Top 10 Billionaires’ wealth grows three times faster than workers’ wages

April 4, 2024


The combined net worth of the 10 richest Filipinos grew by 20% from Php1.9 trillion to Php2.3 trillion in 2024. This was concentrated in the 3 richest billionaires whose wealth grew almost four times as much as the others in the Top 10.



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IBON Foundation

IBON Foundation is a non-stock, non-profit development organization. We have been serving the Filipino people through research and education since 1978. IBON seeks to promote an understanding of socioeconomics that serves the interests and aspirations of the Filipino people. We study the most urgent social, economic, and political issues confronting Philippine society and the world.

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