John Gokongwei, Jr. & Family Net Worth is$3,200 $Million
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Birth Date: 1926/08/11
Birth Place: Gulangyu Subdistrict, Xiamen, Fujian Province, China
Death Date:
Nationality: Chinese Filipino
Occupation: Businessman
John L. Gokongwei, Jr. (traditional Chinese: a??a??e 1/4 ?; simplified Chinese: a??a??e 3/4 ?; pinyin: WA? YA?huA<<; PeI?h-A?e-jA<<: GA?I? EI?k-hui; born August 11, 1926 in Gulangyu, Xiamen, Fujian Province, China) is a Chinese Filipino businessman with holdings in telecommunications, financial services, petrochemicals, power generation, aviation and live stock farming. As of 2012, Gokongwei is the third richest entrepreneur in the Philippines with a networth of $3.2 billion, ranking behind only to Henry Sy and Lucio Tan.
He is the chairman of JG Summit Holdings, one of largest conglomerates in the Philippines. In 2005, his company spent $700 million of internally generated funds which was used to buy new aircraft for his airline, Cebu Pacific Air. From 2003 up to the present his telecom company Digital Telecommunications Philippines spent nearly $800 million for its mobile carrier, Sun Cellular which is the 3rd largest mobile operator in the Philippines as of 2008. He is currently negotiating a $1 billion takeover of UIC[disambiguation needed], a property giant from Singapore of which he owns in excess of 30%. UIC[disambiguation needed] controls Singapore Land, one of the biggest property landlord in Singapore. Gokongwei also owns Universal Robina Corporation, one of the largest manufacturer of snacks in the Philippines. He also controls Robinsons Land one of the biggest property developers in the Philippines which also operates a chain of malls.
He was born into a wealthy Cebu-based family, originally from China's Fujian province. The family fortune was lost when his affluent father died. He started his business career during World War II, buying and selling rice, clothing and scrap metal. He is married, and has six children. His only son, Lance Gokongwei, is now in charge of the Gokongwei Empire, serving as president and COO while his father serves as Chairman Emeritus.
On August 29, 2007, at the Ateneo de Manila University, Gokongweia??s biography, a??J

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John Gokongwei, Jr. & Family Latest News

Gokongwei, PLDT exec join Meralco board

In a disclosure to the Philippine Stock Exchange on Tuesday, April 1, Meralco announced its board approved in a meeting on March 31 the nomination and election of JG Summit's John Gokongwei Jr. and PLDT president Napoleon Nazareno as new members.
Posted: April 1, 2014, 2:16 pm

Richest Filipino is also biggest philanthropist

Sy, 88, founding chairman of the SM group, is joined by perfume manufacturer Joel Cruz, tycoon John Gokongwei Jr. and renowned architect Felino “Jun” Palafox Jr. to represent the Philippines. “The selections are subjective,” Forbes staff member ...
Posted: May 30, 2013, 5:00 pm

A Filipino Don: How John Gokongwei Built One Of The Philippines' Biggest Conglomerates

Every Sunday afternoon John Gokongwei Jr.’s six adult children and sometimes all 12 grandchildren gather at the patriarch’s home in Pasig, a city in Metro Manila, for lunch and a session of tsismis (gossip). At some point after the meal he slips away ...
Posted: August 24, 2016, 2:49 pm
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