Chavit Singson Net Worth

Chavit Singson is a Filipino politician, businessman, and entrepreneur whose influence spans both politics and business. Widely regarded as one of the wealthiest men in the Philippines, Chavit Singson net worth is estimated at $700 million as of 2025. Known as the Mayor of Narvacan in Ilocos Sur, he has held several high-profile political positions while also building a vast business empire across industries such as mining, aviation, renewable energy, agriculture, retail, and tourism.

Early Life 

Luis Crisologo Singson, popularly known as Chavit Singson, was born on June 21, 1941, in Vigan, Ilocos Sur, to parents Jose Singson and Caridad Crisologo. He grew up in a family of eight children, being the second eldest. Despite his family’s long-standing political prominence in the Ilocos region, Singson experienced financial struggles in his early life, including moments when his family had to sell household appliances to make ends meet.

He studied at Colegio de San Juan de Letran in Manila, where he pursued a degree in Commerce. His upbringing instilled resilience, leadership, and business acumen, qualities that later defined both his political and entrepreneurial career.

Political Career

Chavit Singson’s political journey began against the backdrop of bitter political rivalries in Ilocos. At one point, he considered his uncle, Floro Crisologo, a mentor, though their relationship eventually soured due to political feuds.

Over the decades, Singson rose through various political ranks:

• Served three terms as Governor of Ilocos Sur Province.
• Became a Congressman representing Ilocos Sur.
• Was elected Councilor of Narvacan in 2016.
• Has served as the Mayor of Narvacan since June 2019.
• In 2007, he ran for the Senate but later accepted the role of Deputy National Security Adviser under President Gloria Macapagal Arroyo.
• Since 2018, he has been the President of the Philippine National Shooting Association.

Through these positions, Singson has cemented his influence both regionally and nationally.

Business Empire

Parallel to politics, Chavit Singson built an impressive business empire. He is the Founder and Chairman Emeritus of LCS Group of Companies, a diversified conglomerate with investments in:

• Mining – Satrap Mining, specializing in gold and silver extraction and refining.
• Energy – Satrap Power Corporation, focused on renewable energy projects like solar, wind, hydro, and biomass.
• Aviation – Platinum Skies, offering private chartered flights across the Philippines.
• Tourism – Baluarte Resort and Mini Zoo, one of Ilocos Sur’s top attractions.
• Transportation – Partas Transport, one of the country’s largest bus companies.
• Retail and Media – Go Sport (Philippines franchise) and other ventures.
• Agriculture – The Chavit Tree Project Corporation, which promotes sustainable lumber and reforestation.

The LCS Group gained global recognition in 2016 when it sponsored the Miss Universe pageant, covering $11 million of the $13 million budget.

Personal Life

Chavit Singson was born on June 21, 1941, and celebrates his birthday annually on that date. He was previously married to Evelyn Verzosa in 1962, though they later separated. Currently, he is in a relationship with Janezza Denise Carreon.

He is a father of eight children: Randy, Regina, Raquel, Ronald, Ryan, Rommel, Richard, and Christian Luis Singson.

Singson also owns luxurious residences, including a mini-mansion in Corinthian Gardens, Quezon City, and a property in Vigan.

Lifestyle and Philanthropy

Despite his wealth, Chavit Singson remains known for his philanthropic contributions. Through his businesses, he has supported environmental initiatives, education, medical programs, and community training. His Baluarte Resort and Mini Zoo doubles as both a business venture and a public attraction, open to locals and tourists.

He has also invested in corporate social responsibility projects such as building eco-friendly infrastructure and funding scholarships for underprivileged students.