• THERESA MAE DULMAN
Negros Occidental First District Representative Julio “Jules” Ledesma IV and his wife, Assunta Ledesma, have made public their Statement of Assets, Liabilities, and Net Worth (SALN), revealing a net worth of P5,825,772,721.59.
The SALN of Ledesma shows total assets of P6,394,697,958.41, with liabilities amounting to taxes payable. The couple emphasized in their statement that they are “bank-debt zero rated.”
Ledesma noted that 45 percent of his assets comes from inherited shares of stocks, from his father and aunts.
The solon cited that their sources of income include those coming from the San Carlos City Economic Zone, sales and leases, real estate, and fixed annual recurring passive investments.
The statement said their Agri-Agra largest asset class is land, which contains approximately 2,150 hectares at a current zonal value of approximately P1,500 per square meter, which was conservatively booked at DAR valuation.
The couple’s assets include over P161 million in real estate that covers residential properties in San Carlos City, Negros Occidental.
They also listed personal properties worth over P673 million, which includes jewelry, heirlooms, and service vehicles.
The family holds substantial liquid assets, with P48 million in cash on hand and in banks. Their equity investments total over P2.09 billion.
Other assets include collectibles and receivables totaling over P3.4 billion.
“It is imperative that we begin this period of public service with the spirit of transparency and accountability,” Ledesma said in the statement.
The document also revealed Ledesma’s relatives holding positions in government, including his son Julio Carlos Tomas Ledesma; his first cousin Pangasinan Third District Rep. Maria Rachel Arenas; his first cousin, Negros Occidental Board Member Andrew Montelibano; his granddaughter First Lady Liza Araneta-Marcos; and his nephew Negros Occidental Governor Eugenio Lacson.*
