The online news portal of TV5
MANILA, Philippines -- The wealthiest member of the House of Representatives became richer and the poorest, even poorer, a summary of their statement of assets liabilities and net worth showed.
Boxing icon and Saranggani Representative Manny Pacquiao’s net worth grew by about 200 million, from P1.13 billion in 2010 to P1.35 billion last year.
On the other hand, Anakpawis party-list Representative Rafael Mariano’s net worth decreased from P75,711 in 2010 to P46,946 in 2011.
The multi-millionaires in the chamber remained among the wealthiest in 2011, with a number of them increasing their net worth by hundreds of millions of pesos.
Ilocos Norte Representative Imelda Marcos, second richest after Pacquiao, nearly breached the one billion-peso mark with a net worth of P932.8 million.
The net worth of Speaker Feliciano Belmonte Jr. also showed a big leap upward -- from P283.2 million in 2010 to P726.2 million in 2011 -- propelling him to third richest member of the House.
He was seventh in 2010.
Negros Occidental Representative Alfredo Benitez came in fourth with P686.1 million. He had P624.8 million in 2010.
Following him are Negros Occidental Representative Julio Ledesma IV with P555 million, Leyte Representative Martin Romualdez with P474.1 million, and Iloilo Representative Augusto Syjuco with P302 million.
Former President Gloria Macapagal-Arroyo, now a Pampanga representative, has P131.6 million net worth, less than her P140.2 million net worth in 2010.