Personal Life
He is married to Avelina "Belen" del Monte and they have four children: Franklin, Rene, Selina and Michael. Velarde's son Rene Velarde representing the Buhay party, is the richest party-list congressman with a net worth of P30.9 million. His son, Franklin is an investor in the Puyat-controlled Manila Bank (total assets of P7.57 billion).
Read more about this topic: Mike Velarde
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