GT Capital founder sells stock after 50% rise

Filipino business magnate George Ty sold partial stake in his flagship company after the stock reached an all-time high.
George Ty and his family has a net worth of $4.6 billion according to Forbes
George Ty and his family has a net worth of $4.6 billion according to Forbes

Filipino tycoon George Ty and his family raised Ps8 billion ($172 million) from the sale of shares in their flagship company GT Capital on Wednesday night, taking advantage of a big rally in the stock since the last time they sold shares.

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