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 foundation highlights role of education in PHL’s industrialization

In Photo: GBF Founder and Chairman John L. Gokongwei Jr. says the foundation will remain committed to improving education in the Philippines in the years to come. Gokongwei Brothers Foundation (GBF) is celebrating its 25th anniversary with a firm ...
Posted: December 16, 2017, 4:14 am

Henry Sy Sr. Still Richest Filipino

Featured in the cover story of Forbes Asia, John Gokongwei Jr. retained his No. 2 spot on the list with a net worth of $6.8 billion, up from $5.5 billion last year. Forbes said that over the years, the founder of JG Summit has built his business into ...
Posted: August 25, 2017, 5:00 pm

Tom tells public 5 thousand jobs lost in failed P18B SRP project

Their reasons range from ‘there are better deals to be made’ to ‘John Gokongwei is not qualified’,” reads ... The mayor further criticized his nephew, Councilor Renato “Junjun” Osmeña, Jr., who chaired the City Council’s ad hoc committee ...
Posted: May 12, 2018, 9:37 pm
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