Senators' SALNs out: Villar the only billionaire, Chiz the poorest
Sen. Manuel Villar remained the only billionaire member of the Senate last year, with Sen. Francis “Chiz” Escudero the poorest, based on their Statement of Assets, Liabilities and Net Worth (SALN) for 2012.
Villar, whose family owns a highly successful real estate business, declared P1,452,615,408 in assets for 2012. He has no listed liabilities. His combined net worth with his wife, incoming Senator Cynthia Villar, was the only one that broke the billion peso mark.
Escudero, who was re-elected in the recently concluded midterm polls, meanwhile has the lowest net worth at P4,017,082 — a dip of almost P6 million from his P9,867,082 net worth in 2011. The decrease occurred after his marriage with Christine Elizabeth Flores was annulled.
Based on his 2011 SALN, Escudero owned two condominium units in New Manila, Quezon City, a 1995 Range Rover Classic, a 1969 BMW 2002, and a 1996 Toyota Land Cruiser. But in his 2012 SALN, the condo units were no longer declared under his real properties, Also, his finances went down by P300,000 and his jewelry and other properties by P450,000.
On the other hand, Escudero's earnings from his endorsements, however, were noticeably missing from his 2012 SALN. These include his endorsements of meat products, a herbal supplement and a computer school. GMA News Online was still trying to reach Escudero for comment as of posting time.
Below are the 24 senators of the 15th Congress and their respective net worths based on the 2012 SALNs they submitted to the Senate Secretariat.
Sen. Manuel Villar – P1,452,615,408
Assets: P1,452,615,408
Liabilities: 0
Sen. Ralph Recto – P468,467,036.10
Assets: P530,573,252.53
Liabilities: P62,106,216.43
Sen. Ferdinand Marcos Jr. – P437,238,356.18
Assets: P471,345,128.35
Liabilities: P34,106,772.17
Sen. Jinggoy Estrada – P193,580,509.92
Assets: P215,236,601.96
Liabilities: P21,656,092
Sen. Ramon Bong Revilla Jr. – P169,141,387.21
Assets: P251,778,835.81
Liabilities: P82,637,448.60
Sen. Edgardo Angara – P159,092,565.24
Assets: P229,017,646.67
Liabilities: P69,925,081.43
Senate President Juan Ponce Enrile – P118,626,539
Assets: P118,625,539
Liabilities: 0
Sen. Sergio Osmena III – P111,779,000
Assets: P115,879,000
Liabilities: P4,100,000
Sen. Miriam Defensor-Santiago – P77,694,821Assets: P147,694,821
Liabilities: P70,000,000
Sen. Pia Cayetano – P72,958,612.33
Assets: P79,799,253.44
Liabilities: P6,840,641.11
Sen. Vicente Sotto III – P62,220,571.60
Assets: P154,035,072.52
Liabilities: P91,814,500.92
Sen. Franklin Drilon – P51,754,262.78
Assets: P85,816,972
Liabilities: P34,062,609
Sen. Loren Legarda – P45,956,803
Assets: P67,481,803
Liabilities: P21,525,000
Sen. Teofisto Guingona III – P43,496,472.16
Assets: P111,701,594.30
Liabilities: P68,205,122.14
Sen. Panfilo Lacson – P28,856647.46
Assets: P41,458,617.46
Liabilities: P12,601,970
Sen. Lito Lapid – P26,000,000
Assets: P99,000,000
Liabilities: 73,000,000
Sen. Alan Peter Cayetano – P23,308,333
Assets: P25,840,367
Liabilities: P2,532,034
Sen. Gregorio Honasan II – P21,087,050
Assets: P21,087,050
Liabilities: 0
Sen. Aquilino Pimentel III – P16,989,225
Assets: P16,989,225
Liabilities: 0
Sen. Francis Pangilinan – P14,375,209.01
Assets: P15,537,084
Liabilities: P1,161,874.99
Sen. Joker Arroyo – P11,050,000
Assets: P11,050,000
Liabilities: 0
Sen. Antonio Trillanes IV – P4,432,000
Assets: P11,012,000
Liabilities: P6,580,000
Sen. Francis Escudero – P4,017,082
Assets: P4,017,082.09
Liabilities: 0
Based on the Salary Standardization Law, a senator has a P90,000 monthly salary, while the Senate president receives P103,000 every month. — Patricia Denise Chiu/KBK/ELR, GMA News