Andrew Gotianun

$1.00 B

Ranked #1565 in World

About Andrew Gotianun

Andrew Lo Gotianun Sr., a prominent Filipino businessman and investor, renowned for his leadership of the Filinvest Development Corporation, a leading conglomerate in the Philippines, has made significant strides in the biofuels sector by acquiring two sugar mills and a plantation. Despite experiencing a dip in fortune to $235 million in 2008 due to the global financial crisis, Gotianun's wealth rebounded to over $1 billion by 2014. Starting his career by salvaging ships post-World War II and venturing into automobile dealerships, he founded Filinvest Development Corporation in 1955, steering it towards real estate in 1967. After a brief retirement in the 1980s, Gotianun returned to enhance the corporation's operations, earning recognition at the BizNewAsia Real Estate Who is Who (BREW) awards. On a personal note, he shares familial ties with Filipino magnate John Gokongwei, Jr., and is related to the Gaisano family, marking a legacy enriched with business acumen and familial connections within the Filipino business community. His son, Andrew Gotianun Jr., has played a pivotal role as vice-president of Filinvest Land, continuing the family's influential presence in the industry.

Born

November 24, 1927 in Republic of China

Died

March 10, 2016 (aged 88)

Source Of Wealth

Real Estate

Industries

Diversified

Citizenship

Philippines

Spouse

Mercedes Gotianun

Children

Andrew Lo Gotianun Sr. was a prominent Filipino businessman and investor. He was born in 1921 in the Philippines and came from a humble background. Despite the challenges he faced, Gotianun displayed a strong entrepreneurial spirit from a young age.

Andrew Gotianun: Family

Gotianun was related to several notable Filipino families. He was second cousins once removed with fellow Filipino magnate, John Gokongwei, Jr. Additionally, he was related to the Gaisano family through Doña Modesta Singson. His grandfather was a half brother of Gokongwei's great-grandfather.

Andrew Gotianun: Career Highlights

Gotianun's business career was marked by several significant achievements. He initially made a living from salvaging ships after World War II. Later, he became involved in an automobile dealership. In 1955, he founded Filinvest Development Corporation, which initially focused on various business ventures before becoming engaged in real estate in 1967.

Gotianun temporarily retired from business activities in the 1980s but returned to make significant improvements to the corporation. Under his leadership, Filinvest Development Corporation grew into a major Filipino conglomerate with diverse interests in real estate, banking, sugar, and other industries.

Andrew Gotianun: Companies

Gotianun's business empire included several notable companies. Filinvest Development Corporation, which he founded, became a major player in the Philippine real estate industry. Additionally, he acquired two sugar mills and a plantation, focusing on biofuels.

Andrew Gotianun: Major Achievements

Gotianun's major achievements include building Filinvest Development Corporation into a successful conglomerate. He also played a significant role in the development of the Philippine real estate industry. In recognition of his contributions, he was honored at the BizNewAsia Real Estate Who is Who (BREW) awards.

Andrew Gotianun: Awards & Achievements

Gotianun received numerous awards and recognitions throughout his career. He was honored at the BizNewAsia Real Estate Who is Who (BREW) awards for his contributions to the real estate industry. Additionally, he was recognized for his business acumen and leadership.

Andrew Gotianun: Personal Life & Legacy

Gotianun's personal life was marked by his close family ties.

His son, Andrew Gotianun Jr., followed in his footsteps and became the vice-president of Filinvest Land. Gotianun's legacy is one of entrepreneurship, innovation, and dedication to business excellence.

Andrew Gotianun: Trivia

Despite facing financial setbacks during the global financial downturn in 2008, Gotianun's fortune rebounded, climbing back to over $1 billion in 2014.

Wealth History

Timeline

Andrew Lo Gotianun Sr. was born.

Andrew Lo Gotianun Sr. made a living from salvaging ships after World War II.

Andrew Lo Gotianun Sr. became involved in an automobile dealership.

1955

Andrew Lo Gotianun Sr. founded Filinvest Development Corporation.

1967

Filinvest Development Corporation became engaged in real estate.

Andrew Lo Gotianun Sr. temporarily retired from business activities.

Andrew Lo Gotianun Sr. returned to business and made improvements to Filinvest Development Corporation.

Andrew Lo Gotianun Sr. was honored at the BizNewAsia Real Estate Who is Who (BREW) awards.

Andrew Lo Gotianun Sr. focused on biofuels and acquired two sugar mills and a plantation.

2008

Andrew Lo Gotianun Sr.'s fortune decreased to $235 million due to the global financial downturn.

2014

Andrew Lo Gotianun Sr.'s fortune climbed back to over $1 billion.

Andrew Gotianun : FAQs

What is Andrew Gotianun's net worth?

As of 2014, Andrew Gotianun's net worth was $1.00 billion.

What are Andrew Gotianun's main sources of wealth?

Andrew Gotianun's main source of income comes from Real Estate.

In which industry does Andrew Gotianun primarily operate?

Andrew Gotianun is primarily involved in the Diversified industry.

Is Andrew Gotianun dead?

Yes, Andrew Gotianun died on March 10, 2016 (aged 88).

How many children does Andrew Gotianun have?

Andrew Gotianun has 4 children.

Who is Andrew Lo Gotianun Sr. and what is he best known for?

Andrew Lo Gotianun Sr. was a prominent Filipino businessman and investor, best known for running Filinvest Development Corporation, a major conglomerate in the Philippines.

How did Andrew Lo Gotianun Sr. respond to the global financial downturn in 2008?

Andrew Lo Gotianun Sr.'s fortune decreased to $235 million in 2008 due to the global financial downturn, but he managed to climb back to over $1 billion by 2014.

What were the early business ventures of Andrew Lo Gotianun Sr.?

Andrew Lo Gotianun Sr. made a living from salvaging ships after World War II and later became involved in an automobile dealership before founding Filinvest Development Corporation in 1955.

How is Andrew Lo Gotianun Sr. connected to other Filipino magnates?

Andrew Lo Gotianun Sr. was second cousins once removed with John Gokongwei, Jr., and related to the Gaisano family through Doña Modesta Singson, highlighting significant connections within Filipino business circles.

What significant achievement did Andrew Lo Gotianun Sr. receive in his career?

Andrew Lo Gotianun Sr. was honored at the BizNewAsia Real Estate Who is Who (BREW) awards, recognizing his contributions and achievements in the real estate industry.