Bongbong Marcos' Wealth Keeps Rising Even as His Businesses Go Bankrupt

Senator Ferdinand "Bongbong" Marcos, Jr. (Source: www.senate.gov)

Senator Ferdinand "Bongbong" Marcos, Jr. (Source: www.senate.gov)

Senator Ferdinand “Bongbong” Marcos Jr’s wealth continues to rise even as his family businesses are operating at a loss, reports Rappler.com. With a declared net worth of only P600,000 in 1992 after securing a seat in the House of Representatives for the 2nd district of Ilocos Norte, the 57-year-old Marcos scion’s net worth has jumped to P197.47 million or P441.997 million, depending on the basis of the computation in his Statement of Assets, Liabilities and Net Worth.