Timeline of John Gokongwei Jr.

Published November 10, 2019, 12:00 AM

by manilabulletin_admin

By James Loyola

Business tycoon John Gokongwei Jr. passed away Saturday evening, he was 93.  Here’s a brief of a life of one of the Philippines’ original taipans who built a giant conglomerate from scratch.

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.
 John L. Gokongwei, Jr. (MANILA BULLETIN FILE PHOTO)

August 11, 1926– John Gokongwei Jr. was born in Fujian Province, China

-moved to Cebu with his family at an early age
1942– dropped out of school, sold dry goods in market stall
1943– became a trader travelling between Cebu and Manila
1945 – started Amasia Trading, importer of US products
1957– set up Universal Corn Products
1963– formed Consolidated Foods Corporation to produce branded consumer foods
1961-enrolled in De La Salle University for his MBA
1963– established the Universal Robina Corporation which produced salty snacks under Jack n’ Jill brand
1987 – organized the Digital Telecommunications Inc.
1990 – organized the JG Summit Holdings Inc.
1993– JG Summit went public, listed at Philippine Stock Exchange
1996 – entered the aviation industry with Cebu Pacific Air
2003 – Digitel launched Sun Cellular
2006 – Put up Gokongwei Brothers Foundation

Read more: John Gokongwei Jr. passes away at 93

 
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