{"id":6126,"date":"2020-02-05T01:37:40","date_gmt":"2020-02-04T14:37:40","guid":{"rendered":"https:\/\/www.philippinesentinel.org\/?p=6126"},"modified":"2020-02-05T01:37:40","modified_gmt":"2020-02-04T14:37:40","slug":"founder-of-cebu-pacific-air-expires-at-age-93","status":"publish","type":"post","link":"https:\/\/www.philippinesentinel.org\/?p=6126","title":{"rendered":"Founder of Cebu Pacific Air expires at age 93"},"content":{"rendered":"\n<p style=\"font-size:15px\"><strong>John Gokongwei Jr.<\/strong>, Filipino Chinese billionaire who successfully built several businesses across the Asia-Pacific region, including telecom and airline services in the Philippines, passed away surrounded by his family.<br><br>\u201cOur beloved husband, father and grandfather John Gokongwei, Jr. passed away peacefully 11:41 pm, November 9th at the Manila Doctor\u2019s Hospital surrounded by his loved ones,\u201d his son Lance said in a phone message to media.<br><br>Gokongwei was the third wealthiest man in the Philippines with a net worth estimated by Forbes magazine at $5.3 billion as of 2019.<br><br>He is survived by his wife Elizabeth, children Lance, Robina, Lisa, Faith, Hope and Marcia, and grandchildren.<br><br>Years before he died, the patriarch had passed on the management of JG Summit Holdings to son Lance. He devoted his remaining years to philanthropy through the Gokongwei Brothers Foundation.<br><br>Under the flagship of JG Summit, Universal Robina Corp. has become a regional player in food and beverage production and one of the country\u2019s leader in property development through Robina Land Corporation.<br><br>Cebu Pacific Air now has the largest fleet of aircrafts in the Philippines. It is also a pioneer in petrochemical business and a strategic investor in two of the country\u2019s utility crown jewels \u2014 Manila Electric Co. and Philippine Long Distance Telephone Co.<br><br>The group also has interests in banking through Robinsons Bank. Its Retail arm Robinsons Retail Holdings Inc., is managed by daughter Robina. \u03a9<\/p>\n","protected":false},"excerpt":{"rendered":"<p>John Gokongwei Jr., Filipino Chinese billionaire who successfully built several businesses across the Asia-Pacific region, including telecom and airline services in the Philippines, passed away surrounded by his family. \u201cOur beloved husband, father and grandfather John Gokongwei, Jr. passed away peacefully 11:41 pm, November 9th at the Manila Doctor\u2019s Hospital surrounded by his loved ones,\u201d [&hellip;]<\/p>\n","protected":false},"author":139,"featured_media":6127,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[13],"tags":[],"_links":{"self":[{"href":"https:\/\/www.philippinesentinel.org\/index.php?rest_route=\/wp\/v2\/posts\/6126"}],"collection":[{"href":"https:\/\/www.philippinesentinel.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.philippinesentinel.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.philippinesentinel.org\/index.php?rest_route=\/wp\/v2\/users\/139"}],"replies":[{"embeddable":true,"href":"https:\/\/www.philippinesentinel.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6126"}],"version-history":[{"count":1,"href":"https:\/\/www.philippinesentinel.org\/index.php?rest_route=\/wp\/v2\/posts\/6126\/revisions"}],"predecessor-version":[{"id":6128,"href":"https:\/\/www.philippinesentinel.org\/index.php?rest_route=\/wp\/v2\/posts\/6126\/revisions\/6128"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.philippinesentinel.org\/index.php?rest_route=\/wp\/v2\/media\/6127"}],"wp:attachment":[{"href":"https:\/\/www.philippinesentinel.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.philippinesentinel.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.philippinesentinel.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}