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Filipino billionaires see their wealth fall during pandemic

19 September 2020 No CommentEmail This Post Email This Post

THE Philippines’ richest experienced a drop in their fortunes as the COVID-19 pandemic continues to disrupt the country’s economy. The collective wealth of the country’s 50 Richest dropped to $60.6 billion (P2.9 trillion) from $78 billion (P3.8 trillion) a year earlier, according to Forbes Asia. “Despite having one of the world’s strictest lockdowns, the Philippines…

The post Filipino billionaires see their wealth fall during pandemic appeared first on Asian Journal News.

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