Friday, May 13, 2011

Manny Pacquiao is The Richest Congressman


With a net worth of P1.13 billion, pound for pound boxing champion and Sarangani Representative Manny Pacquiao is the country's richest congressman while a first-termer Negros Occidental 3rd district Representative Alfredo Benitez, with a net worth of P624.85 million, is the second richest of the 284 congressmen comprising the 15th Congress of the Philippines House of Representatives.

The third richest solon is First Lady and now Ilocos Norte solon Imelda Marcos with P623.6 million followed by Negros Occidental 1st district Representative Julio Ledesma IV with P555 million.

The other lawmakers who belong in the top 10 richest are: Ferdinand Romualdez (Leyte) with P475.61 million; Augusto Boboy Syjuco (second district, Iloilo) with P294.6 million; House Speaker Feliciano Belmonte with P283.29 million; Enrique Cojuangco (Tarlac) with P199.59 million; Rodolfo FariƱas (Ilocos Norte) with P195.78 million; and Ferjenel Biron (fourth district of Iloilo) with P165.996 million.

Meanwhile, four members of the Arroyo family were among the 35 wealthiest among 284 members of the House of Representatives.

Former President and incumbent Pampanga Rep. Gloria Macapagal-Arroyo was in 17th place with a declared net worth of P140.2 million. Her brother-in-law, Negros Occidental Rep. Ignacio “Iggy" Arroyo, followed her closely at 18th place with P137.9 million.

Mrs. Arroyo's sons, Ang Galing Pinoy party-list Rep. Juan Miguel “Mikey" Arroyo and Camarines Sur Rep. Diosdado “Dato" Arroyo, were at the 27th and 35th spots, with P95.5 million and P87.2 million net worth, respectively.


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