MANILA, Philippines – 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 a…
Keep on reading: 17 PH tycoons on Forbes’ global billionaire list