SECTIONS
Wednesday, June 26, 2019
MANILA

Villar still wealthiest, Trillanes poorest in Senate

MANILA. Senator Cynthia Villar, whose family is engaged in property development, was the richest senator of the 17th Congress, while Senator Antonio Trillanes IV, a vocal critic of the administration and former renegade military officer, was the poorest in 2018 based on their Statement of Assets, Liabilities and Net Worth (SALN). (File Photo)

SENATOR Cynthia Villar remained the richest senator of the 17th Congress, while vocal administration critic Senator Antonio Trillanes IV was the poorest in 2018, based on declarations made by each senator in their Statement of Assets, Liabilities, and Net Worth (SALN).

Villar reported a net worth, or assets less liabilities, of P3.72 billion without any liability while Trillanes declared a net worth of P7.5 million.

She was followed by Senator Emmanuel "Manny" Pacquiao, whose net worth was listed at a little just over P3 billion.

Pacquiao, however, had the highest liabilities, amounting to P146 million.

Third on the list of wealthiest senators was Senator Ralph Recto, with a net worth of P555.32 million.

Following Recto were Senate Majority Leader Juan Miguel "Migz" Zubiri (P182.85 million), and Senators Juan Edgardo "Sonny" Angara (P135.84 million) and Joseph Victor "JV" Ejercito (P132.82 million).

Senate Minority Leader Franklin Drilon ranked seventh among the richest senators, posting a net worth of P97.72 million.

Rounding up the top 10 wealthiest senators were Senators Sherwin Gatchalian (P96.21 million), Grace Poe-Llamanzares (P93.04 million), and Richard "Dick" Gordon (P71.28 million).

Senate President Vicente "Tito" Sotto III registered a net worth of P70.12 million, while Senator Nancy Binay declared a net worth of P60.13 million.

Other senators and their net worth: Loren Legarda (56.29 million), Paolo Benigno "Bam" Aquino IV (P45.2 million), Panfilo "Ping" Lacson (P42.44 million), Aquilino “Koko” Pimentel III (P28.66 million), Joel Villanueva (P26.92 million) and Gregorio "Gringo" Honasan II (P25.88 million).

Senators with less than P20 million net worth were: Francis "Kiko" Pangilinan (P16.69 million), Ana Theresia "Risa" Hontiveros (P15.62 million), and Francis "Chiz" Escudero (P10.57 million).

Declared poorest in the Senate were opposition Senators Leila de Lima (P7.706 million) and Antonio Trillanes IV (P7.533 million).

Apart from Villar, other senators with no liabilities in 2018 were Gatchalian, Pimentel, and Honasan.

A senator receives a monthly salary of P35,000, while the Senate President gets P40,000, according to the Senate website.

Presidential Decree 677 requires all government employees to file their "true detailed and sworn statement of assets and liabilities, including a statement of the amounts and sources of his income, the amounts of his personal and family expenses and the amount of income taxes paid" each year. (SunStar Philippines)


VIEW COMMENTS
DISCLAIMER:

SunStar website welcomes friendly debate, but comments posted on this site do not necessarily reflect the views of the SunStar management and its affiliates. SunStar reserves the right to delete, reproduce or modify comments posted here without notice. Posts that are inappropriate will automatically be deleted.


Forum rules:

Do not use obscenity. Some words have been banned. Stick to the topic. Do not veer away from the discussion. Be coherent. Do not shout or use CAPITAL LETTERS!

sunstar.com.ph