Filipino billionaires got richer despite coronavirus’ lingering fallout — Forbes

MANILA, Philippines — Over a dozen Filipino billionaires saw their fortunes grow this year, joining the rest of of the world’s richest in accumulating more wealth at a time the coronavirus pandemic is pummeling the global economy. For the third year, former senator Manuel Villar, who has built a retail and property empire, topped Forbes’ list of richest Filipinos after his net worth grew to $7.2 billion. Globally, Villar, 71, ranked 352nd out of 2,755 in the list that exploded roughly 30% compared to last year, with a record high 493 newcomers joining the world billionaires club. Altogether th…

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