Top 10 Richest House Members
MANILA, Philippines — Boxing icon and Sarangani Representative Emmanuel “Manny” Pacquiao is still the richest among the members of the House of Representatives, his statements of assets, liabilities and net worth (SALN) filed in 2012 showed.
Pacquiao, who won a second term as lawmaker of the lone district of Sarangani Province, had a net worth of P1,770,566,772. His SALN report indicated total assets worth P2,028,566,772 and liabilities worth P258,000,000.
Second richest is Ilocos Norte Representative Imelda Marcos whose SALN shows a net worth of P922,800,000. Her total assets are worth P932,800,000 while her liabilities were P10,000,000.
Speaker Feliciano Belmonte Jr. was listed as third richest with a net worth of P817,574,180.31. His total assets are worth P819,884,152.15 while his liabilities are worth P2,309,971.84.
Following the House leader is Negros Occidental (3rd District) Representative Alfredo Benitez in fourth place (P702,065,517). His total assets are worth P811,856,619 while his liabilities are worth P109,791,102.
Fifth richest is Negros Occidental (1st District) Representative Julio Ledesma IV (P590,557,605.26). His SALN record showed total assets worth P713,670,862.82 and liabilities worth P123,113,257.56.
Sixth richest is Leyte Representative Ferdinand Martin Romualdez who is vying for the post of Minority Leader in the 16th Congress. He reported his net worth as P474,181,702.59; his total assets are worth P474,181,702.59. He has no liabilities recorded in his SALN.
Seventh richest is Las Piñas Representative Mark Villar with net worth of P361,782,107, total assets worth P365,032,607 and liabilities worth P3,250,500.
The eighth richest is Iloilo Representative Augusto Syjuco with P301,576,151 net worth. He had no liabilities recorded in his SALN.
Ninth richest is Tarlac Representative Enrique Cojuangco with net worth of P214,837,597.18. His total assets are worth P218,317,085.05 while his liabilities are worth P3,479,487.87.
Tenth richest is Rizal Representative Joel Roy Duavit ( P195,924,487.70). His total assets are worth P271,090,762.79 while his liabilities are worth P75,166,275.09.
And the poorest congressman?
It’s Anakpawis Representative Rafael Mariano who had a net worth of P92,507.15. He had no liabilities recorded in his SALN.