Who are the richest, poorest presidential, VP candidates?

RG Cruz, ABS-CBN News

MANILA - Liberal Party standard-bearer Mar Roxas and Senator Bongbong Marcos are the richest candidates for the two highest positions in the land in the 2016 national elections.

Yet, for all their riches, none of the candidates have enough net worth to fund their campaigns on their own.

That is based on the 2014 statements of assets, liabilities and net worth (SALNs) of the big-named candidates for president and vice president.

Roxas leads the list with an estimated net worth of P202,080,453. Senator Grace Poe comes in second with a net worth of P89,464,819, followed by Senator Miriam Defensor Santiago with a net worth of P73,033,539. Among the more popular candidates, Vice President Jejomar Binay comes in last place with an estimated net worth of P60,250,983.

For vice presidential candidates, Marcos leads the pack with a net worth of P200,598,008. Senator Alan Peter Cayetano comes in second with a net worth of P23,314,540, followed by Senator Gringo Honasan with P21,225,616; Congresswoman Leni Robredo with P8,292,974; and Senator Chiz Escudero with 6,049,089. Occupying the last spot among the more popular vice presidential candidates is Senator Antonio Trillanes who has a net worth of P5,549,000.

Roxas and Marcos are scions of two of the wealthiest families in the Philippines.

The Marcoses have been accused of amassing billions in ill-gotten wealth during Ferdinand Marcos' more than 20-year stay in Malacañan.

READ: Marcoses don't owe PH an apology: Miriam

Roxas, on the other hand, comes from the Araneta-Roxas clan, which has various business interests and landholdings.

The poorest presidential candidate is Binay, himself accused of ill-gotten wealth from his family's 24-year reign in Makati.

For political analyst Dr. Francisco Magno of the De La Salle University, SALN's are important in gauging whether the public official is honest.

"Makikita natin sa SALN na 'yung mga kandidato ay may mga pag-aari na kinita batay sa mga propesyon. 'Yung pag-aaral ng SALN, napakahalaga (dahil) dito natin makikita (ang) pagiging tapat ng gusto maging pangulo o pangalawang pangulo," Magno said.

Magno stressed that running for the country's highest offices does not come cheap.

"Unang-una, dapat natin tingnan 'yung background ng bawat kandidato. 'Yung nais maging kandidato, kailangan mayroon silang naipon kasi di naman cheap ang pagtakbo sa halalan. Kailangan mayroon kang pangsuporta," Magno explained.

"Mahalagang paggamit ng SALN. Ito'y puwedeng gamiting tool sa mga nagre-research at sumusubaybay sa integrity ng candidates. Puwede i-check kung nakasaad sa SALN. Halimbawa, kung may ari-arian na di na-declare batay sa obserbasyon, may ari-ariang nakikita at pinupuntahan ang candidates," he added.

"Isa pa sigurong mahalagang tingnan 'yung ecosystem of intergity. Hindi ba sa SALN, hindi lang ari-arian, kasama na rin utang, pati asawa at mga anak na di pa kasal, kasi dito mare-reflect ‘yung katayuan ng pamilya. Puwede maimbestiga o silipin kung mayroon bang unexplained wealth," Magno stressed.

Beyond lifestyle checks that reflect on their integrity, Magno pointed out that SALN's also show the interests of the candidate and their families.

"Isa pang component 'yung business interest at financial connections. Dito makikita kung mayroon bang interest mga tao sa kumpaniya at private interests na maaring makaimpluwensiya sa paggawa ng decision sa hinaharap," said Magno.

Although Roxas listed 28 firms in his SALN, he declared having shares in only seven companies in the list. The biggest stakes are in Harmony Assets Holdings, 99% acquired in 1998; Kausawagan Development Corporation, 30% acquired in 1980; Myapo Prawn Farm, 24% acquired in 1992; and Northstar Capital, 59% acquired in 1991. Most of the business interests listed in Roxas’ SALN were acquired from the estate of Gerardo Roxas.

The LP presidential candidate has four condo units, one house and lot, two residential lots and two residential units, four of which were also inherited. Among personal and other properties, Roxas has over more than P122 million in shares of stock and P24 million in cash and time deposit.

Roxas was an investment banker before joining the public sector. He filed jointly with wife, Korina Sanchez.

READ: RoRo rolls: LP's Roxas, Robredo file COCs

Senator Grace Poe listed 30 real estate properties, which include two properties in California, USA: one is worth over P15 million, while the other is worth over P27 million. The rest are properties or portions of properties in Quezon City, Makati, Batangas, Pasig, San Juan, Baguio City, Bataan and Cainta and Taytay in Rizal,.

Half of the properties were inherited and the rest were purchased. Poe also filed jointly with husband, Teodoro Llamanzares.

Poe has shares in 11 companies, which include family companies, FPJ Productions and JSP Realty and Development Corporation. Poe also has shares of stock in Sunlife Property Balanced Fund and San Miguel Corporation. She listed seven vehicles.

Santiago filed jointly with husband Narciso Santiago. She listed 12 real estate properties in Iloilo and Batangas. They have business interests in six companies.

Binay filed jointly with wife Dr. Elenita Binay. He listed over P38 million in cash in banks, 12 real estate properties in Makati, Muntinlupa, Laguna, Batangas, Bataan and Isabela. Wife Elenita owns a flower shop.

In the vice-presidential race, Marcos has assets in real estate, vehicles and art work. He listed interests in four companies, including the law firm of his wife.

Escudero listed five real estate properties but did not include their worth in his total assets.

Cayetano also has shares in nine companies, most of which are family companies.

Honasan and Trillanes listed about four real estate properties each.

Robredo listed eight real estate properties in Naga City and shares of stock in Meralco.

Magno does not see anything unusual so far as the wealth of the candidates can be explained by their previous work.

"Halimbawa, si Mar Roxas, nagsimulang investment banker. Si Sen. Grace Poe, ang asawa niya negosyante at nagmana rin sa kaniyang namayapang ama na si FPJ."

Meanwhile, Magno also noted the SALN's usefulness in finding out how many relatives one candidate has in government.

Binay listed four relatives in government, while there was no information on Roxas' and Poe's relatives. Santiago listed eight relatives in government.

Trillanes listed two relatives in government; Honasan listed none; Robredo listed three; Cayetano listed four; Marcos listed six; and Escudero listed five.

"Makikita kung ano ba lifestyle ng isang tao, kung paano namumuhay," Magno added.

Magno said SALN's should be constantly monitored to see any unusual increases.

"Kung nagbago ba kabuhayan, kung nagrakaroon ng malaking pagbabago, maaring tanungin 'yung dahilan bakit nagbago ng sobrang laki. May paliwanag naman ‘yan, may investments sa stock," Magno explained.

What is striking for Magno is that none of the candidates can afford to fund a campaign on their own.

"'Yung pinakamataas ang net worth, lumalaro sa P200 million. Under Comelec rules, you can spend P10 per candidate for president and vice president. That should amount to P500 million. Di kaya kung based sa SALN. Kailangan, magkaroon ng contributions from political parties or from donations," he noted.

This is where problems may start.

"Kailangan bantayan kasi baka may vested interest 'yung nagko-contribute. Under the rules, may campaign finance disclosure sa campaign finance unit pero mahalagang bantayan baka ma-implwuensiyahan 'yung decision-making nu'ng mananalo," Magno explained.

Magno said that in 2010, presidential candidates were estimated to have spent as much as P3 billion for their campaign, which means that for 2016, the figure can go up to as much as P5 billion.