Federico Lopez heads the family's Lopez Holdings, which has interests in energy and real estate. He is also the chairman of power conglomerate First Philippine Holdings.
His father Oscar stepped down as chairman of Lopez Holdings in 2020. He died in 2023 at age 93.
The family also has a stake in ABS-CBN, led by Federico's cousin Martin L. Lopez. It was founded in 1946 as a broadcaster but has since evolved into a media and entertainment company.
In 2020, Philippine lawmakers rejected ABS-CBN's bid to renew its 25-year franchise, leading to a shutdown of almost all its broadcasts.
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Nicolas Cage’s new live-action series, "Spider-Noir," based on Marvel’s "Spider-Man Noir" comic book series, is getting mostly positive reviews from Rotten Tomatoes critics.
The Mandalorian and Grogu should be a force to be reckoned with, but industry estimates suggest it is set for a similar domestic opening to Solo, Disney's biggest Star Wars flop.
Sen. Ted Cruz, Texas, said he was “deeply concerned” about what he has heard on a potential peace deal with Iran, suggesting it would empower the Iranian government.
The environment that created private credit has reversed: rates are elevated, refinancing is harder, and signs of stress are emerging across the asset class.
Home improvement tycoon William Belo’s net worth slumped over 40% to $520 million as shares of his big-box retailer Wilcon Depot sank to an eight-year low in April amid sluggish demand.
With the government doubling down on increasing internet access across the archipelago, shares of broadband services provider Converge ICT Solutions have been on a tear, zooming nearly two-thirds in the past year.
A five-year losing streak at JG Summit Holdings’ petrochemicals unit, which racked up losses of roughly 50 billion pesos ($88 million), prompted president and CEO Lance Gokongwei to make the tough call of shutting down operations for at least two years, starting January.