๐ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ฑ๐ผ๐น๐น๐ฎ๐ฟ๐ ๐ด๐ผ๐ป๐ฒ, ๐ผ๐ป๐ฒ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป๐ฎ๐ถ๐ฟ๐ฒ ๐ฑ๐ผ๐๐ป. ๐
September was rough on the Sy fortune as SM stocks tumbled, Big Boy lost $400 million and Elizabeth dropped off Forbesโ real-time billionaire list.
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Balmain, Prada, Burberry: Pampangaโs Pinedas draw flak over designer outfits during flood rounds
Pampanga governor Lilia Pineda and her son Dennis Pineda drew criticism online after they were spotted wearing designer labels while making the rounds in flood-stricken areas in the aftermath of the strong Habagat.
READ: https://t.co/iJuzx7FMhc
FIRST ON B | Forex before birth? Ombudsman says Romualdez dummy firm made โฑ1.35B in Samchan deals before incorporation, then bought Doris Magsaysay-Hoโs mansion
The Office of the Ombudsman has accused former House Speaker Ferdinand Martin Romualdez, his alleged nominee and fraternity brother, lawyer Jose Raulito Paras, and money changer Samchan Foreign Exchange Corp. of orchestrating a series of simulated foreign exchange transactions to purchase a โฑ1.534-billion Forbes Park mansion formerly owned by shipping magnate Doris Teresa Magsaysay-Ho.
READ: https://t.co/hz454zZCsX
FIRST ON B | Lugi na, tumaya pa? Alleged Romualdez dummy firm sinks โฑ770M into family's Prime Media amid flood-control kickback rush
How does a company with zero revenue and millions in losses scoop up a โฑ768.5-million stake in publicly listed Prime Media Holdings?
FULL STORY: https://t.co/uOtVOa1mXo
Information beats intimidation. @bilyonaryo_ph fans thank you for being patient. We are currently parrying attacks on our site targeting our latest ghost flood control expose.
ICYMI: The Philippine Stock Exchange really stunk in 2025 that only one-fifth of the blue chip companies ended up in the green, with the richest and oldest ultra bilyonaryos battling for the yearโs top spot.
The 30 stock PSE Index fell 7.3% year on year to 6,052, sliding to a five-year low as investors stayed cautious through a bruising year. Only six blue chip firms managed to climb out of the rubble.
FULL STORY: https://t.co/vP5oxOAyPd
ICYMI: WHO GOT RICHER IN 2025?
A brutal year for Philippine equities split the countryโs richest, with only a handful of tycoons growing wealth while most saw fortunes shrink as the stock market slid to multi-year lows.
The benchmark 30-stock PSE Index fell 7.3% year on year to 6,052, a five-year low, in a year when only six blue-chip firms ended in the green and risk appetite thinned across the board.
The combined net worth of this ultra-bilyonaryo group fell by about a third, down $17.6 billion year on year to $36.7 billion in 2025 from $54.3 billion previously, driven mainly by the collapse in the net worth of Manny Villar, according to Forbes.
READ FULL STORY: https://t.co/qoR6nCZteE
ICYMI: Ravenous: Edvic and Eric Yap and fellow ghost contractors Samidan and Unimax of Ching brothers allegedly feasted on P16.6B in DPWH funds via dummy firm Silverwolves
Silverwolves Construction Corp., a major โghostโ project contractor allegedly linked to bilyonaryo politiko brothers Edvic and Eric Yap, started with just โฑ10 million in paid-up capital but went on to receive โฑ16.6 billion in funds from the Department of Public Works and Highways during the tenure of former secretary Manuel Bonoan.
Documents from the Anti-Money Laundering Council (AMLC) show that Silverwolves delivered only โฑ3.1 billion worth of flood-control projects between 2023 and 2025, covering 28 contracts. The remaining billions from DPWH were funneled to the Yap brothers, their associates and alleged dummies, and to other โghostโ contractors operating within the same network.
FULL STORY: https://t.co/Eyihwu8Qgx
Ghost contractors. Ghost flood control projects. A โฑ2B private air fleet.
AMLC says billions from Samidan and Unimax flowed into Sky Yard Aviation, helping Eric and Edvic Yap build a billionaire-level hangar capped by a โฑ550M Cessna jet.
The court has now frozen all aircraft and bank accounts.
FULL STORY: https://t.co/K2EtfHYO9q
The Philippine Chamber of Commerce and Industry (PCCI), the countryโs biggest business organization, is undergoing a major revamp, with more than half of its board replaced and one bilyonaryo stepping in as another steps back.
https://t.co/3HEDEcSzhh