Inheritance triples Robredo's wealth to P11.9-M in 2020

Inheritance triples Robredo's wealth to P11.9-M in 2020


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Vice President Maria Leonor "Leni" Robredo net worth jumped to P11.9 million in 2020 from P3.5 million in 2019, the biggest increase in her wealth since she was elected to office in 2016.

A copy of Robredo's latest Statement of Assets, Liabilities and Net Worth (SALN) acquired by The Manila Times from her office showed her net worth was P11,904,280.

Vice President Maria Leonor "Leni" Robredo 
(photo credit to owner)

Her cash on hand nearly doubled, from P8.6 million to P16.9 million in 2020. Her prepaid insurance also rose from P655,000 to P705,000.

VP Robredo's other personal properties were worth the same as in 2019. Her furniture and appliances stayed at P1.5 million and jewelry at P100,000. She also owns a Toyota Innova (P1.12 million) and a Toyota Grandia (P1.75 million).

A Honda Civic and a Suzuki Celerio are listed as new assets. No acquisition costs were indicated, but it was stated that the "increase or additional" was "due to inheritance, subject to final settlement.

The total value of her eight properties in her hometown in Camarines Sur was unchanged at P1.735 million. The SALN, however, indicated that she inherited seven more properties in Naga City and the towns of Mambulo Viejo, Libmanan and Patong, Pamplona.

The vice president now owns 15 properties, including residential and agricultural lands, a "memorial," and an orchard.



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Report from Manila Times


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