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News and Events

Lance Gokongwei is New CEO of JG Summit Holdings

Conglomerate also announced appointment of non-family member as new president of URC

Lance Gokongwei has been appointed as the new chief executive officer of JG Summit Holdings Inc., one of the country’s leading business conglomerates founded by his father, John Gokongwei Jr., the company disclosed on April 25.John Gokongwei Jr. is the country’s second ...

by Elyssa Christine Lopez  | April 27, 2018 02:00:00
News and Events

SM, Robinsons or Puregold: Who's the Biggest Supermarket Chain of Them All?

The answer depends on the year and whether you just look at single firms or the entire group

In August 2017, international grocery market analyst IGD projected that the Philippines will become the fifth largest grocery retail market in Asia by 2021, after China, India, Japan and Indonesia. With grocery retail sales already at Php4.5 trillion in 2016, IGD estimated ...

by Lorenzo Kyle Subido  | January 22, 2018 09:00:00
Startup Tips

Life Lessons From John Gokongwei, Jr., Management Man of the Year

Dream big. John Gokongwei, Jr. once sold soap at the public market

John Gokongwei, Jr. is a force to reckon with. At 91, he is still a top player in the Philippine economy, and has consistently retained a spot on Forbes' annual Billionaires List. This year he is number two with $5.5 billion.On Monday, November ...

by Kwyn Kenaz Aquino for TownandCountry.ph  | November 29, 2017 12:00:00
Run & Grow

From Php3.5-M Outlay in 1956 to Php665-B Market Cap Today: John Gokongwei Jr. Recounts Drivers of JG Group's Growth

Speech of JG Summit Holdings founder accepting the MAP's Management Man of the Year Award

  The Management Association of the Philippines (MAP) presented its Management Man of the Year Award to John Gokongwei Jr., founder of JG Summit Holdings Inc., and one of the country’s leading businessmen and industrialists, in awarding ceremonies on November 27, 2017 at ...

by John Gokongwei Jr.  | November 27, 2017 03:00:00
News and Events

How Would PH Billionaires Fare if They Were Part of Forbes’ 400 List of Richest People in America?

Henry Sy Sr. would land on the 25th spot while John Gokongwei Jr. would be 97th in the US rankings

Forbes magazine released the 2017 Forbes 400 list of the wealthiest people in America in October. Bill Gates led the 36th edition of the annual list with a net worth of $89 billion, followed by Jeff Bezos with $81.5 billion.The minimum net ...

by Pauline Macaraeg  | November 27, 2017 01:00:00
News and Events

John Gokongwei Jr is MAP’s Management Man of the Year for 2017

Association cites his ”?"outstanding achievements attained from humble beginnings"

The Management Association of the Philippines (MAP) named JG Summit Holdings Founder and Chairman Emeritus John Gokongwei Jr. as this year’s Management Man of the Year.The Philippines' second richest man according to Forbes magazine, who has a net worth of $5.8 billion, is MAP’s ...

by Pauline Macaraeg  | October 24, 2017 06:00:00
News and Events

John Gokongwei Jr., Dennis Uy, Teodoro Ferrer Lead PH Winners in ASEAN Business Awards

Eight Filipino businessmen and women were recognized in the annual awarding of the region’s best enterprises

Eight Filipino businessmen were among the 24 awardees of the 10th ASEAN Business Awards (ABA), an annual recognition of excellent businesses within the region. The awarding ceremony was held last September 6 at the Solaire Resort and Casino in Pasay city.President Rodrigo ...

by Lorenzo Kyle Subido  | September 07, 2017 10:00:00
News and Events

John Gokongwei Jr. leads 2017 Legacy Awardees of ASEAN Business Awards

8 other tycoons to be honored in the annual prize sponsored by the ASEAN Business Advisory Council

John Gokongwei Jr. is the recipient of the ASEAN Business Awards from the PhilippinesNine renowned business leaders from ASEAN member states will be recognized at the 10th ASEAN Business Awards (ABA) for their enterprises’ contributions to the region on September 6 at ...

by Elyssa Christine Lopez  | August 30, 2017 02:00:00
Startup Tips

Dad and Me: Children of Leading PH Tycoons Recall Lessons from Their Fathers

Apart from building business empires, these moguls also served as inspiring teachers to their children

Many of the Philippines’ largest business conglomerates today were founded after World War II by pioneering entrepreneurs who foresaw the vast potential ahead as the country emerged from colonial rule and war.Currently serving as strong pillars of the economy, these enterprises, which ...

by Elyssa Christine Lopez and Lorenzo Kyle Subido  | June 18, 2017 10:00:00
News and Events

Who's the Biggest Gainer, Loser Among PH Billionaires?

5 Filipinos in Forbes' 2017 billionaires list saw their net worth go up while 5 suffered declines

Despite faster economic growth last year, some of the extremely wealthy 14 Filipinos who made it to the Forbes 2017 Global Billionaires List saw the value of their fortunes decline in the year to March 2017.Of the 10 who returned from last ...

by Lorenzo Kyle Subido  | March 21, 2017 11:00:00
News and Events

14 Filipinos Make it to 2017 Forbes Billionaires List; Sy and Gokongwei Still On Top

New names include Ramon Ang, Eduardo Cojuangco Jr., Roberto Ongpin and Edgar "Injap" Sia II

Led by Henry Sy Sr., John Gokongwei Jr. and Lucio Tan, a record number of Filipinos  -- 14 in all -- made it to the 2017 Forbes World's Billionaires List, according to a new ranking released by the US business magazine Monday ...

by Lorenzo Kyle Subido  | March 21, 2017 12:00:00
News and Events

Henry Sy leads the top 10 richest in the country

The big boss behind the country’s biggest mall chain still dominates the Forbes Philippines list

SM Investments’ Henry Sy remains as the country’s richest billionaire, a title he has held for nine consecutive years, according to the latest Forbes Philippines Rich List published on Thursday, August 25.The 91-year-old tycoon leads the country’s richest—who are all familiar names ...

by Elyssa Christine Lopez  | August 26, 2016 07:00:00
Startup Tips

6 unlikely characteristics common among billionaires

Did you know that among the world’s top billionaires, 12.5% are Aquarius?

What do the wealthiest people on this planet have in common? A great business sense? Luck? A strong work ethic?The likely answer is a combination of all of these and much more.However, when we look at the characteristics of successful entrepreneurs and investors, we tend ...

by Anders Nilsson  | May 07, 2016 05:00:00
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