The late billionaire John Gokongwei, Jr. always acknowledged that the Philippines has been good to him and his family because of his various successes as an entrepreneur, having built JG Summit, one of the biggest business conglomerates in the country. Interestingly, Gokongwei, fondly called Mr.
The late billionaire John Gokongwei, Jr. always acknowledged that the Philippines has been good to him and his family because of his various successes as an entrepreneur, having built JG Summit, one of the biggest business conglomerates in the country.
“I’m thrifty on my own, but I gave P500 million to schools during the last seven years. I didn’t spend that. I could have spent that on my own pleasure. Instead, I gave it back to the community. I eat what I want. I travel where I want but if they say I’m kuripot. I have given P500 million,” said John in the documentary “A Boy, A Bicycle, and A Legacy” shown recently to celebrate GBF’s 30th anniversary at the Bridgetown Destination Estate. The film was directed by Troy Bernardo.
Through its various programs, the GBF has reached over 50,000 teachers, which would have a huge positive impact on more than 1.5 million learners all over the country. The GBF started its mission with scholarship programs, institutional endowments, and building a technical center to provide access to quality education for marginalized youth.
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