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Article: Bidding for recognition; Face value.(Face value: John Gokongwei, Asian tycoon)(Brief Article)
- Article from:
- The Economist (US)
- Article date:
- August 3, 2002
CopyrightCOPYRIGHT 2002 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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John Gokongwei comes out of retirement for the battle of his life
OFFICIALLY, John Gokongwei retired last year on his 75th birthday, handing over the reins at JG Summit, his sprawling business empire in the Philippines, to his son Lance. Mr Gokongwei claimed that he planned to spend his time travelling and reading biographies of Genghis Khan, Napoleon, Lee Kuan Yew and other great figures whom he admires. Yet it turns out that Mr Gokongwei had retired in the way that ethnic Chinese patriarchs (including Mr Lee) tend to: ie, in reality, not at all. This June, Mr Gokongwei jumped back into the headlines with the biggest and most controversial idea of his entire ...
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Article: Gokongwei turns empire over to children, brothers; Donates ...
Manila Bulletin;
August 14, 2006 ;
700+ words
... ... building his business empire, John Gokongwei, Jr., founder and chairman emeritus ... shareholdings in JG Summit Holdings to the Gokongwei Brothers Foundation. He also announced ... the 30,000 employees of the Gokongwei group and especially his family ...
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