Monthly Archives: June 2012

Rich got richer: Forbes’ list highlights growing inequality

The rich are getting richer while the poor are increasing in number.

This was the assessment of  the umbrella group Bagong Alyansang Makabayan as Forbes released its list of 40 richest Filipinos, topped by mall and real estate tycoon Henry Sy. The 40 richest people in the Philippines saw their wealth grow over $13 billion to $47.4 billion this year, Read More »