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Pacquiao tops list of richest congressmen in Philippines

Pacquiao, who is on his second term as the lone representative of the province of Sarangani in Southern Philippines, is also one of the world’s richest athletes.

In 2009, Pacquiao was listed by Forbes as one of year’s highest-paid athletes having ranked No. 6 in the list. Again in 2014, Pacquiao ranked No. 14 in the magazine’s list of world’s highest-paid athletes. Pacquiao’s foe Floyd Mayweather remains the highest-paid athlete in the world.

Pacquiao’s 2015 earnings would likely make him the second highest-paid athlete in the world next to Floyd Mayweather, who could end up more than $200 million richer this year.

Mayweather and Pacquiao fought last May 2 at the MGM Grand in Las Vegas, Nevada in what was dubbed the “Fight of the Century” which generated more than 400 million pay-per-view buys valued at more than $400 million.

In his Statement of Assets, Liabilities and Network (SALN) released on Thursday by the House Secretariat, Pacquiao declared a net worth of P1.688 billion.

Since his election in 2010, Pacquiao has remained the richest member of the House of Representatives.

From his earnings in boxing and endorsements, Pacquiao has made substantial investments in real estate and business which account for his asset in his SALN.

Pacquiao is currently recuperating from a major surgery to repair his damaged shoulder rotator cuff while training for his fight against Mayweather.

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