Despite his multibillion-dollar business empire, tycoon Manuel V. Pangilinan received a P10,000 birthday cash gift from the government, according to Philstar Biz.
The mandatory cash gift is part of the government's social pension program for senior citizens, which provides annual birthday payouts. Pangilinan, a prominent Filipino businessman and chairman of PLDT and Metro Pacific, qualified as a senior citizen.
The article details how Pangilinan spent the amount, illustrating the program's reach across income levels and its universal application.