in 2020.