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Saturday, August 03, 2013

Fact of the Day

Forbes said the combined net worth of the Philippines’ 50 richest totaled $65.8 billion, more than a quarter of the nation’s GDP.

In the 2013 list, the 40 richest Filipinos had a combined wealth of $64.24 billion, up by $16.8 billion from the previous $47.43 billion in 2012. Their current combined wealth is nearly double the amount in 2011 which was at $34 billion

Henry Sy is listed as the richest man in the Philippines for the sixth time in a row with $12 billion net worth followed by Lucio Tan of the LT Group with $7.5 billion
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