Just how rich is Senator Manny Pacquiao?

WHAT MATTERS MOST - Atty. Josephus B. Jimenez - The Freeman

Manny Pacquiao is now the richest senator, much richer than Cynthia Villar. Based on my calculations, his total earnings are a whopping 574 million dollars or 30 billion 422 million pesos for the last 20 fights alone, excluding the 40 fights before, and the income from product endorsements, businesses revenues, appreciation of his real estates, and his income as senator (P1.4 million a month according to the late Miriam Defensor-Santiago). Assuming taxes and expenditures were half all that, he is still worth 15 billion and 211 million pesos. If you add 35 million dollars he earned fighting Lucas Matthysse, that would round up his wealth to 15 billion 386 million 500 thousand pesos.

Pacquiao owns a mansion in Boracay and another in Gensan, bigger than any of the buildings in the Malacañang complex. He also has a mansion in Beverly Hills, America’s enclave of the super-rich and famous, and in Forbes, Metro Manila’s exclusive address of the “creme de la creme.” He owns another mansion in Laguna near Brent International School, where his kids used to study, and where he was baptized as a born-again Christian, to his mother’s dismay.

He owns private planes and yachts, perhaps more than a hundred cars. He has vast investments in real estate and businesses. He gives away houses and lots to the poor. He sends thousands of scholars to college. He is a silent philanthropist. He pays for hospital bills of people he hardly knows. He gave mansions to his parents and siblings. Of course, he bought more LV and Hermes bags for Jinkee and Mommy D., and bags of diamonds that can surpass those accumulated by Masnor, wife of fallen Malaysian leader Najib Razak. The only difference is that Manny earned his money honestly.

Where did Manny get all this wealth? The former construction worker who dropped out from high school and went into boxing due to extreme poverty, earned his billions by the sweat and even blood of his brow. He earned the most fighting Floyd Mayweather in 2015. Although losing, he got $130 million for the fight and 40 per cent of the $400 million pay-per-view. The year 2009 was a bumper year for him; he earned $35 million for fighting Miguel Cotto and $12 million for Ricky Hatton. He earned a clean $40M in 2011 fighting Shane Mosley and Juan Miguel Marquez. Another $40M in 2012 with Bradley and Marquez again. Still another $40M in 2014 with Bradley again and Chris Algieri. He got only $24M in 2016 for fighting Bradley and Vargas. Win or lose, Manny brings home millions to Jinkee and Mommy D.

President Rody Duterte told Manny to retire from boxing and run for president. He can afford to fund his campaign sans contributions. But there are still three or four fights lined up by Bob Arum, where Manny can earn about $500 million more, with endorsements and pay-per-view. But no, it is not just about the money. It is the honor Pacman brings to our people. Who knows, the masses may send him to Malacañang. In 2016, he got more than 16 million votes, almost equal to Duterte’s. We can never tell what God has planned for the former poor boy from Dadiangas.


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