Mercedes Gotianun death cause


In recent news, Mercedes Gotianun, Filinvest co-founder has passed away. According to reports, she took her last breath on Sunday, December 11, 2022. At the time of her passing, Mercedes was surrounded by her loved ones and well-wishers. It is no doubt to say that her sudden passing has shattered many hearts. Taking to social media, netizens are expressing their sadness and extending heartfelt condolences to her family and close ones. Here, in this article, let us check what happened to her and how did she die along with finding out about her personal life.

Mercedes Gotianun death cause

Releasing a statement on Monday, December 12, Filinvest said the matriarch was surrounded by her loved ones. They added that she died on Sunday and left all her loved ones in profound grief and sadness. Following the announcement of the news, people are coming forward and mourning her death. As per sources, Mercedes, or Chita, was the wife of the late Andrew Gotanum Sr. He died in 2016 and was the founder of Filinvest Development Corporation. The couple started a business that focused on small-scale financing and secondhand cars back in 1955.

Mercedes Gotianun Wiki Biography

According to Forbes, the estimated net worth of the Gotianum family is approximately $1.09 billion. Talking about the duo, the company said that Andrew and Chita’s harmonious synergy created a fruitful conglomerate now known as Filinvest Development Corporation. With their hard work and passion, the company happens to be among the country’s major conglomerates with interest in Filinvest Land and Filinvest Alabang for land development, EastWest Bank for universal banking, and Davao and North Cotabato Sugar Central. Adding further, the company said that hotels under the Crimson and Quest brands and power generation under Filinvest Utilities and infrastructure in the Clark International Airport, among other new ventures.

Speaking of Chita, she was the first woman president of a Philippine universal bank. She was also the co-founder of Family Bank and Trust Co. in the 70s and 80s. The woman even led the bank which was later turned into BPI Family Savings Bank and eventually merged with the Bank of the Philippine Islands. From the College of the Holy Spirit, Chita was a valedictorian in both elementary and high school. It is coming forward that she is survived by her siblings, Eduardo, Zenaida, Domingo, and Blesilda along with other family members. Her death has become a cause of sadness among many. Social Telecast comes forward and pays her heartfelt tributes.