John Gokongwei Net Worth is
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John L. Gokongwei, Jr. (traditional Chinese: ??????? 1/4 ?; simplified Chinese: ??????? 3/4 ?; pinyin: W?? Y??hu?<<; Pe??h-??e-j?<<: G???? E??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 $4.2 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 attempted a $1 billion takeover of UIC, a property giant from Singapore of which he owned in excess of 30%. UIC 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.
John Gokongwei was born into a wealthy Cebu-based family, originally from China's Fujian province. The family fortune was lost when his affluent father died. John was 13 years old at this time. He initially supported his family by peddling items along the streets of Cebu from his bicycle. From the age of 17 to 19, he traded using a wooden boat, taking items to Lucena by sea, and thence to Manila by truck. After the Second World War, he started his own company called Amasia, which imported textile remnants, fruit, old newspapers, magazines, and used clothing from the US

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John Gokongwei Latest News

Now Ravena and Go face another finals—in the classroom

He has no superstar complex,” he says. Isaac Go, another campus hero, has a major in Management of Applied Chemistry, one of the more challenging courses at the John Gokongwei School of Management. Since the championship, Go has taken to Twitter to ask ...
Posted: December 8, 2017, 9:25 pm

Why family businesses are stronger and better

Today, I adopt as my column John Gokongwei’s acceptance speech after receiving the Management Man of the Year 2017 award from the Management Association of the Philippines last Nov. 27, 2017. Here is John: I’d like to thank you for this recognition ...
Posted: December 12, 2017, 8:01 am

Philippines retail billionaire shifts focus to e-commerce as Alibaba roars into SE Asia

MANILA (BLOOMBERG) - Mr John Gokongwei oversees an empire spanning airlines, malls and property. Now the billionaire's family is preparing to drive into online shopping as well. Robinsons Retail Holdings, one of three giants that dominate retail in the ...
Posted: September 26, 2017, 7:08 pm
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