1-Pacman solon is still House's richest; fellow billionaire is second


Posted at Jun 12 2019 04:16 PM | Updated as of Jun 12 2019 05:32 PM

MANILA -- Rep. Michael Odylon Romero of the 1-PACMAN party-list remained the richest congressman in 2018, followed by one other billionaire member of the House of Representatives, according to a document released Wednesday by the chamber. 

Romero, whose company is the biggest shareholder of budget airline AirAsia's Philippine arm, had a net worth of P7.858 billion, based on the House's summary of statements of assets, liabilities, and net worth (SALN). 

The 1-Pacman representative was also the richest congressman in 2017 with a net worth of P7.29 billion. 

His fellow billionaire, Negros Occidental 3rd District Rep. Alfredo Benitez, was the second richest congressman in 2018 with a net worth of P1.017 billion. 

At third place is Ilocos Norte 2nd District Rep. Imelda Marcos with a net worth of P923.8 million. 

Marcos last year was found guilty of graft by the Sandiganbayan for using her Cabinet position to maintain Swiss bank accounts during the regime of her husband, the late dictator Ferdinand Marcos. 

The former First Lady was out on bail as she appealed her graft conviction. 

Completing the top 10 richest House members and their net worth are the following. 

Quezon City 4th District Rep. Sonny Belmonte, P864.7 million
Manila Teachers Party List Rep. Virgilio Lacson, P793.9 million 
Marikina 1st District Rep. Bayani Fernando, P748 million 
Davao del Norte 2nd District Rep. Antonio Floirendo, P714.6 million 
Batangas 6th District Rep. Vilma Santos Recto, P555.3 million 
Leyte 1st District Rep. Yedda Marie Romualdez, P487.6 million 
Speaker Gloria Macapagal Arroyo P479.5 million 

Meanwhile, Kabataan Party-list Rep. Sarah Elago remained the poorest House member with a net worth of P85,400. 

Below is a list of the 10 poorest members of the House. 

-Report from RG Cruz, ABS-CBN News