I remember talking to my old classmate Vanni De Sequera while doing a piece for Homestyle Magazine and I asked him if the local magazine industry is doing well what with the glut in the stands. He said that not many sell and people like putting a magazine out if they have extra cash to spend and because it looks good in one's portfolio.
And that brings to mind, the world's noveau rich who buy football clubs in the English Premier League.
So what do local taipans do?
They buy UAAP schools. There are the Tans for UE. The Sys for NU. I don't know if you can say the Gokongweis for Ateneo since it's only the JG SOM they've helped. But there you have it.
Now anyone remember from sometime last year that rich Russian who wanted to purchase a B-52 bomber on the spot during an airshow in Moscow?
And that brings to mind, the world's noveau rich who buy football clubs in the English Premier League.
So what do local taipans do?
They buy UAAP schools. There are the Tans for UE. The Sys for NU. I don't know if you can say the Gokongweis for Ateneo since it's only the JG SOM they've helped. But there you have it.
Now anyone remember from sometime last year that rich Russian who wanted to purchase a B-52 bomber on the spot during an airshow in Moscow?
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