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Who’s the richest and poorest governors in Bicol?

Sep 5, 2015 @ 8:54

Catanduanes Gov. Araceli Wong is the richest governor in Bicol region with a net worth of P270.5 million.

Bicol Mail, a local newspaper, reported that Wong has P155.5 million worth of real properties and personal properties estimated at P228.7 million.

But based on the governor’s latest Statement of Assets and Liabilities (SALN), Wong has the highest listed liabilities among the Bicol governors, pegged at P113.7 million.

Wong’s assets include real estate properties in Zamboanga and Taiwan and stocks and investments worth P183.8 million in export and restaurant businesses.

The second richest governor is Edgardo Tallado of Camarines Norte, whose net worth was pegged at P133.8 million.

He has a Manila-based construction business.

Tallado was followed by Camarines Sur Gov. Miguel Luis Villafuerte with a net worth of P21.8 million consisting of one residential house in Laguna worth P3.8 million, P18.8 million personal properties and a P750,000 loan as liability.

He has an interest in a water sport business in Laguna and two import-export business.

The poorest governor is Raul Lee of Sorsogon. His net worth totalled a mere P2.3 million. He has no liabilities.

Lee’s biggest treasures are his furniture and appliances worth P1.6 million, cash-in-bank amounting to P150,085.81 and cash-on-hand at P500,000.00.

Although his SALN was signed by his spouse, incumbent Mayor Sally Lee of Sorsogon City, it did not state if the SALN was jointly or separately filed.

The second poorest provincial executive was Masbate governor Rizalina Lanete who, ironically, is in jail for her alleged involvement in Janet Lim-Napoles’ multi-billion peso pork barrel scam.

She has P12.2 million net worth composed of P4.15 million worth of real properties, P8.5 million worth of personal properties and a car loan worth P530,315.07 as liability.

Her one-page SALN listed no business interests.

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