Ernest de Silva - Wealth

Wealth

Sir Ernest was, in his time, Sri Lanka's richest man and one of the wealthiest Sri Lankans of the twentieth century. He inherited and purchased thousands of acres of tea, rubber and coconut estates as well as land in the prominent areas of Colombo. One such estate was the famed 1200 acre (5 km²) Salawa estate which was used as a rubber plantation. He owned 46 acres (7360 perches) of land mostly in the Cinnamon Gardens (Colombo 7) which, being one of the most expensive areas in Sri Lanka, would be worth approximately $500 million in the economy of the 2000s. His company dealt in every description of Ceylonese produce, principally plumbago (graphite), desiccated coconut, fibre, cacao, rubber, cinnamon and tea. The main export business was done with the United Kingdom and the continent, through the firm's agents in London, Hamburg and other European ports. His residence, the "Sirimathipaya Mansion", equipped then with horse stables and tennis courts, now serves as the Sri Lankan Prime Minister's office.

Read more about this topic:  Ernest De Silva

Famous quotes containing the word wealth:

    He that fails in his endeavours after wealth or power will not long retain either honesty or courage.
    Samuel Johnson (1709–1784)

    There is something to be said for jealousy, because it only designs the preservation of some good which we either have or think we have a right to. But envy is a raging madness that cannot bear the wealth or fortune of others.
    François, Duc De La Rochefoucauld (1613–1680)

    The nature of women’s oppression is unique: women are oppressed as women, regardless of class or race; some women have access to significant wealth, but that wealth does not signify power; women are to be found everywhere, but own or control no appreciable territory; women live with those who oppress them, sleep with them, have their children—we are tangled, hopelessly it seems, in the gut of the machinery and way of life which is ruinous to us.
    Andrea Dworkin (b. 1946)