Billionaires Villar, Cusi are richest Cabinet secretaries in 2017

ABS-CBN News, ABS-CBN Investigative and Research Group

Posted at Jun 11 2018 01:28 PM | Updated as of Jun 11 2018 09:33 PM

Billionaires Villar, Cusi are richest Cabinet secretaries in 2017 1

MANILA - Secretaries Mark Villar of the Department of Public Works and Highways and Alfonso Cusi of the Department Energy, are the richest Cabinet members of 2017, their statements of assets, liabilities, and net worth (SALN) revealed. 

Villar, whose family has interests in property and shopping malls, has a net worth of P1.407 billion, a little higher than last year's P1.409 billion.

Cusi, meanwhile, became the only other billionaire Cabinet member as his net worth reached P1.356 billion in 2017.

The SALNs also showed National Anti-Poverty Commission Secretary Liza Maza as the least wealthy Cabinet member, with a net worth of P1.187 million. 

Below is a list of Cabinet members and their net worth based on their 2017 SALNs, as submitted to Malacanang:

Public Works and Highways Secretary Mark Villar - P1,407,459,436 
Energy Secretary Alfonso Cusi - P1,355,632,637 
Finance Secretary Carlos Dominguez- P338,123,873
Transportation Secretary Arthur Tugade - P303,233,620

Communications Secretary Martin Andanar - P158,819,858.
Health Secretary Francisco Duque - P120,138,954
NEDA Secretary Ernesto Pernia - P109,000,741
Presidential Spokesperson Harry Roque - P98,869,873

Chief Presidential Legal Counsel Salvador Panelo - P71,498,976
Political Adviser Secretary Francis Tolentino - P69,482,000
Foreign Affairs Secretary Alan Peter Cayetano - P55,688,862 
Executive Secretary Salvador Medialdea - P51,804,120

Trade and Industry Secretary Ramon Lopez - P49,800,000 
Presidential Adviser on Peace Process Jesus Dureza - P49,054,011
Former Department of Tourism Secretary Wanda Teo - P48,288,217
Agriculture Secretary Emmanuel Piñol P26,968,536

Environment Secretary Roy Cimatu - P26,503,447 
National Security Adviser Hermogenes Esperon Jr. - P25,245,000
Interior and Local Government Undersecretary Eduardo Año - P20,158,900 
Housing Secretary Eduardo Del Rosario - P19,464,640

Labor Silvestre Bello - P15,750,000
Justice Secretary Menardo Guevarra (appointed April 5, 2018) - P14,329,499
Presidential Legislative Liaison Office Secretary Adelino Sitoy - P9,662,811
Cabinet Secretary Leoncio Evasco Jr. - P9,318,069

MMDA Chairman Danilo Lim - P8,000,000
Defense Secretary Delfin N. Lorenzana - P7,657,141
Information and Communications Technology office-in-charge Eliseo Rio - P7,631,791
Science and Technology Secretary Fortunato De La Peña - P7,561,000

Education Secretary Leonor Briones - P6,668,136
National Anti-Poverty Commission Secretary Liza Maza - P1,186,500

Meanwhile, below a list of the heads of the government-owned and controlled corporations and their respective net worth for 2017. 

Gregorio Garcia III, Bases Conversion and Development Authority - P296,471,024 
Manager Jesus Clint Aranas, Government Service Insurance Service - P164,705,995
Andrea Domingo, Philippine Amusement and Gaming Corporation - P150,003,768 
Emmanuel Dooc, Social Security System - P67,229,000

Renato Salvatirra, Philippine Sugar Corporation - P37,000,000 
Dave Almarinez, Philippine International Trading Corporation - P24,596,541 
Dino Antonio Apolonio, People's Television Network - P17,260,000 
Aurelio Angeles Jr. , Authority of the Free Port Area of Bataan - P13,601,965

Stella Banawis, Employees' Compensation Commission - P9,300,000 
Joel Otarra, Philippine Postal Corporation - P9,099,990 
Janilo Rubiato, Philippine Reclamation Authority - P7,534,000 
Marilyn Mabale, National Dairy Authority Administrator - P2,612,000