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Senator Villar & Senator Pacquiao is Still the Richest Billionaire Senators in the Philippines

Senator Cynthia Villar and Senator Manny Pacquiao is still on the list among the Philippines billionaire lawmakers.

As of the report, based on the latest summary of Statement of Assets, Liabilities, and Net worth (SALN) posted on the Senate website, Senator Cynthia Villar with a P3.8 billion net worth with no liabilities.

Following Filipino boxing champ and Senator Manny Pacquiao with a P3.17 billion net worth.

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Rounding up the top five richest senators are Senate President Pro Tempore Ralph Recto with a net worth of P567.4 million; Senate Majority Leader Juan Miguel Zubiri with P203.7 million; and Senator Ramon “Bong” Revilla with P176.4 million.

The bottom three with the most modest net worths as of December 31, 2019, were Senator Leila De Lima with a P8.3-million net worth; Senator Risa Hontiveros with P16 million; and Senator Bong Go with P18.4 million.

The rest of the senators have the following net worths:

Sonny Angara – P142,212,659.00

Franklin Drilon – P102,259,501.00

Grace Poe – P97,631,508.03

Sherwin Gatchalian – P95,404,344.93

Pia Cayetano – P82,774,150.15

Vicente Sotto III – P77,772,861 

Richard Gordon – P71,207,733

Lito Lapid – P70,948,600

Francis Tolentino – P61,172,000

Nancy Binay – P60,318,928

Panfilo Lacson – P48,959,138

Koko Pimentel – P36,308,400

Imee Marcos – P34,020,467

Ronald “Bato” Dela Rosa – P33,025,241

Joel Villanueva – P30,249,305

Francis “Kiko” Pangilinan – P19,975,821

Aside from Villar, only Hontiveros does not have a liability indicated in the SALN summary.

All public officials and employees, whether regular or under temporary status, are required to file a SALN.

SALN is a declaration of assets (i.e., land, vehicles, etc) and liabilities (i.e., loans, debts, etc), including business and financial interests, of an official/employee, of his or her spouse, and of his or her unmarried children under 18 years old still living in their parents’ households.

The submission of a SALN is required by law under Article XI Section 17 of the 1987 Constitution and Section 8 of Republic Act No. 6713, the “Code of Conduct and Ethical Standards for Public Officials and Employees.”

It includes a waiver authorizing the Ombudsman or his authorized representatives to attain documents that may show assets, liabilities, net worth, business interests, and financial connections from all appropriate government agencies.

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