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Friday, March 29, 2024

Pacquiao keeps ‘richest’ tag – House

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Senator-elect and outgoing Sarangani Rep. Emmanuel Pacquiao has maintained his title as the wealthiest member of the House of Representatives.

Based on a summary of lawmakers’ Statements of Assets, Liabilities and Net Worth for 2015 furnished by the House of Representatives’ Records Management Service, Pacquiao almost doubled his net worth in a span of one year, from P1.688 billion in 2014 to P3,268,200,088 in 2015.

The records showed that Pacquiao’s total assets amounted to P3.365 billion: P1.654 billion in real property and P1.710- billion personal property;  his liabilities amounted to P97.405 million.

Pacquiao, an eight-division world boxing champion, has been the richest members of the Lower since 2010, with a net worth of over a billion.

Next to Pacquiao in the billionaire’s club  is Negros Occidental Rep. Julio Ledesma IV, with a net worth increasing  by P177 million, from P827 million in 2014 to P1.004,951,837.92 billion the following year.

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Third on the list is outgoing Speaker Feliciano Belmonte Jr., with a net worth of P941.6 million; followed by former First Lady and now Ilocos Norte Rep. Imelda Marcos,   P917.8 million  and Negros Occidental Rep. Alfredo Benitez,  P880 million.

Las Piñas Rep. Mark Villar and his wife, Diwa party-list Rep. Emmeline Aglipay Villar, landed on the sixth place. The couple jointly declared a net worth of P689.5 million; followed by Leyte Rep. Ferdinand Martin Romualdez,  P475.6 million; former President and now Pampanga Rep. Gloria Macapagal Arroyo,  P393.9 million and no liabilities; Rizal Rep. Joel Roy Duavit,  P302.6  million  and Maguindanao Rep. Zajid Mangudadatu,  P225.9 million.

Meanwhile, Anakpawis Rep. Fernando Hicap chalked up  the lowest declared SALN, with   P43,239.14, a decrease from the P95,572 he declared in 2014.

Hicap was followed by Kalinga party-list Rep. Abigail Faye Ferriol, with a net worth of P75,150. 

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