Villar, Recto are richest senators, Pacquiao lone billionaire in House
MANILA (via PhilAmPress) — First term Senator Cynthia Villar is the country’s senator and the only billionaire in the Senate. The title used to be held by her husband, former Senator Manuel B. Villar Jr.
In the House of Representatives, Saranggani congressman and world boxing icon Emmanuel “Manny” Pacquiao is the richest lawmaker for the fourth year in a row and the only billionaire in the lower house.
Villar, a former congresswoman, declared over P1.626 billion in assets in 2013 in her statement of assets and liabilities (SALN).
Pacquiao, who became congressman in 2010, declared a net worth of P1.345 billion, according to the summary report of the filed Statements of Assets Liabilities and Net worth for 2013 of the 289 members of the House of Representatives.
The boxing icon’s net worth, however, was lower than the P1.770 billion net worth he declared in 2012.
Sen. Antonio Trillanes IV remained the poorest senator with a net worth of P4.912 million while Anakpawis partylist Representative Fernando Hicap was the poorest, with a net worth of only P37,722.
The joint SALN of Manny and Cynthia Villar showed that they have P4.88 million worth of real properties with the bulk of their assets amounting to P1.621 billion in shares of stock.
Their latest net worth increased from P1.453 million reported in their 2012 SALN.
Sen. Ralph Recto and wife, Batangas Gov. Vilma Santos-Recto, remained second richest with total assets amounting to P496,856,444.29.
They listed as part of their assets some P73.840 million in real properties and P483,971,024.24 in personal properties.
They listed as part of their personal properties club shares at the Baguio Country Club and Mount Marayat Golf and Country Club worth P725,000 and P1.2 million.
They also have about P257 million in cash in banks and financial institutions; investment in stocks worth P146.73 million; jewelry worth P22.4 million; other investments of P23.525 million; and some P25 million worth of vehicles.
The Rectos listed about P60 million in taxes and notes payable as part of their liabilities.
In 2012, Recto’s total net worth was P468.4 million.
Former First Lady and now Ilocos Norte Representative Imelda Marcos was the second richest House member with P922.8 million net worth, followed by Speaker Feliciano Belmonte Jr. with P819.749 million.
Their assets include real properties worth P42.5 million and P93.6 million in personal properties. Marcos’ net worth based on assessed value of properties in tax declaration was placed at P197.47 million.
Based on the assessment of Cuervo Appraisers, an appraisal firm that Marcos used in the previous years, the couple’s net worth is P441.99 million.
The Marcoses’ liabilities showed P20.848 million in property loans with BPI Family Savings Bank.
Sen. Jinggoy Estrada listed his total net worth at P195 million, including P216.1 million in assets and liabilities reaching P21 million.
In 2012, Estrada posted P193.58 million in total net worth. His assets reached P215.24 million, while his liabilities were P21.66 million.
Sen. Ramon Revilla Jr. is the fifth richest in the Senate as he and wife, Cavite Rep. Lani Mercado, posted total assets of P249,352.748.36 with liabilities of P166.7 million.
In 2012, Revilla posted assets amounting to P251.79 million and liabilities of P169.14 million.
Sen. Grace Poe-Llamanzares made it to the top 10 richest senators with total net worth of P148.9 million.
She listed P145.5 million in real properties and some P42 million in personal properties.
Poe listed two houses and lots in the United States. The first one worth P15 million was purchased in 2008, while a second was purchased in 1992.
Trailing Poe are Senate Minority Leader Juan Ponce Enriile (P119.377 million), Senators Teofisto Guingona III (P114.9 million), Juan Edgardo Angara (P97.825 million) and Miriam Defensor-Santiago (P76.743 million).
Senate President Franklin Drilon reported P58,139,382 in total net worth; Senators JV Ejercito, P73,998,448.59; Pia Cayetano, P73,296,314; Vicente Sotto III, P63,850,950; Nancy Binay, P63,778,409; Loren Legarda, P41.423 million; Sergio Osmeña III, P38.77 million; Lito Lapid, P30 million; Alan Cayetano, P21.7 million; and Gringo Honasan, P20.958 million.
Senators Bam Aquino’s net worth is P20.493 million; Aquilino Pimentel III, P16.99 million; and Francis Escudero, P8.243 million.
Representative Jesulito Manalo of Angkla partylist emerged as the richest partylist congressman in the chamber with P102.43 million net worth.
Five lawmakers were not in the circle of millionaires in the chamber. They are Hicap, Arlene “Kaka” Bag-ao (Dinagat Island), Jonathan dela Cruz (Abakada partylist), Abigail Ferriol (Kalinga partylist), and Terry Ridon (Kabataan).
The top 30 richest House members are:
Manny Pacquiao (Saranggani) – P1.345 billion (net worth)
Imelda Marcos (Ilocos Norte) – P922.80 million
Speaker Feliciano Belmonte Jr. (Quezon City) – P819.74 million
Alfredo Benitez (Negros Occidental) – P713.87 million
Julio Ledesma IV (Negros Occidental) – P617.32 million
Mark Villar (Las Pinas) – P526.44 million
Martin Romualdez (Leyte) – P475 million
Joel Roy Duavit (Rizal) – P272.97 million
Enrique Cojuangco (Tarlac) – P217.52 million
Zajid Mangudadatu (Maguindanao) – P215.84 million
Alex Advincula (Cavite) – P202.27 million
Joseph Violago (Nueva Ecija) – P188.34 million
Aleta Suarez (Quezon) – P184.28 million
Lucy Marie Gomez (Leyte) – P181.17 million
Ruby Sahali (Tawi Tawi) – P173.71 million
Lani Mercado-Revilla (Cavite) – P166.71 million
Rodolfo Farinas (Ilocos Norte) – P160.88 million
Henry Oaminal (Misamis Occidental) – P160.39 million
Rose Marie Arenas (Pangasinan) – P159.43 million
Gloria Macapagal-Arroyo (Pampanga) – P136.75 million
Oscar Garin Jr. (Iloilo) – P136.66 million
Peter Unabia (Misamis Oriental) – P127.86 million
Ronaldo Zamora (San Juan City) – P127.18 million
Amado Bagatsing (Manila) – P117.76 million
Teodorico Haresco Jr. (Aklan) – P113.37 million
Hernan Biron Jr. (Iloilo) – P113.23 million
Fernando Gonzalez (Albay) – P108.05 million
Herminia Roman (Bataan) – P105.21 million
Rufus Rodriguez (Cagayan de Oro) – P103.42 million
Jesulito Manalo (Angkla partylist) – P102.43 million