Let’s have this short quiz. Look at the picture below and answer the following questions.
Question #1: Which Type, among the five types below, you think best describes the current income structure in the Philippines?
Question #2: Which Type, for you, should be the ideal income class distribution in the country?
Who are considered “rich” in the Philippines?
It’s supposedly easy if we define “rich” as those belonging to the list of the Top 10 Richest Filipinos. However, even if your net worth does not run into billions of pesos, you may still be considered “rich” as per the definition of the National Statical Coordination Board (NSCB).