WASHINGTON, United States (AFP) — US businessman Warren Buffett on Wednesday joined the small circle of executives worth more than $100 billion, which also includes Jeff Bezos, Elon Musk, Bernard Arnault and Bill Gates, Forbes magazine reported. The share price of his company Berkshire Hathaway reached a record level Wednesday, pushing his fortune to $100.3 billion — the first time that his net worth has crossed the $100 billion threshold. Buffett, 90, known as the […]
Tag: Forbes
James tops NBA rich list: Forbes
LOS ANGELES, United States (AFP) — LeBron James remains the top-earning player in the NBA while an increasing number of stars have boosted their income through off-field activities, a Forbes survey revealed Tuesday. Forbes said that Los Angeles Lakers star James was the highest-paid player in basketball for a fifth straight year, pocketing an estimated $88.7 million in 2018-2019. Around $35.7 million of James’s earnings came from salary and bonuses, while $53 million was generated […]
“The true source of power is the people,” Palace says on Forbes’ inclusion of Duterte in list of world’s most powerful men
(Eagle News) — “The true source of power is the people.” Presidential Spokesperson Harry Roque had this to say when asked to comment on the inclusion of President Rodrigo Duterte in Forbes’ list of most powerful people in the world. According to Roque, that phrase has been cited by Duterte himself many times. “The presidency, in the mind of PRRD (Duterte), begins and ends with public trust where real power emanates,” Roque said, noting that […]
Forbes includes President Duterte in list of most powerful people anew
(Eagle News)–President Rodrigo Duterte has been included in Forbes magazine’s list of most powerful men in the world. Duterte clinched the 69th spot, up from the 70th spot he got in 2017. Chinese President Xi Jinping was at the top spot, followed by Russia President Vladimir Putin, who had held the number one rank for four consecutive years. US President Donald Trump ranked number three. Also in the top 10 are Amazon CEO Jeff Bezos, […]
Apple buys digital magazine subscription service
SAN FRANCISCO, United States (AFP) — Apple announced Monday it is buying digital magazine subscription service Texture, adding to the side of its business aimed at making money from online content or services. The iPhone maker did not disclose financial terms of the deal to buy Texture from its owners — publishers Conde Nast, Hearst, Meredith, Rogers Media and global investment firm KKR. Texture gives subscribers unlimited access to more than 200 magazines, such as […]
Beyonce tops Forbes’ 2017 list of highest paid women in music
Reuters — Beyonce’s hit album “Lemonade” and world tour made her the highest-paid woman in music in 2017, according to an annual Forbes list on Monday (November 20), edging out Britain’s Adele and pop star Taylor Swift. The R&B singer earned some $105 million from record sales and from her “Formation” concert tour, according to Forbes. She also has her own Ivy Park fashion line and other business interests. Adele, whose “25” album broke first-week […]
Calvin Harris tops Forbes list of highest-earning DJs for fifth year
LOS ANGELES, United States (Reuters) — Scottish musician Calvin Harris ruled Forbes’ annual list of electronic cash kings on Tuesday (August 8) as he was named the highest-paid DJ for the fifth consecutive year, outpacing Dutch DJ Tiesto and newcomers The Chainsmokers. Harris, 33, brought in $48.5 million between June 2016 and June 2017, with earnings from residences in Las Vegas and festival performances as well as from producing pop hits such as his latest […]
Diddy tops Forbes list of celebrity high earners
NEW YORK, United States (AFP) — Rapper-turned-businessman Diddy was the world’s top-paid celebrity in the past year, edging out closest competitor Beyonce, Forbes said in its annual list Monday. Diddy earned $130 million in the past 12 months, of which $70 million came from selling a one-third stake in his Sean John clothing line. Diddy — whose real name is Sean Combs and earlier in his career was known as Puff Daddy — is estimated by […]
Ronaldo stays atop Forbes list of richest athletes
NEW YORK, United States (AFP) — Real Madrid star Cristiano Ronaldo remained atop Forbes magazine’s list of 100 highest-paid athletes, with Cleveland Cavaliers star LeBron James moving up to second on a list heavy on NBA players. The 32-year-old Portugal forward is estimated to have earned a total of $93 million between his football salary of $58 million and $35 million in endorsement income. It’s the second straight year Ronaldo has topped the list, released […]
Bill Gates is still richest in the world: Forbes
QUEZON City, Philippines (Eagle News) — Microsoft co-founder, Bill Gates, has topped the list of Top Ten Billionaires in the World. According to the Forbes Magazine, Bill Gates bested all the other people in the world with his estimated wealth of $86 billion. This is the fourth time Gates topped the list. Also included in the Top 10 of the list are Facebook founder Mark Zuckerberg, and Warren Buffet of Berkshire Hathaway. US President Donald Trump, a […]
Henry Sy, richest man in the Philippines – Forbes
QUEZON City, Philippines (Eagle News) — Henry Sy once again topped the list of richest men in the Philippines based on the ranking released by Forbes Magazine. SM founder Sy has an estimated wealth of $12.7 billion and is the 94th richest in the world. This is the 10th consecutive time that Henry Sy topped the list.
President Duterte makes it to Forbes’ “World’s Most Powerful People”
(Eagle News) – Philippine President Rodrigo Duterte was chosen as among the 74 “World’s Most Powerful People” in the influential Forbes’ annual ranking this year, along with world leaders Russian President Vladimir Putin, US President-elect Donald Trump, German chancellor Angela Merkel, and Chinese President Xi Jinping who ranked first to fourth place respectively. Mr. Duterte ranked no. 70 in the Forbes’ ranking, and is one of the 11 new names on the list […]





