![]() ![]() Makati Wealthier Than Top 4 Cities Combined Makati Mayor Abigail Binay has not forgotten this, which is why the city government's purchase of P1 billion worth of vaccines is not only for residents in Makati, but also for business employees who work in the city. Much of Makati’s wealth today comes from taxes collected from its business district, home to many of the country’s top 100 corporations. After World War II, the Ayala family developed this estate, envisioning it to become what is today, the most successful business district in the country. Makati’s history of wealth and prosperity goes all the way back to the 1800s when the Roxas-Zobel-Ayala clan purchased 1,000 hectares of farmland in the Hacienda San Pedro de Macati, which would become a third of present-day Makati City. ![]() The Commission on Audit (COA) assessed Makati’s wealth to be worth a whopping P233.4 billion, leaving Quezon City far behind in second place with P96.4 billion. Makati is once again hailed the richest city in the Philippines. ![]()
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