HOUSE OF LOPEZ DIVIDED
A dispute within the Lopez family has escalated into a legal battle over control of Lopez Inc. after the family patriarch Federico “Piki” Lopez was removed as president by his cousins led by Eugenio “Gabby” Lopez III.
The ouster followed what Piki described as a boardroom mutiny after he refused to inject ₱2 billion in reserve funds from Lopez Inc., the top holding company of the family empire spanning power, media and property, into debt-strapped, loss-making ABS-CBN Broadcasting Corp., which remains close to Gabby’s heart despite stepping away from the company five years ago.
Piki has gone to court to stop Gabby and his cousins from enforcing a boardroom resolution on February 27 removing Piki as president and installing Gabby’s younger brother, Lopez Inc. chairman Rafael “Raffy” Lopez, as Lopez Inc.’s new president.
Full story: bilyonaryo.com/2026/03/28/hou…
A dispute within the Lopez family has escalated into a legal battle over control of Lopez Inc. after the family patriarch Federico “Piki” Lopez was removed as president by his cousins led by Eugenio “Gabby” Lopez III.
bilyonaryo.com/2026/03/28/hou…
Photo and Tarp not mine. Ang mayorang nagpauto sa PR team niya. Hahaha grabe na ito. Nakalimutan ninyong lagyan ng glow yung puso. Sino naman kaya ang politikong nakapako sa krus ang magpapagawa ng tarp? Sige sunduin ninyo ang iniş namin 😅