REP. Michael Romero of 1-Pacman party-list remains the richest member of the House of Representatives with a net worth of P7.29 billion, P282 million more than in 2017, according to that year’s Summary of the Statement of Assets, Liabilities and Net Worth (SALN) released by the House recently.
Romero, the principal author of strengthening the right of government to expropriate land for socialized housing, declared P7.3 billion in assets and P37 million in liabilities.
Romero owns the Harbour Centre Port Terminal, Inc., is chairman of the 168 Ferrum Pacific Mining Corporation and vice chairman of AirAsia Philippines and owner of Globalport basketball team.
In second is newly-appointed Justice Undersecretary Emmeline Aglipay-Villar of DIWA party-list with P1.4 billion net worth. Aglipay-Villar is the wife of Public Works and Highways Secretary Mark Villar.
Third is Rep. Alfredo “Albee” Benitez of Negros Occidental with P1 billion, followed by Rep. Imelda Marcos of Ilocos Norte with P920 million and former Speaker Feliciano Belmonte, Jr. of Quezon City with P861 million.
Rounding up the top 10 richest are Reps. VirgilioLacson of Manila Teachers party-list with P791 million, Bayani Fernando of Marikina with P739 million, Vilma Santos-Recto with P538 million, Antonio Floirendo, Jr of Davao del Norte with P523 million and YeddaRomualdez of Leyte with P478 million.
The top 10 richest lawmakers this year were also the top 10 richest in 2017.
Former president Gloria Macapagal-Arroyo of Pampanga ranked 11th with P464 million; and Speaker Pantaleon Alvarez of Davao del Norte at 12th with P91 million.—Llanesca T. Panti