Former Philippine President and local chief executive of Manila, Mayor Joseph 'Erap' Estrada is the richest Mayor in Metro Manila, based on his 2013 Statement of Assets and Liabilities and Net Worth (SALN) that he recently submitted to the Office of the Ombudsman.
According to the report of philstar.com, Mayor Joseph Estrada declared his net worth at P242.834 million, Mayor Estrada listed his real properties worth P95.5 million and his big chunk of cash or its equivalent amounting to P151.4 million. He also listed his P91.033 million house in Sampaloc, Manila, a P31.596 million worth of property investments, vehicles valued at P10 million and other assets. In terms of liabilities, Mayor Estrada listed P59.5 million in the nature of a bank loan from Asian United Bank.
Here’s the list and total SALN Report of Metro Manila Mayors:
Manila Mayor Joseph Estrada - P242.834 million
Pasig City Mayor Maria Belen Eusebio - P150.014 million
Navotas Mayor John Reynald Tiangco – P149.498 million
Mandaluyong Mayor Benhur Abalos – P142.119 million
Las Piñas Mayor Vergel Aguilar – P71.475 million
Quezon City Mayor Herbert Bautista – P51.115 million
Malabon Mayor Antolin Oreta III – P48.640 million
San Juan Mayor Guia Gomez – P39.074 million
Parañaque Mayor Edwin Olivarez – P26.730 million
Pateros Mayor Jaime Medina – P19.87 million
Makati Mayor Jejomar Erwin Binay – P19.575 million
Caloocan City Mayor Oscar Malapitan – P12.385 million
Pasay City Mayor Antonio Calixto – P7.401 million
Marikina Mayor Del de Guzman – P3.310 million
Pasig City Mayor Maria Belen Eusebio, ranked second richest Mayor in Metro Manila who declared a total net worth of P150.014 million. Mayor Eusebio owns real properties worth P53.487 million and other personal properties valued at P94.527 million, including investments of P51.507 million.
The poorest Metro Manila chief executive is Marikina Mayor Del de Guzman who has a net worth of P3.310 million, he was also the poorest mayor of Metro Manila during the 2012 SALN report.
During the year 2012 the richest mayors in Metro Manila were Pasig City Mayor Maria Belen Eusebio, Navotas Mayor John Reynald Tiangco and Mandaluyong Mayor Benhur Abalos.
The SALN of Valenzuela City Mayor Rex Gatchalian, Muntinlupa City Mayor Jaime Fresnedi and Taguig City Mayor Maria Laarni Cayetano were not available for unspecific reasons.
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