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A Statement of Assets, Liabilities, and Net Worth (SALN) [1] [2] is an annual document that all de jure government workers in the Philippines, whether regular or temporary, must complete and submit attesting under oath to their total assets and liabilities, including businesses and financial interests, that make up their net worth. [3]
Rep. Mikee Romero (1-Pacman Party-list), with a net worth of ₱6.50 billion, is the wealthiest member of Congress and of the House of Representatives as of September 18, 2020. Sen. Cynthia Villar ( Nacionalista ), with a net worth of ₱ 3.8 billion , is the wealthiest member of the Senate as of December 31, 2019.
Tan Caktiong was born on January 5, 1953 in the then-undivided province of Davao (in now Davao del Sur) to Chinese immigrant parents from Fujian. [6] His father worked in a restaurant in China and as a cook in a Buddhist monastery in Manila before setting up his restaurant in Davao City. [7]
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People often wonder what lower, middle, and upper class really mean. Get a better understanding of these terms with the average net worth of each class.
Forbes estimated Uy's 2020 net worth at $650 million, ranking him as the Philippines' 22nd-richest. [ 9 ] Dennis Uy's Udenna Corporation bought 100 million common shares of Atok-Big Wedge Co. Inc., where Uy is a director and vice chairman. [ 10 ]
Jerome D. Ong serves as the President and CEO of CDO Foodsphere, Inc. Under his leadership, the company has expanded its product portfolio and strengthened its presence in the Philippine food industry. His tenure has been marked by initiatives to explore new markets and adopt technologies aimed at optimizing production. [17] [18]
residential lots worth at most P1,500,000, or house and lots worth at most P2,500,000; monthly lease of residential units at most P15,000; books and mass media publications (e.g. newspaper and magazine); transport services by non-Philippine carriers; cargo vessels and aircraft; financial services; sales to senior citizens and persons with ...