Pacquiao Still The Richest Congressman

Ray Arnab / June 16, 2013

A recent report shows that Emmanuel “Manny” Pacquiao, a boxing icon and Sarangani representative is the richest congressmen in the House of Representatives in Philippines. According to his SALN or Statement of Assets, Liabilities and Net Worth filed in 2012, this immensely popular pugilist and lawmaker representing the people is worth 1,770,566,772 Filipino Peso which stands at an equivalent of 42,282,730 USD approximately. He is closely followed by Imelda Marcos, wife of the former ruler whose net worth stands at 922,800,000 Filipino Peso, which is close to 22037295 USD.

Emmanuel “Manny” Dapidran Pacquiao has a net asset value of 2,028,566,772 Filipino Peso which is equivalent to 48,444,000 USD and has a liability of 258,000,000 Filipino Peso or 6,161,270 USD approximately. This roughly stands for his net worth of 42,282,730 USD approximately. With this net worth surely he is one of the richest congressmen among the whole world.

Early Life:

Born in 1978 on 17th December, he was the fourth among six siblings. He went to Saavedra Saway Elementary School in General Santos City. He dropped out of school for personal reasons and later passed the school equivalency exam. After attaining a high school diploma, he went on for a college degree on business management.

Boxing Career:

At an early age of 14, Pacquiao started boxing. He made it to the Philippine national amateur boxing team and has an impressive 60-4 in his 64 bouts.

In 1995 Pacquiao moved into professional boxing. One of the most inspiring factors was the death of his close friend and aspiring boxer Eugene Barutag. He moved from flyweight to light middleweight and won a number of championships and titles.

He was named “fighter of the decade” for the decade of 2000 by Boxing Writers Association of America, World Boxing Council and World Boxing Organisation. He is also the first eight-division world championship. He is also the first to win the coveted Lineal championship in four different weight categories. The second highest paid athlete in the world Manny Pacquiao is definitely a true “rags to riches” story that serves as an inspiration to millions.

Other performances:

Pacquiao has also participated in acting, music recording besides being a politician and also a professional boxer. He has been on the big screen and the telly with guest appearances and second lead or some interesting cameo.

He is also a Lieutenant Colonel in the Reserve Force in the Philippine Army.

Political Career:

He ran for a seat in the House of Representatives in 2007 legislative election. He was defeated but in 2008 he was sworn in as a member of KAMPI (Kabalikat ng Malayang Pilipino). He went on to win a seat in 2010 from the lone district of Sarangani. He has formed his own party, changed party but he continues his second term.

He has also endorsed Harry Reid, senator of Nevada, and Governor Jerry Brown of California. The US is his secondary home, and he maintains a political active life in the US also.

Pop Culture:

A film based on his life has been released with the title ‘Pacquiao: The Movie’. He has also been featured in numerous video games.

He is also one of the first Filipino athlete to be featured on a postage stamp.

He has also been mentioned in songs by pitbull and Kool A.D. he has also been honoured by a number of other ways including being featured on the cover of Time magazine.

Personal Life:

Married to Maria Geraldine “Jinkee” Jamora, he has four children. He is a devout catholic and a loving father. He keeps living in Philippines and the United States. In Philippines he lives between his official residence in Kiamba of Sarangani, and General Santos City, South Cotabato.

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