Two senators in the Senate remained to be billionaires as of end-2019, the latest summary of Statement of Assets, Liabilities and Net worth (SALN) posted on the Senate website showed.
Senator Cynthia Villar is still the richest lawmaker in the Upper House having a P3.8 billion net worth with no liabilities.
Closely following the lead is Filipino boxing champ and Senator Manny Pacquiao with a P3.17 billion net worth.
Rounding up the top five richest senators are Senate President Pro Tempore Ralph Recto with a net worth of P567.4 million; Senate Majority Leader Juan Miguel Zubiri with P203.7 million; and Senator Ramon "Bong" Revilla with P176.4 million.
The bottom three with the most modest net worths as of December 31, 2019 were Senator Leila De Lima with an P8.3-million net worth; Senator Risa Hontiveros with P16 million; and Senator Bong Go with P18.4 million.
The rest of the senators have the following net worths:
Sonny Angara - P142,212,659.00
Franklin Drilon - P102,259,501.00
Grace Poe - P97,631,508.03
Sherwin Gatchalian - P95,404,344.93
Pia Cayetano - P82,774,150.15
Vicente Sotto III - P77,772,861
Richard Gordon - P71,207,733
Lito Lapid - P70,948,600
Francis Tolentino - P61,172,000
Nancy Binay - P60,318,928
Panfilo Lacson - P48,959,138
Koko Pimentel - P36,308,400
Imee Marcos - P34,020,467
Ronald "Bato" Dela Rosa - P33,025,241
Joel Villanueva - P30,249,305
Francis "Kiko" Pangilinan - P19,975,821
Aside from Villar, only Hontiveros does not have a liability indicated in the SALN summary.
All public officials and employees, whether regular or under temporary status, are required to file a SALN.
SALN is a declaration of assets (i.e., land, vehicles, etc) and liabilities (i.e., loans, debts, etc), including business and financial interests, of an official/employee, of his or her spouse, and of his or her unmarried children under 18 years old still living in their parents’ households.
The submission of a SALN is required by law under Article XI Section 17 of the 1987 Constitution and Section 8 of Republic Act No. 6713, the “Code of Conduct and Ethical Standards for Public Officials and Employees.”
It includes a waiver authorizing the Ombudsman or his authorized representatives to attain documents that may show assets, liabilities, net worth, business interests, and financial connections from all appropriate government agencies. — RSJ, GMA News