The millionaire's club: Senators' assets, liabilities bared

Sherrie Ann Torres, ABS-CBN News

Posted at May 18 2017 12:43 PM | Updated as of May 18 2017 04:06 PM

Juan Edgardo Angara, Manny Pacquiao and Cynthia Villar. File/Composite

There are two billionaires in the Senate and the rest are millionaires.

Senator Cynthia Villar, whose family is engaged in real estate and retail, emerged as this year’s richest member of the Senate with a net worth of P3,606,034,556 with zero liabilities.

Villar is the wife of former senator Manuel Villar who was named by Forbes as among the wealthiest Filipinos.

Joining Villar in Senate's billionaire’s league is neophyte senator, boxer-politician Manny Pacquiao who has P3,422,910,677.00 in assets, and liabilities amounting to P35,059,647.00.

Pacquiao's earnings mostly came from international boxing fights and endorsements while his liabilities were due to “various loans,” based on his filed sworn statement of Statement of Assets, Liabilities and Net worth (SALN).

Pacquiao’s biggest registered assets are “cash, jewelry, and other personal properties.”

Landing third in the list of richest senators is Senator Ralph Recto with a net worth of P522,610,452.59. Recto’s assets include real estate properties, cash in bank, and investments.

Members of prominent political clans, Senators Juan Edgardo Angara and Juan Miguel Zubiri registered over a hundred million in their SALNs.

De Lima, charged and accused of drug ties, registered a relatively lower net worth of P6,617,635.62 with zero real properties, business interests and even relatives in the government. According to her staff, de Lima was only renting a house and her personal assets include insurance, hand guns, jewelry and vehicles.

Senator Antonio Trillanes is at the bottom of the list, with a net worth of P6,506,662.13. He declared assets amounting to P16,012,800 – a combination of lot, cash in band and in bank, jewelry, investments and a vehicle. He registered his liabilities amounting to P9,506,127.87, resulting to just over P6.5M net worth.

Below is the complete list of the senators’ SALN:


CYNTHIA VILLAR – P3,606,034,556

EMMANUEL PACQUIAO – P3,072,315,030.00

RALPH RECTO – P522,610,452.59

JUAN EDGARDO ANGARA – P123,949,722

JUAN MIGUEL ZUBIRI – P121,768,713.77

SHERWIN GATCHALIAN – P92,141,701.14

GRACE LLAMANZARES-POE – P88,480,811.91

FRANKLIN DRILON – P82,482,955

JV EJERCITO – P79,130,483.36

RICHARD GORDON – P66,928,851.46

NANCY BINAY -- P60,483,437

VICENTE SOTTO III – P63,800,450

LOREN LEGARDA -- P40,911,192.90

PANFILO LACSON – P38,703,615.00

PAOLO BENIGNO AQUINO – P33,860,702.559

AQUILINO PIMENTEL III – P17,734,400

RISA HONTIVEROS – P16,332,952.70

ALAN PETER CAYETANO – P24,132,490

JOEL VILLANUEVA – P21,519,770

GREGORIO HONASAN – P21,279,749.74

FRANCIS PANGILINAN – P9,288,108.84

LEILA DE LIMA – P6,617.635.62

FRANCIS ESCUDERO – P6,602.082.09

ANTONIO TRILLANES IV – P6,506,662.13