Philippines Rich & Wealthy
Is the subject of the Rich & Wealthy in Philippines taboo?
What are the statistics? How many are considered to be Rich & Wealthy in Philippines?
If you mentioned to a local that you are Affluent in Philippines will that lead to ridicule or admiration?
How do the Philippines Rich & Wealthy normally display their wealth?
Most of the rich here in our country are politicians. They may be rich when they entered politics or they got rich being in politics. Several notable rich families including the Ayala's are old families since the time of Spanish colonization when they owned vast areas of lands that they developed and became prime lots (Makati city).
I'm not sure about the statistics but the poor outnumbers the rich greatly. They don't usually flaunt them like publicizing the amount of cars, properties etc since like I said, most are in politics and usually a lot of their wealth is hidden.
International Level: New Activist / Political Participation: 19 1.9%