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.

In the Philippines, most of the tycoons were able to grow their net worth despite the prolonged pandemic.

The magazine estimated Villar’s net worth at $7.2 billion, making him the 352nd richest person in the world.  His wealth grew from last year’s $5.7 billion.

Source: business.inquirer.net