Construction magnate David Consunji, chairman emeritus of DMCI Holdings, has passed away at the age of 95, his son Isidro confirmed on Monday.
Consunji, a pioneering industrialist and an engineer, built DMCI from humble beginnings into one of the biggest corporations in the country, with interests in construction, real estate, mining and energy.
He took up civil engineering at the University of the Philippines.
During an apprenticeship with his cousin in the construction industry, David found his calling--construction.
After gathering experience, he put up his own contracting company in 1950.
Four years later his company became incorporated and became known as DM Consunji Inc.
The company started building chicken houses for the Bureau of Animal Industry before moving on to bigger things.
Its first major project was the parish of the Holy Sacrifice also known as the UP Diliman Chapel.
Aside from his work in the privater sector, Consunji also served as secretary of Public Works, Transportation and Communications in the 1970s during the time of then President Ferdinand Marcos.
After spending decades managing DMCI, Consunji retired in 2014 and gave the reins of the business to his son Isidro.
Consunji has consistently landed in the Forbes list of richest Filipinos, with his wealth estimated at $3.1 billion this year.
His wake will be held at the Sanctuario de San Antonio in Forbes Park starting September 5, Tuesday.
Consunji, a pioneering industrialist and an engineer, built DMCI from humble beginnings into one of the biggest corporations in the country, with interests in construction, real estate, mining and energy.
He took up civil engineering at the University of the Philippines.
During an apprenticeship with his cousin in the construction industry, David found his calling--construction.
After gathering experience, he put up his own contracting company in 1950.
Four years later his company became incorporated and became known as DM Consunji Inc.
The company started building chicken houses for the Bureau of Animal Industry before moving on to bigger things.
Its first major project was the parish of the Holy Sacrifice also known as the UP Diliman Chapel.
Aside from his work in the privater sector, Consunji also served as secretary of Public Works, Transportation and Communications in the 1970s during the time of then President Ferdinand Marcos.
After spending decades managing DMCI, Consunji retired in 2014 and gave the reins of the business to his son Isidro.
Consunji has consistently landed in the Forbes list of richest Filipinos, with his wealth estimated at $3.1 billion this year.
His wake will be held at the Sanctuario de San Antonio in Forbes Park starting September 5, Tuesday.
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