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Why would Robredo Envy Binay’s Investment after her Wealth Drops by 2M?


welcome By: Elena Grace Flores

Former Vice President Jejomar Binay remain humble despite the series of corruption allegations. Binay explained in 2103 his investment for the profit he made that resulted in his net worth of P60 Million. There’s indeed no comparison with Leni Robredo on the concept of; you reap what you sow.

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Binay’s Nature

Misjudged, condemned and accused of stealing by detractors that cost him the presidency but Binay continues being a public servant without an official title. He’s back to his charity foundation in Makati, helps in his law firm, consultant to various institutions not to mention his daily rounds in the community. His family is currently on a pilgrimage to the Holy Land in Israel.

No Comparison

Since her proclamation, Vice President Leni Robredo’s net worth drops by over P2 million. It is a drop of 19.7% over a 6-month period. In contrast, her predecessor, former vice president Binay, saw his net worth drop by only around P666,000 within the first 6 months of his term back in 2010. This is beside the fact that both faces electoral protests for the same post. The only difference is, it costs a lot of money for Robredo to counter-act Bongbong Marcos’ allegations of fraud than Binay. The latter completed his term as the honorable VP.

Robredo’s Retaliation

Robredo is also not safe from bashers. She also faces two impeachment complaints aside from Marcos’ electoral protest. She retaliates by bad-mouthing the administration in international events. She complains via social media and now runs a radio show for her sentiments and insights showing how inexperienced she is with the plight of the marginalized poor.

Reap what you Sow

In her June 2016 Statement of Assets, Liabilities, and Net Worth (SALN), Robredo declared a net worth of P11.05 million. Six months later, her net worth dropped to P8.88 million. There’s a difference of over P2 million, or a 19.7% drop in her wealth. Her predecessor, meanwhile, began his term with a net worth more than 5 times more than Robredo. Binay, a longtime mayor of Makati City, had a net worth of P58.76 million as of June 2010. It increased to P 60 million in 2013. Clearly, right investments and positive attitude help in attaining prosperous finances.

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