Marcos Jr. declares P389M net worth, appraisal shows P1.375B

President Ferdinand Marcos Jr. declared a net worth of P389 million as of December 31, 2024, according to his Statement of Assets, Liabilities, and Net Worth (SALN).

An appraisal by Cuervo Appraisers, Inc. placed his net worth significantly higher at P1.375 billion.

His declared assets under Civil Service Commission rules include P142 million in real estate and P247 million in personal properties.

Personal properties encompass cash, investments, jewelry, 12 vehicles, and paintings, with a Mercedes-Benz Maybach valued at P10.5 million among his vehicles.

His extensive art collection features 126 paintings by renowned Filipino artists like Fernando Amorsolo and Jose Joya, as well as a piece by Jose Rizal.

In his December 31, 2022 SALN, Marcos Jr.'s net worth was at P371,492,590.60, with the appraised value of his assets at P960,700,422.23.

Topics in this story

Explore more stories about these topics.

🤖

This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.

News Sources

See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.