By Bilyonaryo, 30 Oct 2020
The Philippines’ ultra-wealthy had a feast in October as their collective fortunes bounced back to pre-coronavirus level.
The combined net assets of fourteen bilyonaryos, with a net worth of at least $1 billion each, jumped $3.1 billion or nine percent to $37.9 billion in October 2020 from $34.8 billion the previous month.
They are just a billion dollars or two short of their total value in January 2020 when the coronavirus was just starting to spread.
The 86-year old Lucio Tan was the biggest gainer as he rocketed back to No. 3 in October from No. 10 in September.
Tan’s assets jumped $800 million to $3 billion in the last 30 days with his LT Group stock back to its January 2020 level at P11.54 as of October 30.
The Sy-blings – Hans, Herbert, Big Boy, Harley, Tessie, and Elizabeth – racked up a combined $1.1 billion to $15 billion in October.
Other top gainers were richest Filipino Manny Villar (up 14 percent to $5.8 billion) and Jollibee’s Tony Tan Caktiong (up 15 percent to $2.3 billion).
Here’s how the bilyonaryos stacked up month-on-month in October 2020:
1) Manny Villar – $5.8 billion, up 14%
2) Enrique K. Razon – $4.7 billion, unchanged
3) Lucio Tan – $3 billion, up 36%
4) Hans Sy – $2.7 billion, up 8%
5) Herbert Sy – $2.7 billion, up 8%
6) Andrew Tan – $2.6 billion, up 8.3%
7) Henry Sy Jr. – $2.5 billion, up 8.7%
8) Harley Sy – $2.5 billion, up 8.7%
9) Tessie Sy-Coson – $2.4 billion, up 4.3%
10) Tony Tan Caktiong $2.3 billion, up 15%
11) Ramon S. Ang – $2.2 billion, unchanged
12) Elizabeth Sy – $2.2 billion, up 10%
13) Roberto V. Ongpin -$1.3 billion, up 8%
14) Ricardo Po Sr. – $1 billion, unchanged
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
June 6: Migrant Workers Day
June 19: Filipino Youth Day
June 25: Day of the Filipino Seafarer
