19 SALNs: Mark Villar richest, Escudero poorest senator

Metro Manila, Philippines - Senators released their statements of assets, liabilities, and net worth (SALNs) on Tuesday, Oct. 28, revealing the wealthiest.

Senator Mark Villar topped the list with ₱1.26 billion, reporting zero liabilities. His assets include 14 residential properties worth ₱349 million and seven vehicles, the most expensive a ₱13-million Chevrolet Suburban.

Villar also listed directorships in Himlay’s Realty Incorporated and Major Asset Ventures Holdings, Inc.

The second wealthiest is Raffy Tulfo, with ₱1.052 billion. His properties include nine residential, commercial, and agricultural lots worth ₱376 million and 21 vehicles, including luxury cars - the most expensive being a ₱15-million Toyota Sequoia.

Tulfo is a stockholder and director of RW Productions, Inc. and Idol Network Philippines, Inc., and serves as president and trustee of the Raffy Tulfo in Action Foundation, Inc.

In third place is his brother, Erwin Tulfo, with a declared net worth of ₱497 million. He owns ₱210.9 million in real properties and 11 vehicles valued at ₱75 million, including an undisclosed vehicle purchased in 2021 for ₱30 million.

He listed business interests in five entities, but the names were redacted in his filing.

Meanwhile, the poorest senator based on declared net worth is Francis “Chiz” Escudero, with ₱18.84 million. The amount excluded five real properties he inherited in 2013, collectively valued at ₱1 million.

Escudero is a partner at Escudero Marasigan Valiente and EH Villareal Law Offices.

Close behind is Senate Deputy Majority Leader Risa Hontiveros, with a net worth of ₱18.99 million. Hontiveros was the first senator to publicly release her SALN this year, sending copies to the media and posting it on her social media pages last week.

Here is the list of senators who have their released their SALNs as of Oct. 28, from the highest to lowest net worth:

Mark Villar – ₱1.26 billion

Raffy Tulfo – ₱1.05 billion

Erwin Tulfo – ₱497 million

Migz Zubiri – ₱431.78 million

Camille Villar – ₱362 million

Ping Lacson – ₱244.94 million

Robin Padilla – ₱244 million

Jinggoy Estrada – ₱221.22 million

Lito Lapid – ₱202.04 million

Tito Sotto – ₱188.87 million

JV Ejercito – ₱137.07 million

Pia Cayetano – ₱128.29 million

Win Gatchalian – ₱89.52 million

Bam Aquino – ₱86.55 million

Loren Legarda – ₱79.21 million

Joel Villanueva – ₱49.51 million

Kiko Pangilinan – ₱26.74 million

Risa Hontiveros – ₱18.99 million

Chiz Escudero – ₱18.84 million

Five senators from the minority bloc have yet to release their SALNs despite media requests. They are Minority Leader Alan Cayetano, and Bato dela Rosa, Bong Go, Rodante Marcoleta, and Imee Marcos.

It has been two weeks since Ombudsman Jesus Crispin Remulla eased restrictions on public access to SALNs following the flood control corruption scandal.

Escudero, Estrada, and Villanueva are among those accused of receiving millions in alleged kickbacks from anomalous flood control projects — accusations they have repeatedly denied