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John Gokongwei, Chinese-Filipino founder of JG Summit, dies at 93

Demise of tycoon highlights generational shift in pan-Asian business

Lance Gokongwei, left, president and CEO of Cebu Pacific Air, walks with his father, John, on the tarmac at Ninoy Aquino International airport in Manila in September 2013.   © Reuters

MANILA -- John Gokongwei Jr., the Filipino businessman who built an empire centered on consumer products, with operations spanning Southeast Asia, China, Australia and New Zealand, died late Saturday at the age of 93.

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