A bunch of rich people who owned humongous masses of land and real estate, usually had businesses. Men hired workers to tend to their estate, they ran the family businesses. Women were not required to work, or have much education. They probably just sat around and tried to learn piano, and attended social parties. Being an aristocrat seemed unfair to the less fortunate of the time, although they provided useful jobs. With the dawn of democracy, aristocracy died out and everything became modern.
Look at that aristocrat, his lavish clothes and massive estate are oh so snobbish!
The Magalonas, The Yulos, The Ayalas, and The Zobels are notable descendant families of Filipino aristocrats.