Four
Filipinos have made it to the latest Forbes Asia "48 Heroes of
Philanthropy" list in the Asia Pacific Region. The four, named in the June
issue of Forbes Asia are John L. Gokongwei Jr., Henry Sy Sr., Joel S. Cruz, and
Felino "Jun" A. Palafox Jr.
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| Filipino-Chinese business tycoon Henry Sy Sr. Source: http://ph.news.yahoo.com/4-filipinos-forbes-philanthropy-list-174430818.html |
John
L. Gokongwei Jr. 85, chairs one of the country's most well-endowed foundations,
the Gokongwei Brothers Foundation, launched in 1992 with his 3 brothers. He
gave it half his JG Summit shares in 2006, a donation now worth more than $1
billion after a 4-year bull run on the stock. The foundation is the
conglomerate's largest shareholder, with a 29.4% stake worth $2.3 billion.