Manny Pacquiao Has 103 Real Estate Properties: Is There One Near You?
A huge chunk of senator Emmanuel “Manny” D. Pacquiao’s fortune—or 46 percent to be exact—is made up of real properties. The boxing champ, who is worth Php3.1 billion, has 103 properties under his name. As detailed in Pacquiao’s statement of assets, liabilities and net worth, he has 97 declared properties in Mindanao, four in Luzon, one in Los Angeles, California and another in an undisclosed location. Pacquiao’s real estate has a combined value of Php1.6 billion. Forty-six of these are located in his hometown, General Santos City (see map). The eight-division world champion has land in 19 out of 26 barangays in General Santos.
Forty-two of Pacquiao’s properties are classified as residential, making up 40 percent of the total count. This includes Pacquiao’s mansion in the affluent subdivision Forbes Park in Makati and his Php115-million home in Hancock Park, Los Angeles. Another fourteen percent of his real estate acquisitions are commercial properties. Apart from participating in boxing fights, the senator also derives part of his fortune from different enterprises ranging from hotels and resorts to media production, which are listed under the Pacquiao Group of Companies. Pacquiao also has investments in agricultural properties, which make up 13 percent. Only one percent is classified as industrial.
Original post from http://www.entrepreneur.com.ph/news-and-events/manny-pacquiao-has-103-real-estate-properties-is-there-one-near-you-a1673-20170702
