Metropolitan Bank & Trust Co. opened its first branch in Binondo in 1962, beginning a 64-year journey that would turn a neighborhood bank into one of the Philippines’ biggest financial institutions.
Tycoon Enrique Razon Jr. is getting stock compensation from International Container Terminal Services Inc. after a spectacular run in shares of the global port operator he controls.
Before there were airlines, malls and factories, there was a young John Gokongwei Jr. selling soap, candles and thread before dawn in Cebu’s public markets.
Juliette Romualdez returned to the Forbes Philippines’ 50 Richest list in 2026 after six years, re-entering the ranking at No. 50 with an estimated net worth of $185 million, or P11.2 billion.
Even among the Philippines’ richest, the wealth gap appears to be widening. Enrique Razon Jr. retained the top spot in the 2026 Forbes Philippines’ 50 Richest list with an estimated net worth of $21.8 billion.
Converge co-founder and CEO Dennis Anthony Uy marked his 60th birthday on June 1 with simple meals for employees and family gatherings, opting for a low-key celebration instead of the grand festivities often associated with such milestones.