Philippine officials' wealth
Ombudsman Conchita Carpio Morales is richer by P17.778 million since she assumed office in July 2011. Morales is set to retire on July 26 this year.
Morales’ net worth for 2017 is computed from her total assets amounting P58.615 million which include real properties worth P19.639 million and personal properties worth P38.975 million less her liabilities of P88,000 which involve a credit from Rustan’s for “personal items.”
Morales declared a net worth of P58.527 million as of Dec. 31, 2017, higher by 44 percent or P17.78 million from her net worth of P40.749 million declared in her entry SALN in July 2011.
Morales’ net worth in 2017 is also higher by 8 percent or P4.4 million from her P54.13 million in 2016.
Sen. Cynthia Villar is still the richest senator and Sen. Antonio Trillanes the poorest, based on their 2017 SALNs.
Villar's net worth is at P3.6 billion while Trillanes' is at P6.87 million.
Vice President Leni Robredo's net worth for 2017 went down by a significant 87.45% or P7.76 million due to loans she took to pay for fees in Bongbong Marcos' poll protest.
Her net worth was at P1,114,102.84 in 2017 from P8,878,111.43 in 2016.
President Rodrigo Duterte’s declared net worth grew by P1.1 million as of Dec. 31, 2017 at P28.54 million from P27.428 million by the end of 2016, his Statement of Assets, Liabilities and Net Worth submitted to the ombudsman shows. — with Elizabeth Marcelo
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