Luis ‘Chavit’ Singson Unveils Monthly Income As Certified Rich Filipino

Filipino Businessman Luis ‘Chavit’ Singson Reveals His Monthly Income As Certified Crazy Rich Filipino

Luis ‘Chavit’ Singson has unveiled his monthly income as a certified crazy rich Filipino and showed multi-million business empire.

The Filipino business tycoon Luis “Chavit” Singson is considered as one of the richest people in the Philippines.

Singson shows his multi-million businesses and even revealed his yearly and monthly income from the companies he owns.

Luis ‘Chavit’ Singson

Luis ‘Chavit’ Singson

Here are some of the companies under Singson’s name:

  • Blemp Commercial of the Philippines, Inc.

The Pinoy businessman declared that he earns PHP 84. 4 million, a paid-up capital of PHP 10 million, and net income of PHP 8.8 million from this real estate, renting, and business activities.

  • Partas Transportation

The transportation company declared revenue of PHP 570. 6 million, a paid-up capital of PHP 20 million, and net income of PHP 4.4 million from carrying passengers and various cargo between Ilocos Sur and Manila.

  • Chavit Tree Project Corporation

This real estate corporation delivers lumber from fast-growing species and grown in partnership with landowners.

  • Clark Luis Retail

Chavit bought the world’s leading sports retailer “Go Sport”, which originated in France.

  • Hallohallo Skylark Lending Corporation
  • Platinum Skies Aviation
  • Satrap mining Corporation
  • Satrap Power Corporation
  • White Lion Media Production Inc.

Luis ‘Chavit’ Singson

The 77-year-old former politician revealed his net revenues from his businesses.

“My net revenues amount to about PHP 120 million a month. There are a lot (of companies). I have many businesses that earn millions. The construction (business) I make billions; the transportation (business), I’m netting around PHP 100 million a month; I’ve earned PHP 1 billion from that in previous years, just for transportation,” Chavit Singson said.

Luis ‘Chavit’ Singson

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