Showing posts with label RP'S Richest Men. Show all posts
Showing posts with label RP'S Richest Men. Show all posts

Thursday, November 06, 2008

HISTORICALLY BLACK

Was disconnected online for a quite sometimes.....hmmm..life's seems to be so hard this time,honestly.
I'm always in the eavesdrop about the election in USA....listening who's gonna win.At last the moment had just come and the winner was announced,Barack Obama as the 44th US President.
It was the first time African-American to seat in the White House leading the most powerful country in the world.My eyes was watered by tears as I watched him in the news speaking of his victory in front of his supporters.
I have been reading stories about segregation or racial discrimination since then,especially about the black slavery in the US.The story that truly touched my heart was the story of Rosa Parks who refused to give up her seat to make room for the white passenger.She was imprisoned for not obeying the bus driver order and segregation law of the Montgomery City code.
Well,that's history and another history made by an inspired man who's giving hopes to those minorities in America.If I were to chose..I'd rather cast my vote to Obama.
I think it's time for America to give chance to the black to lead out USA..it has been always the white on the White House seat since Christopher Colombus.
The world is also celebrating the victory of Obama so as the Philippines.I also admire McCain for accepting his loss in the election and even begging his supporters to support Obama as the next President.
I just wish that Filipinos would learn something from the election in US not just on killing,cheating,demonstration against the opponents,etc.Well,the black Americans and the rest of the minorities in USA are rejoicing and equally be accepted as one.
My prayer and hope that one day Obama would fulfill his promise for the sake of the Americans and the minorities.

Friday, October 17, 2008

RP'S RICHEST MEN

Henry Ward Beecher
It is the heart that makes a man rich. He is rich according to what he is, not according to what he has.

While watching the local news on TV...GMA Channel-7 featured RP's richest men....they are eventually poor as in poor during their times,but their eagerness to reach the acme of life inspired them of what they are like now.
According to Forbes Asia....the listings of the Philippines richest men has continued to earn more and rose high amidst of the crisis in the country and globally.
Below are the riches of the richests of all:
A shopping mall mogul has become the Philippines richest man after amassing 1.4 billion dollars in past year, while his peers were hit by the global financial crisis, it was announced Thursday.
The fortune that Henry Sy made was the "biggest gain in absolute terms" of the country's wealthiest 40 families, who saw their collective wealth plunge 18 percent amid the world credit turmoil, Forbes magazine said in a statement.
In its annual list of the Philippines' richest people, Forbes said the country's stock exchange had dived 35 percent in the past year, making 25 out of 40 tycoons -- including those in banking and real estate -- were poorer.
Forbes said the Sy family was now worth 3.1 billion dollars, vaulting from second place to first.
The low-profile 83-year-old and his family control SM Investments, which owns stakes in a dozen companies including the nation's second largest bank.
Sy started off selling shoes to American GIs in the Philippines in 1958. From one store known as Shoemart, he built a multi-billion dollar empire.
Today he is Asia's biggest shopping mall operator with 30 mega malls throughout the Philippines.
Jaime Zobel de Ayala and family slipped from first to third as their wealth suffered a massive drop of 800 million dollars, to 1.2 billion dollars, Forbes said.
The stock of their conglomerate Ayala Corp. is down 46 percent since last year in part because of the economic slowdown and declining profits in banking and electronics manufacturing units, it said.
Moving up to second position is Lucio Tan and family, with a net worth of 1.5 billion dollars, although this is still down by 100 million dollars from last year.
Tan controls Philippine airlines as well as the country's largest cigarette firm, one of its largest brewers, mining operations and Hong Kong property.
Also hit hard is property tycoon Andrew Gotianun of Filinvest Land, who fell 10 places to 17th after losing 625 million dollars to give him a net worth of 235 million dollars.
Senate President Manuel Villar, the largest shareholder in high-end homebuilder Vista Land, also saw his wealth tumble 55 percent to 425 million dollars to put him in 11th, down from fifth last year.
Another property kingpin, Andrew Tan, saw his net worth plunge 400 million dollars to 700 million dollars.
The 57-year old made much of his wealth as an office developer for the outsourcing industry and is now betting on gaming and tourism.
Of the 40 richest Filipinos this year, 11 tycoons eked out gains but almost all of those increases were because of reporting on new assets or shareholdings or the combination of relatives' stakes, including Sy.
The Philippines had three billionaires this year compared with four last year as Andrew Tan lost this elite status.
Lourdes Montinola seemed to buck the trend as shares of her Far Eastern University increased 38 million dollars to vault her to number 31 with a net worth of 68 million dollars.
There was only one newcomer, Alfredo Ramos of Atlas Consolidated Mining, who debuted at number 23 with a net worth 126 million dollars.
A net worth of 30 million dollars is required to make the Philippines rich list, unchanged from last year. Fourteen tycoons had net worth of less than 100 million dollars and four of last year's members failed to make the cut.
(source:yahoo.com.ph)

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