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10th wealthiest solon: Arroyo richer by more than P14.7M in 2018

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By JOHN CARLO M. CAHINHINAN

The wealth of former President and now outgoing House Speaker Gloria Macapagal Arroyo has increased by more than P14.7 million based on her Statement of Assets, Liabilities, and Net worth (SALN) for 2018.

Arroyo, in her 2018 SALN, registered a net worth value of P479,546,617.30 which is higher by P14.779-million compared to her submitted records in 2017.

With her fortune soaring by 3.08 percent, Arroyo is currently the 10th richest member of the House of Representatives.

The former chief executive assumed as House Speaker in July 2018 after a successful leadership scuffle staged by her supporters against former House Speaker and reelected Davao del Norte Rep. Pantaleon “Bebot” Alvarez.

Meanwhile, House Majority Floor Leader and Capiz Rep. Fredenil Castro has declared a net worth amounting P39,851,424.76 while outgoing Minority Floor leader and Quezon Province Rep. Danilo Suarez has P214,770,744.36.

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