Vice President Maria Leonor "Leni" Robredo’s net worth rose to P2.31 million in 2018 from P1.1 million in 2017—an increase of P1.2 million due to increases in her personal properties. Based on the vice president’s Statement of Assets, Liabilities and Net Worth (SALN) as of Dec. 31, 2018, the increase in her personal properties was due to an additional P1.18 million in “cash” and P25,000 worth of “prepaid insurance” compared to 2017. The value of her real properties remained unchanged since 2013 at P1.74 million. Her declared liabilities of P11.9 million meanwhile, remained unchanged since 2017. Robredo’s net worth has been growing by an average of six percent annually over the last six years since 2013, when she was the Representative of the 2nd District of Camarines Sur. Her net worth had a sharp decline in 2017, when it decreased to P1.11 million from the P8.88 million she declared in 2016 due to the “partial … [Read more...] about VP Robredo’s net worth rose by P1.2 million in 2018
SINGAPORE (BLOOMBERG) - They're the chunky, thick-soled throwbacks to the 1990s known as "dad shoes". And they're beloved by millennials, whose fascination with retro footwear has brought Fila back from the dead. They've also helped Mr Yoon Yoon-soo amass an unlikely fortune. Gene, as he's known in English, is estimated to be worth about US$830 million (S$1.12 billion) through his stake in Fila Korea, which acquired the global Fila brand in 2007 in what South Korean media called a shrimp swallowing a whale. Mr Yoon went on to oversee a revival in Fila's fortunes, sending shares of his company surging. Central to Fila's comeback was its move to bring back iconic products from the '90s, targeting shoppers craving classic looks. Its "Disruptor 2" sneakers, for example, reintroduced in 2017, were among the most popular women's shoes at one point last year, according to global fashion search platform Lyst. Fila estimates that more than 10 million pairs were sold as of January. Mr Yoon, 73, … [Read more...] about The man who brought Fila back from the dead is now worth $1.12b
MULTIMEDIA Infographic by Pamela Ramos, ABS-CBN News Posted at May 27 2019 09:47 PM | Updated as of May 27 2019 09:48 PM Senators Cynthia Villar and Manny Pacquiao are still the two richest members of the Senate, based on their 2018 statements of assets, liabilities and net worth (SALN). Based on their 2018 SALN, Villar put her net worth at P3,719,941,858.00 without any liability, while Pacquiao reported P3,005,808,000.00 net worth but listed the highest liabilities at P146,005,728.00. Here is the list of the net worth declarations made by each of the 24 senators: /news/05/27/19/abu-sayyaf-member-killed-4-others-wounded-in-sulu-clash/business/05/27/19/will-cigarette-smuggling-worsen-with-sin-tax-hike/sports/05/27/19/pba-black-laments-meralcos-lack-of-energy-in-2nd-half-against-ginebra/overseas/05/27/19/over-200-cocaine-bags-found-in-stomach-of-japanese-who-died-on-plane/overseas/05/27/19/malaysias-last-male-sumatran-rhino-dies-in-captivity … [Read more...] about News The net worth of Philippine senators
The debentures were offered to institutional investors and high net worth investors. Somruedee Chaimongkol, Banpu’s CEO, said: “The offering of Banpu’s debentures was exceptionally successful with overwhelming interest from investors. During the book-building process, the debentures were two times oversubscribed, emphasising the trust investors placed in Banpu. "So we decided to exercise a green-shoe option, making a total issue size of Bt10 billion to accommodate additional demands from investors. The proceeds from debenture issuance will be used for the repayment of existing debentures and loans, and used as working capital and investment capital to materialise Banpu’s vision to be the Asian energy company at the heart of innovation, technology, and sustainability, to create a satisfying and sustainable return for our investors and stakeholders.” Bangkok Bank Public Company Limited was the sole lead arranger of this debenture issuance. … [Read more...] about Banpu issues debentures worth Bt10bn
Multi-billionaire Elon Musk's real net worth, like his personality, is volatile and mercurial.Probably the best known billionaire in the world (and undoubtedly the most covered by the news and social media), Musk and his exact wealth are a matter of speculation because he lives such an un-billionaire type existence.For one, Musk has no guaranteed multimillion dollar annual salary plus stock options and perks from Tesla Inc. Musk has a $56,000 monthly salary from Tesla but hasn't drawn this salary even once. Seems Musk relies on his salaries and perks from his other businesses such as SpaceX, The Boring Company, OpenAI and Neuralink to get by.But here's what we know about Musk's wealth. Forbes estimates his "real time net worth" as of May 15 at $19.5 billion. That's good for Number 40 on Forbes' billionaires list. CNBC places Musk's net worth at about $23.6 billion (no mention of a time frame).And here's why it's tough placing an exact number on Musk's wealth.In January, Tesla announced … [Read more...] about Elon Musk net worth: How much is Tesla, SpaceX CEO worth?