Duterte’s 2016 wealth now P27.4 M, up by P3.35 M in six months
Vince F. Nonato
President Rodrigo Duterte’s wealth by the end of 2016 has slightly grown to P27.43 million, an increase of P3.35 million during his first six months as chief executive.
When Mr. Duterte entered office on June 30, his net worth was declared to be P24.08 million, according to his Statements of Assets, Liabilities and Net Worth dated August 10 and April 18.
The SALNs were obtained from the Office of the Ombudsman upon request by the Philippine Daily Inquirer and a few other publications (Rappler, The Philippine Star, The Manila Times, ABS-CBN, and CNN Philippines), subject to a P40 processing fee.
Mr. Duterte’s assets grew to P28.43 million by the end of 2016, from P25.18 million when he entered office.
To compare, President Benigno Aquino III’s wealth increased during the first semester of his presidency by P4.8 million. According to the Philippine Center for Investigative Journalism, his declared net worth are as follows: P54.999 million in December 2010, P50.19 million in June 2010, and only P15.44 million in December 2009 prior to the campaign period.