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From Millions to Billions: Marcos’ Wealth Jump Explained

President Ferdinand “Bongbong” Marcos Jr.’s net worth has seen an astonishing rise over the past two decades — a jump of more than 1,600% from his days as governor of Ilocos Norte in 2005 to his position as President of the Philippines in 2024.

According to a report by Raffy Tima on 24 Oras, based on the analysis of GMA Integrated News Research, Marcos declared ₱79 million in net worth in 2005. Fast forward to December 31, 2024, and that number has soared to ₱1.375 billion.

This assessment is backed by Cuervo Appraisers, a professional asset valuation company that has been evaluating the properties of Marcos and First Lady Liza Araneta-Marcos since 1997. Their long-running appraisal paints a clear picture of consistent growth.

In 2007, Marcos’ final year as governor, he declared ₱120 million.
By 2008, after becoming an Ilocos Norte congressman, the couple’s net worth climbed to almost ₱180 million.
A year later, in 2009, their wealth jumped by over ₱135 million, boosted largely by a Cabuyao property returned to the Marcos family by the Sandiganbayan.

When Marcos served as senator in 2010, his SALN reflected ₱311.5 million.
That number continued to rise — reaching ₱437 million in 2012, driven by investments, shares of stock, and even an expanding art collection.

Despite carrying liabilities of more than ₱34 million, the couple’s net worth still went up, hitting ₱510 million in 2014, according to Cuervo’s appraisal.
In 2015, it grew again to ₱533 million, and by the time Marcos completed his Senate term in 2016, their wealth reached ₱619 million.

The trend continued into his presidential campaign and eventual victory. By 2022, the Marcos couple declared over ₱908 million in assets. Today, his latest SALN — as appraised by Cuervo — places his net worth at ₱1.375 billion.

Marcos began following the Civil Service Commission’s stricter net worth declaration rules in 2012, listing ₱193 million in assets that year.
In 2014, he reported nearly ₱200.6 million, even with liabilities exceeding ₱27 million.
By 2015, as he prepared for a run at the vice presidency, his SALN rose again to more than ₱211 million.
In 2016, his final year as senator, it dipped slightly to ₱203.8 million.

Then came 2022 — the year he won the presidency.
Under CSC rules, his latest official net worth declaration for the end of 2024 stands at ₱389 million, separate from the Cuervo appraisal of his family’s combined assets.

Nearly 20 years of public service.
Billions in declared wealth.
One long, dramatic timeline of growth — raising questions, sparking debate, and keeping the nation watching closely.

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