Below are the # of
Number of Adults
Wealth Range in ₱
Wealth Range in $
Top % Adults
5% net worth rule for car buying in ₱
10% net worth rule for car buying in ₱
70,140
50-250m
1-5m
0.12092%
2.5-12.5m
5-25m
6,363
250-500m
5-10m
0.01618%
12.5-25m
25-50m
3,872
500m-2.5b
10-50m
0.00667%
25-125m
50-250m
345
2.5b-5b
50-100m
0.00089%
125-250m
250-500m
217
5b-25b
100-500m
0.00037%
0.25-1.25b
0.5-2.5b
34
25+b
500+m
0.00005%
1.25+b
2.5+b
In the Credit Suisse Wealth Databook they count 66,960,000 adults
80,971 Pinoys with >$1 million ÷ 66,960,000 adults = 0.12092%
adults with >$1 million would be part of the top 0.12092%
Source: Credit Suisse Wealth Databook (2021) Page 126
When we cross reference Forbes Philippines' 50 Richest then the 34 individuals on the Credit Suisse Wealth Databook with $500+m aligns very closely to the top 30 of Forbes.
- High-Net-Worth Individual (HNWI) with at least $1 million in liquid financial assets
- Very-High-Net-Worth individual (VHNWI) with at least $5 million in liquid financial assets
- Ultra-High-Net-Worth Individual (UHNWI) with at least $30 million in liquid financial assets
Number of Adults
Wealth Range in ₱
Wealth Range in $
Top % Adults
5% net worth rule for car buying in ₱
10% net worth rule for car buying in ₱
70,140
50-250m
1-5m
0.12092%
2.5-12.5m
5-25m
6,363
250-500m
5-10m
0.01618%
12.5-25m
25-50m
3,872
500m-2.5b
10-50m
0.00667%
25-125m
50-250m
345
2.5b-5b
50-100m
0.00089%
125-250m
250-500m
217
5b-25b
100-500m
0.00037%
0.25-1.25b
0.5-2.5b
34
25+b
500+m
0.00005%
1.25+b
2.5+b
In the Credit Suisse Wealth Databook they count 66,960,000 adults
80,971 Pinoys with >$1 million ÷ 66,960,000 adults = 0.12092%
adults with >$1 million would be part of the top 0.12092%
Source: Credit Suisse Wealth Databook (2021) Page 126
When we cross reference Forbes Philippines' 50 Richest then the 34 individuals on the Credit Suisse Wealth Databook with $500+m aligns very closely to the top 30 of Forbes.