Andrew Gotianun, Filipino real estate and financial sector executive, Died at 88


Andrew L. Gotianun, Sr. died on March 10, 2016.

He was a Chinese-Filipino entrepreneur from the Philippines.

He had a net worth of US$900 million in 2015.

He ran the Filinvest Development Corporation.

Andrew also focuses on biofuels and has acquired two sugar mills and a plantation.

Andrew Gotianun wealth has decreased sharply to $235 Million in 2008 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

He had made a living from salvaging ships at the end of the Second World War.

Many years later, Andrew became involved in an automobile dealership.

However, during 1955, he founded Filinvest Development Corporation a company which became engaged in real estate in 1967.

Mercedes, who was his wife, and himself temporarily retired from business activities in the 1980s but returned a short time later, with a plan to make improvements to the corporation.

Andrew Gotianun he was among those honored at the BizNewAsia Real Estate Who is Who (BREW) awards.

Andrew Gotianun passed away at 88 yrs old.