Wednesday, January 7, 2009

How Rich is Manny Pacquiao?


This is the question everybody has and yesterday, January 6, The Correspondents answered this question.

Manny said that when he was young, there were even times when they did not have anything to eat. And because of this, he decided to try boxing. He would win P100 per fight. And P100 at that time was big enough so that their family can afford a decent meal.

And now, we all know that he is worth millions of dollars! So to answer the question how rich Manny Pacquiao is, Mr. Quinito Henson said that Manny already won P1.5 billion pesos! This does not include Manny’s earnings from all the advertisements and businesses!

Correspondents listed that he won a total of $33.4 million from 2000 to 2008.

So let’s do the math. Let’s say that $1 is equivalent to only P45.
$33.4 million * P45 = P1.5 billion
P1.5 billion / 9 years = P166.67 million per year
P166.67 million / 365 days in a year = P 456,600 a day
P456,600 / 24 hours in a day = P19,000 per hour

Hey, the last one is already a decent monthly income of an employee and yet it is only Manny’s HOURLY rate (including the hours he is asleep)!

And Manny totally deserve this. We all know how much heart he puts in his every fight.

Everybody is envious I know. But let us learn from his ways. We need to be dedicated to whatever our calling is and persevere through it all. Who knows, you might be the next millionaire. Me, I am only a hundrennaire (if there is such a word hehehe) and working to be a thousannaire!

2 comments:

  1. mexican golden boy, orcar de la hoya made 663 millions in his carrer

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  2. nice nice nice, but why isn't he included in the top 40 list of the richest men in the Philippines when I looked at Forbes 2009?

    ReplyDelete