Manila Mayor Estrada Former
President is among the richest local chief executive in Metro Manila, based on
his recent 2013 SALN (statement of assets, liabilities and net worth) that he have
recently submitted to the Ombudsman office.
Mayor Estrada declared his worth
Php242.834 million, which included more than Php151.442 million in cash or its
equivalent.
The Mayor said that he has properties
worth Php95.533 million. This includes orchard and residences in Pagsanjan,
Laguna and Iba, Zambales and his Php91.033—million house in Manilas at Sampaloc.
He also declared his personal
properties like the investments worth Php31.596 million, his vehicles valued at
Php10 million, furniture, appliances and antiques materials worth Php8.203
million, his firearms, gadgets and personal effects that valued Php2.857
million.
Estrada listed a Php59.5 million liabilities
as bank loan from Asian United Bank.
However Makati City Mayor Erwin
Binay Jr. has Php19.575 million made him the poorest.
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