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3 billionaires in House of Representatives

  • Written by Jester Manalastas
  • Published in Nation
  • Read: 244

THE 2017 Statements of Assets, Liabilities and Net worth (SALNs) of members of the House of Representatives show the chamber has at least three billionaires, the rest are millionaires and only three are not millionaires.

For three consecutive years, 1-PACMAN Party-list Representative Michael “Mikee” Romero is the richest member of the House with P7.291 billion total net worth as of December 2017.

Romero is richer by P282 million from his 2016 SALN which was P7.009 billion.

The other two billionaires are outgoing DIWA Party-list Rep. Emmeline Aglipay-Villar and Negros Occidental Rep. Albee Benitez.

Aglipay-Villar, who was recently appointed as Undersecretary of the Department of Justice (DoJ) has a total net worth of P1.4 billion. She is the wife of Public Works and Highways Secretary Mark Villar.

Benitez, who is contemplating to run for Senate in 2019, has a total net worth o P1.004 billion.

On the other hand, the three solons who are not millionaires are Camarines Sur Rep. Gabriel Bordado Jr. (P563,445.19); Gabriela Women’s Party-list Rep. Arlene Brosas (P514,560), and Kabataan Party-list. Rep. Sarah Jane Elago (P75,800).

The top 10 richest are: Ilocos Norte Rep. Imelda Marcos, P920 million; Quezon City Rep. Feliciano Belmonte Jr., P861 million; Manila Teachers party-list Rep. Virgilio Lacson, P791 million; Marikina City Rep. Bayani Fernando, P739 million; Batangas Rep. Vilma Santos-Recto, P538 million; Davao Del Norte Rep. Antonio Floirendo, P523 million; and Leyte Rep. Yedda Marie Romualdez, P478 million.

Former President now Pampanga Rep. Gloria Macapagal-Arroyo is number 11 with P464.7 million.

Speaker Pantaleon Alvarez has P91.6 million net worth and ranked 50th richest, while Majority Leader Ilocos Norte Rep. Rodolfo Fariñas ranked 30th, with a total net worth of P169.98 million.

Minority Leader Quezon Rep. Danilo Suarez ranked 29th, with a total net worth of P173.11 million.

The other “poorest” solons, based on their SALNs, are COOP-NATCCO Party-list Rep. Sabiniano Canama(P1.07 million); Anakpawis Rep. Ariel Casilao (P1.09 million); Gabriela Rep. Emmi de Jesus (P1.3 million); ACT Teachers Rep. France Castro (P1.38 million); Bayan Muna Rep. Carlos Zarate (P1.65 million); YACAP Party-list Rep. Benhur Lopez (P1.96 million); and ASENSO Party-list Rep. Teodoro Montoro (P2.19 million).