Vil­lar, Pac­quiao still rich­est sen­a­tors

The Philippine Star - - FRONT PAGE - Marvin Sy

For the fourth year in a row, Sen. Cyn­thia Vil­lar has emerged as the rich­est se­na­tor with a net worth of over P3 bil­lion.

The Se­nate re­leased yes­ter­day the state­ments of as­sets, li­a­bil­i­ties and net worth (SALN) of the

sen­a­tors for 2017, which showed hardly any changes in the rank­ings of the 23 leg­is­la­tors.

Based on her SALN, Vil­lar recorded a net worth of P3.61 bil­lion, a slight in­crease from the P3.606 bil­lion she re­ported in 2016.

Vil­lar, whose fam­ily busi­ness is real es­tate, de­clared no li­a­bil­i­ties.

Her hus­band, for­mer Se­nate pres­i­dent Manuel Vil­lar Jr., is the chair­man of the fam­ily’s Vista­land and Lifescapes Inc.

She de­clared seven rel­a­tives work­ing in gov­ern­ment, led by her son Mark Vil­lar, sec­re­tary of the Depart­ment of Pub­lic Works and High­ways.

Vil­lar was fol­lowed by Sen. Manny Pac­quiao, who re­ported a net worth of P2.946 bil­lion, down from the P3.072 bil­lion in 2016.

Pac­quiao listed his to­tal as­sets at P3.076 bil­lion, con­sist­ing of cash, jew­elry as well as sev­eral prop­er­ties in the coun­try and the United States.

The box­ing cham­pion re­ported li­a­bil­i­ties amount­ing to P129.7 mil­lion con­sist­ing of bank loans. Pac­quiao re­ported his out­stand­ing loans at P350.6 mil­lion in 2016.

Se­nate Pres­i­dent Pro Tem­pore Ralph Recto came in at third place with a net worth of P538.8 mil­lion, from P522.6 mil­lion in 2016.

Sen. Juan Miguel Zu­biri went up one spot to num­ber four with a net worth of P152 mil­lion. Com­pared to 2016, Zu­biri was richer by P31 mil­lion in 2017.

Go­ing down from fourth to fifth place was Sen. Sonny An­gara, who re­ported a net worth of P131.7 mil­lion, up from P123.95 mil­lion in 2016.

Sen. Grace Poe was next with a net worth of P90.6 mil­lion, fol­lowed by Mi­nor­ity Leader Franklin Drilon with P93.7 mil­lion.

Poe and Drilon recorded in­creases in their net worth of P2.2 mil­lion and P11.3 mil­lion, re­spec­tively.

Slid­ing down two places was Sen. Sher­win Gatchalian, whose P88.2 mil­lion net worth in 2017 was close to P10 mil­lion lower than what he re­ported in 2016.

Sens. Joseph Vic­tor Ejercito and Richard Gor­don were ninth and 10th with net worth of P78.9 mil­lion and P69.5 mil­lion, re­spec­tively.

Ma­jor­ity Leader Vi­cente Sotto III and Sens. Nancy Binay and Loren Le­garda landed in 11th, 12th and 13th places.

Sotto’s net worth went up to P64.7 mil­lion from P63.8 mil­lion in 2016. Binay’s P60.6 mil­lion net worth in­creased from the pre­vi­ous year’s P60.48 mil­lion.

Le­garda, who re­ported a net worth of P51.3 mil­lion, was richer by P10.3 mil­lion.

In 14th, 15th, 16th and 17th places were Sens. Paolo Benigno Aquino IV (P39.1 mil­lion), Pan­filo Lac­son (P36.3 mil­lion), Gre­go­rio Honasan (P25.2 mil­lion) and Joel Vil­lanueva (P23.7 mil­lion).

All four sen­a­tors recorded lower net worth com­pared to the pre­vi­ous year.

As for the “poor­est” sen­a­tors, there was no change from the pre­vi­ous year as Sen. An­to­nio Tril­lanes IV was still at the bot­tom with a net worth of P6.8 mil­lion, fol­lowed by Fran­cis Es­cud­ero at P8.5 mil­lion, Leila de Lima at P10.2 mil­lion, Fran­cis Pangili­nan at P13.4 mil­lion, Risa Hon­tiveros at P16.1 mil­lion and Se­nate Pres­i­dent Aquilino Pi­mentel III at P18.1 mil­lion.

Of the six poor­est sen­a­tors, only Hon­tiveros saw a de­cline in her net worth while the other five recorded in­creases.

Newspapers in English

Newspapers from Philippines

© PressReader. All rights reserved.