Wednesday, February 1, 2012

No.3 John Gokongwei Jr.

John Gokongwei Jr.

                                                       2010 Rank: #3 (unchanged)
                                                       Net worth: $2.4 billion
                                                       Age: 83
                                                       Marital Status: Married
                                                       Children: 6


     John L. Gokongwei, Jr. born August 11, 1926 in Gulangyu, Xiamen, Fujian Province, China. He is a Chinese Filipino businessman with holdings in telecommunications, financial services, petrochemicals, power generation, aviation and live stock farming. As of 2011, Gokongwei is the third richest entrepreneur in the Philippines with a networth of $2.4 billion, ranking behind only to Lucio Tan and Henry Sy.
    
      In third spot is first-time billionaire John Gokongwei Jr. whose net worth of $1.5billion in the 2010 survey more than doubled over his 2009 net worth of $720 million. The 83-year-old Gokongwei holds interests in telecommunications, financial services, banking, petrochemicals, power, and hog farming,  real estate, hotels, airlines. Group’s budget carrier Cebu Air listed last October, raising $623 million. Brother James Go chairs JG Summit, son Lance is president.

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