Gilberto Duavit Jr.

January 10, 2024
Businessman

Quick Facts

Gilberto Duavit Jr.
Full Name Gilberto Duavit Jr.
Occupation Businessman
Date Of Birth Oct 16, 1963(1963-10-16)
Age 61
Birthplace Manila
Country Philippines
Birth City Metro Manila
Horoscope Libra

Gilberto Duavit Jr. Biography

Name Gilberto Duavit Jr.
Birthday Oct 16
Birth Year 1963
Place Of Birth Manila
Home Town Metro Manila
Birth Country Philippines
Birth Sign Libra
Parents Gilberto Duavit Sr.
Children(s) 2

Gilberto Duavit Jr. is one of the most popular and richest Businessman who was born on October 16, 1963 in Manila, Metro Manila, Philippines.

Gilberto “Jimmy” Roy Duavit Jr. (born October 16, 1963) is a Filipino businessman, philanthropist, producer, and writer. He is the president and chief operating officer of GMA Network Inc., one of the largest media networks in the Philippines. Duavit inherited the position from his father, Gilberto “Bibit” Duavit Sr., who served as the founding chairman of the network. Duavit first became involved in the network in 1993 as a film producer for the network’s production company, GMA Pictures, which was then named Cinemax Studios and later GMA Films. He produced some of the company’s most successful films, including José Rizal (1998) and Muro-Ami (1999), which both won the Metro Manila Film Festival Award for Best Picture successively. After his promotion as the network’s vice president in 2000, Duavit became involved in the network’s television production, having created the shows Liwanag ng Hatinggabi (1999–2000), Ang Iibigin ay Ikaw (2002–03), and Hanggang Kailan (2004).

In 2007, the GMA Network announced it would offer its shares to the public from an initial public offering between ₱6.39 billion to ₱7.78 billion . On June 28, the Philippine Stock Exchange approved the network’s offering. On July 23, former Ilocos Norte representative Imee Marcos sent a letter to the Securities and Exchange Commission (SEC) contesting her claim of ownership to 28.35 percent of the network’s shares held by the Duavit family. The shares were entrusted to Duavit’s father, Gilberto Duavit Sr., by Marcos’ father, the late former President Ferdinand Marcos, to whom the senior Duavit served as Assistant Executive Secretary for Social, Political, Legal, and Economic Affairs (1966–1970), Acting Executive Secretary (1969), and Senior Deputy Minister of the Ministry of Youth and Sports Development under. The junior Duavit’s lawyer responded to Marcos’ claims, saying that Duavit acquired the shares “on his own.” Imee Marcos, citing a handwritten note given to her from the senior Duavit in 1983, stated that “Duavit did not own the shares but was merely the representative of a ‘silent partner.'” Thereafter, GMA counsel Atty. Gener Asuncion stated that the junior Duavit and his family “are the real and actual owners” and “have concrete proof of their ownership” of the network’s shares. According to an official statement by the network, its owner in 1986 (when it was then called the Republic Broadcasting System), Loreto Feliciano Stewart (the wife of its co-founder, Robert “Uncle Bob” Stewart), “sought to recover the shares of the Duavits and asked for an injunction to prevent the registration of the shares in their favor but was rejected by the court. Stewart then gave a notice of dismissal of her complaint and the court dismissed it on November 28, 1986.” Asuncion also stated that GMA Network would push through with its scheduled release of listed shares on July 30, following the SEC’s approval of the network’s registration statement and issuance of a “Securities for Sale” permit.

Gilberto Duavit Jr. Net Worth

Net Worth $191 million (2007)
Source Of Income Businessman
House Living in own house.

Gilberto Duavit Jr. is one of the richest Businessman from Philippines. According to our analysis, Wikipedia, Forbes & Business Insider, Gilberto Duavit Jr. 's net worth $191 million (2007). (Last Update: December 11, 2023)

Duavit was born on October 16, 1963 as the second eldest child of GMA Network chairman Gilberto Duavit Sr. (1934–2018) and Vilma Roy Duavit, the daughter of former Philippine Senator Jose Roy (1904–1986). His older sister, Judith Duavit Vasquez, previously served as a GMA board member. His youngest brother, Michael John Duavit, currently serves as a Member of the Philippine House of Representatives for Rizal’s 1st District, which he has served for five terms since 2001, a position that his father and second youngest brother, Joel Roy Duavit, also served; Duavit Sr. served as congressman from 1994 to 2001, while Joel served the position for two consecutive terms from 2010 to 2016. Duavit graduated from the University of the Philippines Diliman with a Bachelor of Arts degree in philosophy.

Height, Weight & Body Measurements

Gilberto Duavit Jr. height Not available right now. Gilles weight Not Known & body measurements will update soon.

Who is Gilberto Duavit Jr. Dating?

According to our records, Gilberto Duavit Jr. is possibily single & has not been previously engaged. As of December 1, 2023, Gilberto Duavit Jr.’s is not dating anyone.

Relationships Record : We have no records of past relationships for Gilberto Duavit Jr.. You may help us to build the dating records for Gilberto Duavit Jr.!

After the success of GMA Films in the late 1990s, Duavit ventured into television production at GMA Network. He conceptualized the horror drama series Liwanag ng Hatinggabi, which premiered on December 6, 1999. Duavit was inspired by the concept of magic realism, a style of fiction often associated with Latin American literature. The series was directed by Joel Lamangan and starred Lorna Tolentino, Angelika Dela Cruz, and Victor Neri in the lead roles. It ran for a total of 17 episodes until March 27, 2000.

Facts & Trivia

Gilles Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in Philippines. Gilberto Duavit Jr. celebrates birthday on October 16 of every year.

Under Duavit’s leadership as COO in the late 2000s, GMA began securing the media franchise of foreign shows in order for the network to adapt Philippine versions. In August 2007, GMA produced Celebrity Duets, which was the Philippine edition of the British reality singing contest Just the Two of Us, through a licensing agreement with FremantleMedia. GMA purchased the rights to the Idol franchise from FremantleMedia to produce Pinoy Idol, which premiered in September. The franchising rights were previously used by the Associated Broadcasting Company (now the TV5 Network) to produce Philippine Idol. The network also produced Philippine versions of telenovelas that year, most popularly Marimar starring Marian Rivera and Dingdong Dantes, which was based on the 1994 Mexican series of the same name. That year, the network also produced Philippine versions of Zaido: Pulis Pangkalawakan (based on the Japanese tokusatsu Space Sheriff Shaider) and the game shows Kakasa Ka Ba sa Grade 5? (based on the American game show Are You Smarter than a 5th Grader?) and Whammy! Push Your Luck (based on the American game show Second Chance).

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