Cabinet officials all multi-millionaires except one

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Wednesday, May 28, 2014

EXCEPT for one, all of President Benigno Aquino III's Cabinet officials belong to the millionaire's club.

This was based on the Statements of Assets, Liabilities and Net Worth (SALNs) in 2013 that the 35 officials with Cabinet rank submitted to the Office of the Executive Secretary.

Foreign Affairs Secretary Albert del Rosario is still the richest Cabinet official with a net worth of P765.38 million, while Education Secretary Armin Luistro remains the poorest with net value of P433,392.

The top 10 wealthiest Cabinet members based on their 2013 SALNs include: (comparison to 2012 in closed parenthesis)

1. Foreign Affairs Secretary Albert del Rosario - P765,379,281.02 (from P705.481 million in 2012)

2. Tourism Secretary Ramon Jimenez - P282,466,800 (P249.986 million)

3. Finance Secretary Cesar Purisima - P278,947,249 (P270.712 million)

4. Interior and Local Government Secretary Manuel Roxas II - P211,027,479.88 (P203.3576 million)

5. Trade and Industry Secretary Gregory Domingo - P150,641,395 (P150.771 million)

6. Chief Presidential Legal Counsel Alfredo Benjamin Caguioa - P120,378,000 (P120.275 million)

7. Cabinet secretary Jose Rene Almendras - P119,841,097.67 (P115.400 million)

8. Energy Secretary Carlos Jericho Petilla - P117,095,110 (P111.295 million)

9. Transportation and Communications Secretary Joseph Emilio Abaya - P112,080,897.55 (P104.721 million)

10. Health Secretary Enrique Ona - P93,692,345.56 (P80.23 million)

The following is the list of net worth by other Cabinet officials:

11. Agriculture Secretary Proceso Alcala - P90,772,754.10

12. Public Works and Highways Secretary Rogelio Singson - P83,844,373.25

13. Science and Technology Secretary Mario Montejo - P59,968,806.39

14. Commission on Higher Education Chairperson Patricia Licuanan - P45,477,803

15. Metro Manila Development Authority Chairman Francis Tolentino - P40,722,000

16. Budget Secretary Florencio Abad - P32,772,279.13

17. Environment Secretary Ramon Paje - P30.35 million

18. Defense Secretary Voltaire Gazmin - P24,639,939

19. Technical Education and Skills Development Authority Secretary Joel Villanueva - P23,272,955

20. Presidential Management Staff head Julia Abad - P22,360,000

21. Socioeconomic Planning Secretary Arsenio Balisacan - P21,615,100

22. Executive Secretary Paquito Ochoa Jr. - P18,149,756.34

23. National Security Adviser Cesar Garcia Jr. - P16,400,000

24. Presidential Communications Operations Office Secretary Herminio Coloma - P16,390,000

25. Mindanao Development Authority Chairperson Luwalhati Antonino - P15,309,700

26. Agrarian Reform Secretary Virgilio Delos Reyes - P13,404,631.76

27. Presidential Spokesperson Edwin Lacierda - P12,409,443.57

28. Presidential Legislative Liaison Office head Manuel Mamba - P10,857,217.20

29. National Commission for Muslim Filipinos head Mehol Sadain - P10,422,270.12

30. Presidential Adviser for Political Affairs Ronald Llamas - P5,693,378

31. Justice Secretary Leila De Lima - P4,586,742.20

32. Presidential Adviser on the Peace Process Teresita Deles - P4,421,760.86

33. Labor Secretary Rosalinda Baldoz - P4,345,406

34. Social Welfare Secretary Corazon Soliman - P3,680,000

35.Education Secretary Armin Luistro - P433,392.17 (P550,651). (SDR/Sunnex)

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