IS IT TRUE that Bea Alonzo has a net worth of PHP300 million?

 

Bea Alonzo's signing of an exclusive contract with GMA-7, a career move that surprised her supporters, sparked rumors that it was all about the talent fee. "Bakit, naghihirap na ba siya?" said a director, without mentioning the actress.  

Busybodies have gone into overdrive speculating on the value of Bea's contract, especially the perks that come with it as if they'll ever know. According to rumors circulating on social media, it's worth between PHP200 million and PHP500 million, with some netizens estimating that Bea's per-taping-day pay is PHP250,000\.

These are, of course, pure speculations with no basis in fact, as all labor contracts are kept absolutely confidential among the parties concerned. For instance, only Bea's manager, Shirley Kuan, is aware of the specifics of her contract with GMA-7, just as the contents of her previous contracts with ABS-CBN, her former home network, were never published.

Google "Bea Alonzo net worth," and you'll find a slew of headlines suggesting her net worth is around USD6 million (or PHP299 million at the current conversion rate). Some estimate it to be as high as USD180 million (or PHP8.9 billion). Bea Alonzo appears to be a wealthy woman, based on her profits from film and television productions, as well as her endorsements.

Bea was one of 39 celebrities and personalities from the entertainment sector who were named to the top 500 individual taxpayers in the country in 2013\. According to a report provided by the Department of Finance, the former Kapamilya actress arrived on the 105th rank after paying PHP15,480,048.00 in taxes.

However, the epidemic has forced changes in the way talent payments are distributed in the industry. According to a source, the remaining film producers are proposing that the stars reduce their regular salaries by up to 50%. Aside from TV and movie partnerships, sponsorships or brand deals are big moneymakers for showbiz stars, paying up to seven figures per endorsement.

A prominent personal care brand was said to have been able to offer celebrities of Bea's stature an endorsement agreement worth at least PHP4 million. Bea has 2.1 million followers on her verified Facebook page, 1.77 million subscribers on YouTube, and 9.5 million Instagram followers. A YouTube account with over 100,000 subscribers and more than two videos per day can earn as much as 100,000 per month.

According to a source, depending on how many brand invasions they will include on their vlogs or video material, celebrity vloggers with over 10 million followers can earn at least PHP5 million to PHP11 million. It's not surprising that Bea has made a seven-figure profit from her YouTube channel. Bea has spent her profits in stocks, real estate, and a variety of enterprises over the years.

She also owns a 16-hectare property in Zambales, which she and her mom Mary Anne Ranollo have turned into an organic farm called Beati Firma. She also owns two condominium units from Sta. Lucia Land Inc., located in Pasig and Cavite. According to Sta Lucia Land's official website, the price range for a unit at Orchard Towers starts at PHP1,000,000 and goes up to PHP4,000,000\. Splendido Taal Towers, on the other hand, has units ranging in price from PHP 2 million to PHP 10 million.

Bea's estimated net worth is at least PHP300 million, based on the market value of her known assets.