Andrew Gotianun | |
---|---|
Born |
Republic of China |
November 24, 1927
Died | March 10, 2016 | (aged 88)
Nationality | Filipino |
Occupation | businessman |
Net worth | US$900 million (2015) |
Title | Filinvest Group of Companies Founder and Chairman Emeritus |
Spouse(s) | Mercedes Gotianun |
Children | 4 |
Andrew Lo Gotianun, Sr. (Chinese: 吳天恩; Pe̍h-ōe-jī: Gô͘ Thian-un) (November 24, 1927 – March 10, 2016) was a Chinese Filipino entrepreneur from the Philippines who had a net worth of US$900 million in 2015. He ran the Filinvest Development Corporation which owns most of the Filinvest Land and the EastWest Unibank. Gotianun also focuses on biofuels and has acquired two sugar mills and a plantation. As of 2008, his fortune has decreased sharply to $235 Million, a result of the global financial downturn but in 2014 his back to the billionaire ranks with a fortune over $1 billion according to Forbes.
Gotianun made a living from salvaging ships at the end of the Second World War. Several years later, he became involved in an automobile dealership. Later still, in 1955, he founded Filinvest Development Corporation a company which became engaged in real estate in 1967. Gotaniun and his wife, Mercedes, temporarily retired from business activities in the 1980s but returned a short time later, with a plan to make improvements to the corporation. He is among those honored at the BizNewAsia Real Estate Who is Who (BREW) awards.
Gotianun and fellow businessman John Gokongwei are distant cousins and members of the notable Go clan in Cebu. Gotianun's grandfather was a half brother of Gokongwei's great-grandfather. His son, Andrew Gotianun Jr., is the vice-president of Filinvest Land.