How Rich Is New DA Chief?
Francisco Tiu Laurel net worth has been searched by many people on the web. If you want to know more about the new DA Chief’s earnings, read this article till the end.
Francisco Tiu Laurel Jr is a fishing tycoon who owns Frabelle Fishing Corporation. This company specializes in deep-sea fishing, providing fresh, frozen, and processed seafood products to customers both in their local market and around the world.
It has been said that Laurel Jr has been a member of Marcos’ Private Sector Advisory Council. Currently, he is making rounds on the internet sources after being appointed as the new DA Chief.
President Ferdinand Marcos Jr. is passing on the leadership of the Department of Agriculture (DA) to billionaire fishing expert Laurel Jr. after a two-year tenure as a Cabinet secretary.
Francisco Tiu Laurel Net Worth In 2023
Francisco Tiu Laurel net worth is among people’s search. However, the verified media sources have not given anything related to Francisco’s net income.
So, it remains unclear how much he earns. Meanwhile, some online portals have tagged Laurel Jr as the billionaire fishing expert.
Considering this fact, it can be said that Francisco’s net worth may be in the billions. The fishing tycoon has been engaged in this field for a long time.
Furthermore, Laurel Jr has helped the company extend its market in various places, including Asia, Europe, the Middle East, South Africa, and America.
His family established Frabelle as a small trawl fishing company in the Philippines. So, from his company, Francisco must be earning a good amount of money.
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Francisco Tiu Laurel Career Earnings Explored
Francisco Tiu Laurel Jr has been actively running his family business for a long time. As said earlier, Francisco’s parents, Frabelle, established Frabelle as a small trawl fishing company in the Philippines.
Frabelle has extended operations into the Western and Central Pacific regions, where a significant share of the world’s tuna can be found.
Besides heading the seafood company, Laurel Jr also serves as president of Agusan Power Corporation and is chairman of the World Tuna Purse Seine Organization.
Before he was appointed DA chief, Laurel Jr was already a member of the government’s Private Sector Advisory Council. For Laurel Jr, their family-run company is a testament to the possibility of the Philippines being a head in the fishing industry.
Francisco Tiu Laurel Endorsement And Achievements
Francisco Tiu Laurel has gained broad experience by working in his company for a long time. He is currently associated with Frabelle Fishing Corporation.
In a 2016 interview, Laurel Jr said that for five years, he spent an average of 45 days at sea onboard their fishing vessels. He also called it a learning experience.
Filipino President Ferdinand Marcos Jr announced the appointment of a new agriculture secretary, and he is none other than fishing tycoon Francisco Tiu Laurel Jr.
Marcos said that he found someone who has a fair understanding of what needs to be done. An online report has claimed that Laurel Jr was one of Marcos’ top donors in the 2022 elections.
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