Category: Millionaires & Billionaires

One Dollar Idea

dollar-signWhy pay a dollar for a bookmark?
Why not use the dollar for a bookmark?
– Steven Spielberg


One Dollar Idea

Why not indeed! When a bookmark has ceased its usefulness, we get rid of it, whilst a dollar will always has value, which of course is subject to inflation. But a dollar is a dollar.

big-pound-signIn the UK, the rough equivalent of a dollar is the pound. The pound has become really mighty in terms of its reputation of spendability.

Pound shops are growing exponentially. They are everywhere. Everyone goes out there to shop, the rich, the very rich, the middle classes, the working class and sometimes the down and outs.

Everything is for a pound but sometimes it is even less (especially if you shop at its sister company the 99p)

The first tine I went to a pound shop, I saw a huge Toblerone which I could not believe was only for a pound. I had to double check that it was for a pound, afterall just a few weeks before I paid £4.99 for the same size at the Duty Free. I just bought one because I know my Toblerone. I have been eating it regularly on a weekly basis for the past 29 years. I am an afficionado. 😉  Got home, unpacked the shopping. Sat down in front of the telly with my cup of tea and then slowly and rather gingerly unwrapped my Toblerone, I was rather half expecting that something untoward was about to happen. I don’t know, I thought it would be green or mouldy. But it was fresh, and delicious, and nougathy and crunchy and nutty and heavenly. It tasted like the kosher Toblerone. Result!!!

It gave food for concern thought.  Instead of Peter buying me the smallest size Toblerone weekly, I now have the full size one any day of the week? I don’t really want to get even fatter. Seriously!

Ooops I digress. Anyway in the pound shop you can almost get anything. They have even started selling milk, eggs, butter, bacon, sausages which I have to admit I would still prefer to buy from my local Sainsburys even if they could twice the price. I don’t know, it is just me.

Henares: Lifetime tax break for Pacquiao unfair


I agree with Kim Herares!  I have to clarify what I meant about Manny Pacquiao and his tax.  I did not mean for him to get a lifetime tax-break.  That is most unfair.  Manny has enough money to last him and his family several lifetimes.

Not paying any tax is beyond a joke and an insult to you and me who have to pay from our meagre salaries.

What they should have done was to let Manny and the Filipinos basked in the glory of Manny’s winning back the title.  Let us all show our pride;  that despite Manny having been written off as getting on a bit and rather pathetic to still boxing at his age, he showed the world that age was not a hindrance.  It is always been about skill and stamina.

The BIR (Bureau of Internal Revenue) could have postponed their efficacy for money grabbing.  Though Kim Henares is right to ask Manny to pay for his income tax or demand for receipts of purported taxes which have been paid to the US.

Kim Henares should also go for  Janet Napoles, Enrile, Estrada and Revilla and all those implicated under the pork barrel scandals and review their tax return under a fine tooth comb.

Kim Henares and the BIR posturing look like they are victimising  Manny Pacquiao by making him an example.  Manny is an easy target to them and they are making the poor guy squirmed.  Really horrendous way to treat a national fist icon.

Anyway, again, Manny should pay tax, just like everyone else who is gainfully employed.

JPJhermes, Nagpapatrol


Henares: Lifetime tax break for Pacquiao unfair

by Jon Carlos Rodriguez,
Posted at 12/05/2013 10:12 PM | Updated as of 12/06/2013 12:10 AM

MANILA – Bureau of Internal Revenue (BIR) Commissioner Kim Henares criticized the proposed bill seeking to give Sarangani congressman and boxing champion Manny Pacquiao a lifetime tax exemption, calling it “unconstitutional.”

Henares said giving Pacquiao a lifetime tax break for his accomplishments as a boxer will be unfair to other taxpayers.

“There should be a valid classification and everyone who is similarly situated should be accorded the same privilege. We have other national heroes, why aren’t we giving them the same privilege?” she told ANC on Thursday.

She said honoring Pacquiao with the privilege may also expose the country’s skewed value system, which venerates icons and not the soldiers who risk life and limb to protect and defend the country.

“Ito ang magiging tanong: kung ako ay sundalo, eh bakit ako walang exemption eh ang puhunan ko ay buhay ko? Kung hindi naman public sector ang papag-usapan natin, sasabihin ng mga lineman, eh bakit ako hindi ako in-exempt eh tinataya ko ang buhay ko kapag nagre-repair ako ng electric lines. Pero ‘yung mga athlete, hindi naman nila tinataya ang buhay nila for the benefit of other people, it’s for themselves,” she said in a separate interview on dzMM.

The tax exemption for Pacquiao was proposed by Valenzuela City Rep. Magtanggol Gunigundo, who wants the bill to known as the Pacquiao Act of 2013.

Under Section 3 of the bill, it says the “state shall confer lifetime individual income tax exemption to boxing icon Emmanuel Dapidran Pacquiao, also known as Manny Pacquiao, who has given outstanding honor and pride to the Filipino people.”

But Henares disputed this, saying that giving honor to a country is not enough basis for a tax exemption.

“Ang karangalan ng bansa ay inaambag ng bawat mamamayan, hindi lang naman isang tao. So kung ganoon ang criteria natin, madami ding mamamayan na nagbibigay ng karangalan eh bakit hindi natin bigyan ng exemption,” she said.

Only minimum wage earners and overseas Filipino workers are exempted from paying income taxes in the Philippines.

Henares also opposed the proposal by ABAKADA partylist Rep. Jonathan dela Cruz to grant tax perks to athletes who win prizes overseas, saying that the government should give assistance to them during their training, not when they have already reaped success.

She suggested that the government should instead provide them with pension plans, healthcare or life insurance.

“May ibang panukala para sa athletes in general, pero hindi naman ‘yan ang kailangan nilang tulong eh. Ang kailangan nila ay ‘pag nag-uumpisa pa sila, ‘yung training nila para magchampion sila. At kapag nagchampion sila, may pagkakataon na sila kumita,” she said.

She also said that exempting athletes from paying taxes may mean that the government will subsidize the “lavish lifestyle” common to wealthy athletes.

“Kung nanalo sila, buti kung lahat ng gastos nila ay binibigay nila sa nation building. I’m not generalizing, but if you look at the history of athletes, they earn big money but at the end of the day, nawawala ‘yung money kasi ginastos nila pambili ng magagarang kotse, bahay, maluhong pamumuhay, ‘yung iba pa nga diyan may bisyo. Ibig sabihin, kapag in-exempt niyo, ang gobyerno ang magsu-subsidize ng standard of living na ‘yan. Parang hindi naman tama ‘yan,” she said.


Gunigundo, meanwhile, defended the constitutionality of his bill, saying there is nothing in the Constitution that says granting tax breaks to an individual is illegal.

“There is nothing wrong with giving individual tax exemption. Why? Because we are also conferring individual Filipino citizenship to foreigners who did so much for our nation to lift up our country,” he told ANC.

He said if corporations are given “tax holidays,” Filipinos who have brought pride to the country should also be given tax perks.

“Bakit hindi natin magawa ‘yan sa isang tao na nagbigay ng napakagandang karangalan sa ating bansa,” he said.

Pacquiao is currently in a legal battle with the BIR for back taxes from 2008 to 2009 worth over P2.2 billion.

He has filed a civil case against the BIR before the Court of Tax Appeals (CTA) questioning the tax liability. The next hearing is scheduled on January 16.

The CTA has issued a gag order against Pacquiao and the BIR on the tax case.

Gems from the House of Faberge’

The House of Faberge’ produced sumptuous jewels, arts and designs.  It is most famous for its Faberge eggs which were made from 1885 to 1917.  The Faberge are jeweled eggs, which have ornate desigs on them.  They became a popular gift during Easter.  Larger version were made for the Russian royal family but most eggs though were smaller and worn as a pendant.

Faberge’s are very collectible not only for the design but its cloud of mystery.  Plenty of the pieces made were still unaccounted.  Out of 50 eggs made only 42 exist today.

Perhaps it is a good weekend job to go into your attics and hunt for a Faberge or two. LOL

Anyway the Faberge eggs were created for the Romanov family of Russia.

Before Russia descended into communism, it was ruled by the powerful and Romanov who were as”rich as Croesus”.  They were in power for almost 300 years.

Around 1882 the Tsar Alexander III became acquainted with the works of the House of Faberge’, he was so impressed that he appointed them as the official supplier to the imperial court.

In 1885, the Tsar had a brilliant idea of commissioning Faberge to create a brilliant Easter surprise worthy of an empress for the Tsarina Maria Feodorovna.

Faberge came up with the First Imperial Egg.  It was like a chicken egg which was enameled in white.  Inside is a golden ball which represent the yolk.  Still inside was another surprise, it was a miniature golden chicken. The Tsarina was suitably dazzled by this golden gift. The Tsarina probably showed the Csar her appreciation ;). The Csar commissioned more eggs for every Easter.
The ultimate Kinder surprise 🙂
To be continued


First Imperial Egg


Danish Jubilee Egg

Danish Jubilee Egg

Royal Danish Faberge Egg, Dimensions: 9.5in (H) X 3.25in (W), Weight: 3 lbs 12 oz, Material: Pewter, Enamel, Crystals, Plays ~For Elise~ by Ludwig van Beethoven. Russian Imperial Royal Danish Jubilee Egg is surmounted by a Danish Royal Elephant and supported by 3 danish heraldic lions, the white enameled egg is marked by diamond-set imperial crown. At the center it has the crowned monogram of Tsarina Mariya name, emblazoned in rose-cut crystals. The double-sided miniature photo frame surmounted by a crystal crown is fitted inside.  

Winter Egg 1913

Winter Egg 1913

The exterior of the egg is studded with 1,660 diamonds and made from quartz, platinum and orthoclase. The miniature surprise basket is studded with 1,378 diamonds and is made from platinum and gold, while the flowers are made of white quartz and the leaves are made of demantoid.  The flowers lie in gold moss. The egg is 102 millimeters high.

The egg was given by Czar Nicholas II to his mother, Dowager Empress Maria Feodorovna, on Easter 1913.

It was auctioned in by Christie’s on 20 April 2002 and it was bought by an anonymous telephone bidder for almost $9.6 million.

Spring Flower Egg by Perchin

Spring Flower Egg by Perchin


Spring Flowers Egg

Spring Flowers Egg


The Spring Flowers Egg, hallmarked with head workmaster Michael Perchin’s “early” mark, is struck with the St. Petersburg’s assay mark for before 1899 and appears to bear a scratched number 443 (or 4) 74, which may or may not be Fabergé’s inventory number. Its original fitted case is stamped with Fabergé’s Imperial Warrant and the addresses of St. Petersburg, Moscow and London. These facts seem to be in apparent contradiction. The hallmark dates the egg to before 1899, the original case to after 1903, after the opening of the London Branch. Inventory numbers do not generally appear on Imperial eggs.








Blue Enamel Ribbed Egg

Blue Enamel Ribbed Egg

Blue Enamel Ribbed Egg


As the name implies, it is of three colors of gold with translucent sapphire blue enamel in a simplified Renaissance style. It is surmounted with an Imperial crown of gold set with sapphires and diamonds.

ca. 1885 – 1891


Made in St Petersburg, Russia
Owner: Estate of the late Stavros S. Niarchos, Paris




Memory of the Azova Egg

Memory of the Azova Egg

The Memory of Azov Egg (or the Azova Egg) is a jewelled Easter egg made under the supervision of the Russian jeweller Peter Carl Faberge in 1891 for Tsar Alexander III of Russia. It was presented by Alexander III as an Easter gift to his wife, the Czarina Maria Feodorovna. It is currently held in the Kremlin Armoury Museum in Moscow.

Carved from a solid piece of heliotrope jasper, also known as bloodstone, the Memory of Azov Egg is decorated in the Louis XV style with a superimposed gold pattern of rococoscrolls with brilliant diamonds and chased gold flowers. The broad flute gold bezel is set with a drop ruby and two diamonds that complete the clasp. The egg’s interior is lined with greenvelvet.

The surprise contained within is a miniature replica of the Imperial Russian Navy cruiserPamiat Azova (Memory of Azov), executed in red and yellow gold and platinum with small diamonds for windows, set on a piece of aquamarine representing the water. The name “Azov” appears on the ship’s stern. The plate has a golden frame with a loop enabling the model to be removed from the egg.


Ultra-rare faberge egg found Faberge

The £20m Faberge Easter egg that was nearly melted for scrap

4 April 2014 Last updated at 21:21 BST

A Faberge Easter egg which once belonged to Russian royalty but was feared lost or destroyed is to go on display for the first time in more than 100 years.

A scrap metal dealer in the United States bought the egg for about £8,000 ($14,000) thinking he could melt it down for gold.

It was only after reading a newspaper article that he realised its value; one of just 50 made for the Russian Royal family, it has recently been sold for around £20m.

That article was written by BBC reporter Roya Nikkhah who has taken a close-up look at the egg with Kieran McCarthy, director of Wartski.

The top 40 richest in the Philippines

Is it true that Kris Aquino paid the most tax, more than any of the billionaires and millionaires on the list below?

1) Henry Sy – $9.1 billion (SM Prime)
2) Lucio Tan – $4.5 billion (Phillip Morris Fortune Tobacco)
3) Enrique Razon Jr. – $3.6 billion (International Container Terminal Services)
4) John Gokongwei Jr. – $3.2 billion (JG Summit)
5) David Consunji – $2.7 billion (DMCI)

6) Andrew Tan – $2.3 billion (Alliance Global)
7) Jaime Zobel de Ayala – $2.2 billion (Ayala Corp.)
8) George Ty – $1.7 billion (Metropolitan Bank)
9) Roberto Ongpin – $1.5 billion (Atok-Big Wedge)
10) Eduardo Cojuangco Jr. – $1.4 billion (San Miguel)

11) Roberto Coyiuto Jr. – $1.3 billion (National Grid)
12) Tony Tan Caktiong – $1.25 billion (Jollibee Foods)
13) Lucio and Susan Co – $1.2 billion (Puregold Price Club)
14) Iñigo and Mercedes Zobel – $1.15 billion (Ayala Corp.)
15) Emilio Yap – $1.1 billion (Philtrust Bank)

16) Jon Ramon Aboitiz – $955 million (Aboitiz Equity Ventures)
17) Andrew Gotianun – $825 million (Filinvest Development)
18) Manuel Villar – $720 million (Vista Land and Lifescapes)
19) Beatrice Campos – $700 million (Unilab)
20) Vivian Que Azcona – $690 million (Mercury Drug)

21) Alfonso Yuchengco – $570 million (Rizal Commercial Bank)
22) Mariano Tan Jr. – $420 million (Unilab)
23) Enrique Aboitiz – $400 million (Aboitiz & Co.)
24) Eric Recto – $365 million (Alphaland)
25) Jose Antonio – $300 million (Century Properties Group)

26) Gilberto Duavit – $270 million (GMA Network)
27) Menardo Jimenez – $265 million (GMA Network)
28) Frederick Dy – $260 million (Security Bank)
29) Manuel Zamora Jr. – $255 million (Nickel Asia)
30) Alfredo Ramos – $$250 million (Atlas Consolidated Mining and Development)

31) Oscar Lopez – $245 million (ABS-CBN)
32) Felipe Gozon – $240 million (GMA Network)
33) Betty Ang – $235 million (Monde Nissin)
34) Wilfred Uytengsu Jr. – $230 million (Alaska Milk)
35) Juliette Romualdez – $200 million (Banco de Oro)

36) Bienvenido Tantoco Sr. – $195 million (Rustan Commercial)
37) Jacinto Ng Sr. – $190 million (Rebisco)
38) Tomas Alcantara – $160 million (Alsons Consolidated Resources)
39) Michael Cosiquien – $150 million (Megawide Construction)
40) Edgar Sia II – $140 million (Mang Inasal)

Henry Ford

Henry Ford (July 30, 1863 – April 7, 1947) was an American industrialist, the founder of the Ford Motor Company, and sponsor of the development of the assembly line technique of mass production.

Henry Ford (July 30, 1863 – April 7, 1947) was an American industrialist, the founder of the Ford Motor Company, and sponsor of the development of the assembly line technique of mass production.

Often, it is assumed that Henry Ford invented the automobile.

What he actually did was to ensure that many of middle-income Americans would be able to afford to buy an automobile.  Ford developed and manufactured reasonably priced cars for the masses, thereby revolutionising transportation and ultimately the American industry.

“Any customer can have a car painted any colour that he wants so long as it is black.”
– Henry Ford
“Coming together is a beginning; keeping together is progress; working together is success.”
―Henry Ford

Don’t find fault.  Find a remedy.
~Henry Ford

“History is more or less bunk. It’s tradition. We don’t want tradition. We want to live in the present, and the only history that is worth a tinker’s damn is the history that we make today.”
– Henry Ford (Chicago Tribune, 1916).

It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.
– Henry Ford
Luck and destiny are the excuses of the world’s failures.
– Henry Ford

Nothing is particularly hard if you divide it not small jobs.
– Henry Ford

”Whether you think you can or think you can’t, you’re right.”
– Henry Ford

Most expensive house for sale sheds £35 million from its asking price to a ‘more realistic’ £65 million

Wow, I wish I have got £65Million. I’d like to live in that house. Simply beautiful, no not simple really more like extravagantly beautiful. Perhaps in my next lifetime! 😉

We often pass the huge houses at Bishop’s Avenue when we go to Golder’s Hill Park


Yahoo! Finance UKYahoo! Finance UK – 18 hours ago
  • The most expensive home on the market has dropped its asking price

    SWNS – The most expensive home on the market has dropped its asking price

The most expensive home on the market in Britain has been forced to slash its asking price by a staggering £35 million.

Heath Hall, a 14-bedroom mansion in north London, was put on the market in 2011 with a guide price of £100 million.

But a lack of interest in the Grade II listed home has seen the owner, property tycoon Andreas Panayiotou, drop it to a “more realistic” £65 million.

Heath Hall was initially built in 1910, but fell into disrepair before the current owner bought it. (Photo: SW …

The £35 million difference is enough to buy a six-bedroom Georgian terrace in upmarket Belgravia or 215 ‘average’ UK homes priced at £162,000.

Mr Panayiotou bought Heath Hall, which was built in 1910 for sugar magnate William Park Lyle, in 2006 after it had fallen into disrepair.

He then spent £40 million transforming it into one of the most impressive homes on The Bishops Avenue, an exclusive road in Hampstead known as Billionaires’ Row.

The home – the most expensive currently for sale on the open market- is now being marketed by high end estate agency Knight Frank.

The mansion has six reception rooms. (Photo: SWNS)

Grant Alexson, head of Knight Frank’s Hampstead office, said: “The £65 million price is more realistic. It is not a bargain, but there is no house like it.

“It is beyond ambassadorial, it is the sort of home which is perfect for kings or princes.

“It has a terrific plot and is one of the largest houses in the area. It has the largest front of any home on The Bishops Avenue and this is important.”

12 types of marble were used for the bathrooms. (Photo: SWNS)

The Bank of China took over Heath Hall in the 1950s and housed their staff in communist conditions, almost turning the mansion into a hostel with workers sleeping on bunk beds.

When Mr Panayiotou bought it in 2006, he set about transforming it into one of the capital’s finest homes.

There’s a tennis court within the 2.5 acres of land that comes with the home. (Photo: SWNS)

The East London-based businessman employed a team of 120 tradesmen for the renovation, adding a further 8,000sq/ft to the already substantial 19,000sq/ft.

The home, set in 2.5-acres of manicured gardens, boasts 14 bedroom suites, six reception rooms, a drawing room, dining room, family room, sun room and snooker room.

One the mansion’s many bedrooms. (Photo: SWNS)

There is also a library, home cinema, steam room with sauna, fully fitted home gym and wine cellar with climate controlled temperature.

The mansion has a cinema, as well as a gym, snooker room and library. (Photo: SWNS)

Twelve types of Italian marble and seven types of wood were used for the bathrooms while the snooker room, office, bar, library and grand staircase are all clad in Oak.

All of the carpentry and hand-carved marble basins were prepared in Italy before being transported to the property.

Bishops Avenue is now known as Billionaires’ Row because of the incredible wealth of the residents which include the Saudi Royal Family.

Jim Rohn

Emanuel James “Jim” Rohn (September 17, 1930 – December 5, 2009) was an American entrepreneur, author and motivational speaker. His rags to riches story played a large part in his work, which influenced others in the personal development industry.



Don’t bring your need to the marketplace, bring your skill.  If you don’t feel well, tell your doctor, but not the marketplace.  If you need money, go to the bank, but not the marketplace.
– Jim Rohn

If you don’t like how things are, change it! You’re not a tree. ~Jim Rohn

If you don’t design your own life plan, chances are you’ll fall into someone else’s plan.  and guess what they have planned for you?  Not much.
– Jim Rohn

The walls we build around us to keep sadness out also keeps out the joy.
~Jim Rohn

“Take care of your body. It’s the only place you have to live.”
– Jim Rohn

The worst thing one can do is not to try, to be aware of what one wants and not give in to it, to spend years in silent hurt wondering if something could have materialised – never knowing.
– Jim Rohn

“Your life does not get better by chance, it gets better by change.”
– Jim Rohn

You must take personal responsiblity. You cannot change the circumstances, the seasons, or the wind, but you can change yourself. that is something you have charge of.
– Jim Rohn

%d bloggers like this: