1. John Gokongwei's father was a scion of a wealthy Cebu-based family with ancestral ties to China's Minnanese Fujian province, around the urban center Xiamen.
17 Facts About John Gokongwei
1. 2.
At one year old, John Gokongwei was brought to Cebu to join the rest of his family and grew up entirely in Forbes Park, Cebu City.
3.
John Gokongwei attended the basic education department of University of San Carlos for primary school and high school under a scholarship.
4.
John Gokongwei was 13 years old when World War II just broke out.
5.
John Gokongwei did not attend college, but was always passionate about reading.
6.
John Gokongwei later took a special dispensation to attend De La Salle University to obtain an MBA needed for business.
7.
In 1977, John Gokongwei earned his Master of Business Administration from DLSU at the age of 51, without fear of learning late, even after his financial success.
8.
In November 1990, John Gokongwei incorporated JG Summit Holdings was floated as a publicly listed holding company on the Manila Stock Exchange.
9.
John Gokongwei owned Robinsons Retail Holdings, Inc and Robinsons Land Corporation.
10.
John Gokongwei stated that entrepreneurship is a way out of poverty.
11.
Khanser's book enumerated the Nine Rules of business success that John Gokongwei followed since he was still a young businessman.
12.
In 2002 John Gokongwei donated P200-million to the undergraduate school of management.
13.
John Gokongwei was a second cousin once removed of Andrew Gotianun Sr.
14.
John Gokongwei's mother was the half sister of Coseteng's maternal grandfather.
15.
John Gokongwei retired in 2016 to pass on the baton of the conglomerate to Lance and Robina.
16.
John Gokongwei passed away peacefully at Manila Doctors Hospital on 9 November 2019,11:41 pm, at the age of 93.
17.
Exactly one week after his passing, his widow Elizabeth Yu John Gokongwei died at the age of 85.