Raffy and Jocelyn Tulfo declare ₱1.05B net worth, no debts listed in latest SALN

Senator Raffy Tulfo and his wife, ACT-CIS party-list Representative Jocelyn Tulfo, have declared a combined net worth of ₱1.05 billion as of December 2024, based on their latest joint Statement of Assets, Liabilities, and Net Worth (SALN).

According to a copy obtained by GMA Integrated News, the couple’s assets include nine real-estate properties valued at more than ₱376 million, 14 vehicles, and bank accounts totaling over ₱280 million. Their declaration also showed no liabilities or outstanding debts.

The release of the joint SALN came shortly after the Office of the Ombudsman urged lawmakers to voluntarily make their wealth declarations public.

Beyond their political roles, the Tulfos are known for their family’s entrepreneurial ventures and substantial investments. In 2020, the family launched the Idol Shopping Network, an online e-commerce platform described by Senator Tulfo as a business “owned by his children,” with him and his wife providing support.