Our parents would always tell us: “Treasure your education, because that is your stepping stone to success.” For most of us, this piece of advice … Read More
Regarded as one of the most successful investors in the world, Warren Buffett is surely an inspiration to everyone who is looking to succeed.
One of the country’s largest conglomerates, Ayala Corporation (AC), is set to raise up to P10 billion through the issuance of Class B Preferred Shares.
Ayala Corp. announced it is issuing 20 million Class B Preferred Shares at a maximum price of P500 per share. The offering period runs from November 4 to 8.
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.
There are more than 600 million users on Facebook as of January 2011, according to the investment bank Goldman Sachs. If that number is not enough to amaze you, let us simplify that by saying it means — hold your breath — one in every 12 people in the world has a Facebook account.
Such widespread clout undoubtedly translates to power and, of course, money. True enough, five people who are or were connected to Facebook are now considered billionaires. They include the founders and investors of the popular social networking site (whose disputes were the subject of the movie The Social Network).
If you did watch The Social Network, we’re sure you’re familiar with these five Facebook billionaires.
To be a Hollywood celebrity is arguably to be in a position of power. The millions of dollars of earnings and throngs of adulating fans are proof of this.
In the US, Forbes Magazine compiled The Celebrity 100 — a ranking of the top 100 celebrities in the US based on money and fame.
Earnings estimates were based on income from films, TV shows, endorsements, books and other entertainment ventures. Fame was calculated through Google web hits, blog search, appearances on the cover of magazines, and number of Facebook friends and Twitter followers.
The richest person in the world this year is not anymore Bill Gates or Warren Buffet.
It is Mexican Carlos Slim Helu — the first man from a developing country to grab that top spot since Forbes Magazine started the list.
There are 1,011 billionaires in the 2010 Forbes list of The World’s Billionaires, with the US claiming 403, followed by China and Russia, both with 62. Germany has 53, India has 49, Hong Kong has 41, France has 37, Turkey has 28, Taiwan and Brazil both have 18 billionaires.
The Philippines has 2 — Henry Sy at #201 (US$4.2 billion) and Lucio Tan at #582 (US$1.7 billion).
The Top 10 list of the world’s wealthiest people below.
Here at PinoyMoneyTalk, we’ve always been a fan of the “List of the World’s Richest.”
We continue this today with a list of the top-paid sports persons in 2009. Compiled by Forbes Magazine, the ranking is based on earnings of the athletes from salaries, bonuses, prize money, endorsements and licensing income between June 2008 and June 2009 and does not deduct for taxes or agents’ fees.
Interestingly, Filipino boxing icon Manny Pacquiao is ranked 6th on the list, having earned more than $40 million.
