April 10, 2013
According to Forbes Magazine’s list of the World’s Richest People in 2013, there are 1,426 billionaires this year. That list identifies people having net worth of at least $1 billion. Take note, in dollars!
Out of the 1,426 billionaires, 29 or roughly 2% have the outstanding feat of being part of the list although they have not yet reached the age of 40.
March 5, 2013
Forbes Magazine recently published its annual list of the World’s Richest People and in that list dominated by American billionaires, a Mexican tycoon proved to be the richest of them all, while a Filipino billionaire ranks 68th richest in the world.
The Forbes list now includes 1,426 billionaires, up 200 from last year’s list (see Top 10 List of World’s Richest People 2012). The United States again populates the list with 442 billionaires, followed by the Asia Pacific region with 386, Europe with 366, the Americas with 129, and Middle East and Africa with 103.
An infographic of the world’s top 10 richest people is shown below.
October 12, 2012
Market researchers and brand marketers usually use five socioeconomic classes — Class A, B, C, D, E — when describing income segments of a population. In the case of the Philippines, it’s tough to describe who really comprise these segments and how much percentage they are compared to the total population due to lack of credible and substantive researches.
September 19, 2012
Hey, we have a pop quiz for you.
Look at the picture below, and choose which one among the five types you believe best describes the income structure in the Philippines and which one should be the ideal class distribution in the country.
Simply stated, choose which one among the five choices (Type 1, 2, 3, 4 or 5) exemplify the current number in Philippine society and also your ideal scenario of rich and poor people.
August 28, 2012
Judging by Forbes Magazine’s 2012 list of the highest-paid celebrities, it seems the key to amassing huge wealth if you are in the entertainment industry is to neither be in center stage nor directly facing the camera.
Of course, no one can argue that that being an actor, actress, or singer pays relatively a lot. Just ask singers Taylor Swift, Justin Bieber, Lady Gaga and actors Kristin Stewart, Robert Pattinson, and Taylor Lautner who all received two-digit million-dollar incomes in the past year alone and earned for themselves the distinction Highest Paid Young Stars of 2012.
July 14, 2012
Being rich does not depend on gender, occupation, or age — as seen in the recent Forbes magazine’s list of the Top 10 highest paid stars under the age of 30. Six on the list are females, three are males; and 7 out of the 10 stars are singers, with only 3 being Hollywood celebrities.
March 8, 2012
According to the 2012 list of the World’s Richest Persons published by Forbes Magazine, there are now 1,226 billionaires worlwide with a total net worth amounting to $4.6 trillion.
The monetary power of these billionaires is as large as the total Gross Domestic Product (GDP) of India, the world’s 2nd most populous nation which registered a 2011 GDP of $4.47 trillion. The combined net worth of the 1,226 billionaires is also way more than the combined GDPs of 127 poorest countries in the world.
The Forbes list is dominated by the same people, with three new ones entering the Top 10 this year.
September 23, 2011
Forbes Magazine recently released its annual Top 400 list of the Richest Americans and, according to them, the combined net worth of these wealthy United States citizens amounts to $1.53 trillion.
Now here’s what this figure means: the total wealth of the 400 richest Americans is almost equivalent to the Gross Domestic Product (GDP) of one country alone, that is, Canada, the 9th largest economy in the world.
Philippines GDP = Wealth of Top 5 Richest Americans
What’s more surprising, the total net worth of the 400 richest Americans is even bigger than the GDP of 138 countries combined. Whoa.
August 15, 2011
Regarded as one of the most successful investors in the world and currently one of the World’s Richest People with a net worth valued at $50 billion, Warren Buffett is surely an inspiration to everyone who is looking to succeed.
Dubbed as the “Oracle of Omaha,” the CEO of Berkshire Hathaway is a firm believer in value investing or the strategy of buying stocks or companies that appear underpriced through some form of fundamental analysis.
His popular quotes regarding Value Investing:
June 27, 2011
And now there are eleven.
From five (5) Pinoy billionaires in last year’s list of the 40 Richest People in the Philippines, the 2011 Forbes magazine’s list of Filipino billionaires now has a total of eleven (11).
The five billionaires from last year are still there: shopping mall magnate Henry Sy is still No 1. Lucio Tan of PAL, Fortune Tobacco and Eton Properties remains at No. 2 while John Gokongwei Jr. of JG Summit Holdings, Cebu Pacific and Robinsons Land is also unchanged at No. 3.