To be in Forbes list of richest Filipinos - dream for the next 10 years

Every generation needs a revolution - an entrepreneurial revolution

Rizal Philippines
September 25, 2016


Forbes list of top 50 richest Filipinos

I just saw the list of top richest Filipinos listed in Forbes.  I realized that I forgot this as a goal while I thought.  My routine settled on grades arguing with school administrators, catching a plane, making syllabus, correcting papers.  Not exactly in line with selecting high value activities.

Being retired at 65 from teaching gave me a fresh look as to who I really want to be.  I want to be included in the list of richest Filipinos.  Say top 50.  Maybe a $1 billion.   (next 20 years)  For 10 years, I will settle for $100 million.

What will I do:

1. I will expand the Memorial Plan business make it multi billion in the next 5 years  (strive to sell 100,000 plans in next 5 years  -  that is about P3,000,000 billion worth -  good enough for $60 million

         1. put up and acquire chapels, crematorium

         2.  put and acquire more memorial parks

              Good for $30 million

2.  Develop subdivision, build and sell

3.  Expand the lending investor, acquire bank or join the rb and expand this into something else to help in #1 and #2

4.  Acquire schools

5.   Dab into the energy business


Maski wala sa worlds richest:

Moratorium for land conversion for two years

Every generation needs a revolution - an entrepreneurial revolution

Rizal Philippines
September 25, 2016

From DAR -draft EO for prohibition of land conversion from agricultural to non agricultural


I just learned today that there will be a two year moratorium in land conversion for two years, to protect the land awarded to farmer beneficiaries of some 4.7 million hectares that were CARPED (awarded to farmer beneficiaries)

The current secretary of DAR is Rafael Mariano the head of Kilusang Magbubukid ng Pilipinas.  a well known leftist organization; and Anak Pawis

You will recall that many of the CLT (Certificate of Land Transfer) awarded in many places of the Philippines like Sta Rosa Laguna, NE and elsewhere were sold during the time that they were not still saleable.  You will note that a celebrated farm owned by a top govt official in Batangas were CLT that were sold even though they had not expired.  Again the rich benefited from the land that the farmers got from the CARP program.  As a developer I did not take that development as an opportunity.  So I sorely missed the opportunity in Sta Rosa.  A classmate did.

Lands covered under the proposed EO are:

• all awarded lands under Republic Act 6657 (Comprehensive Agrarian Reform Program), Presidential Decree 27, and other agrarian reform laws
• agricultural lands with notices of coverage issued by DAR
• irrigated and irrigable lands
• prime agricultural lands
• privately-owned lands with farmer tenants
• agricultural lands being cultivated by farmers, individually or collectively

Is this the start of class war under Duterte?  Some called Gina Lopez decision to close mining companies as crazy.  Is the Dutertes halo beginning to unravel with anti business policies?

What do you think will happen with this moratorium?

So some hypothesis:

1.  Developers will increase their prices;  real estate will become more expensive.

2.  They will see this an opportunity to create shortage

3.  Many will buy and sell units from existing foreclosed mismanaged properties

4.  We will see more vertical developments

Opportunities abound; loss of one and new one opens

Every generation needs a revolution - an entrepreneurial revolution

Rizal Philippines
September 24, 2016

As we talked with the seller of the school (the founder) she looked sad that she would part with the love of her life.  Anyway, we have great opportunities ahead of us:

1.  A memorial park, cemetery in her home town in the Visayas  She is related to the mayor

2.  A cemetery in Zambales, the hometown of her husband.  Her husband is related to the mayor.

3. I also told her, I want to be in the Forbes list of those whose networth is at least $1 billion.  Having school is one of the good investments I can make. Phinma, the Montinolas, Yuchengcos are into school.   Say she runs the school academics, I set up the organization and the finances .  That would be a good combination isnt it?

I noted that she had the short end of  deal and she would still struggle to make ends meet.  Could I talk to the buyer to have consideration?

I will try.   I am just new in the organization that will buy the school, and I do not know my role