Lucio Tan & Family Net Worth is$4,500 $Million
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Ethnicity: Han Chinese
Birth Date: 1934/07/17
Birth Place: Amoy, Fujian, People's Republic of China
Residence: Philippines
Nationality: Filipino people
Alma Mater: Chiang Kai Shek College, Far Eastern University
Lucio Tan (simplified Chinese: e??ae?,ae 1/2 ; traditional Chinese: e??ae?,ae 1/2 ; pinyin: ChA(C)n YC?ngzA?i) is a Chinese Filipino businessman with interests in banking, airline, liquor, tobacco and real estate industries. Tan was born on July 17, 1934, in Amoy (now Xiamen), Fujian,People's Republic of China. His parents moved to the Philippines when he was a child. He is married with 6 children including the politician daughter Vivian Tan. He attended Chiang Kai Shek College for high school and studied chemical engineering at Far Eastern University in Manila. He actually quit before graduating to take a job in a tobacco factory. In 2011, the Forbes Magazine listed him as the second richest billionaire from the Philippines with a networth of $4.5 billion. In an effort to consolidate his business empire, Mr. Tan is set to establish LT Group, Inc., a holding firm for all his stakes in companies currently being operated or managed by Tanduay Distillers, Inc. chaired by son Micheal Tan.
He was a known ally of former President Ferdinand Marcos. Tan owns Asia Brewery, the second largest brewery in the Philippines, Tanduay Holdings, one of the world's largest rum makers, Fortune Tobacco, the largest tobacco company in the country - just some of the 300 companies that Tan controls.[citation needed] Though a non-smoker, he started a cigarette company called Fortune Tobacco in 1966. This venture, which was housed in a small hut in Marikina, proved to be the enterprise that would catapult Mr. Tan to success. From this flagship company emerged numerous successful ventures in agribusiness; banking, finance and securities; brewery; chemicals; distillery and alcohol; education; food; hotel; manufacturing; property development; steel fabrication and construction; and tourism and travel services.
In 1970, Tan brought to the country an advanced hog-raising facility from Taiwan and set up Foremost Farms in Tanay, Rizal. The farm now operates on a 146-hectare facility and has

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Lucio Tan & Family Latest News

1,000 top traders seen to join Duterte events in China

The private sector delegation from the Philippines will include business tycoons like Hans Sy (SM group), Lance Gokongwei (JG Summit), Lucio Tan (LT Group), Carlos Chan (Liwayway Group), Ramon Ang (San Miguel group), Andrew Tan (Megaworld/Alliance ...
Posted: October 18, 2016, 7:36 am

What Rodrigo Duterte is giving up

Among Yasay's prominent clients has been Lucio Tan, one of the country's richest men, who Duterte has said was one of the first to urge him to seek the presidency. While little-known outside Asia, billionaire Tan - who was born in China's Fujian province ...
Posted: October 18, 2016, 10:06 am

Big business group to join Duterte in China

Business tycoons Ramon S. Ang of the San Miguel group, Manuel V. Pangilinan of Metro Pacific and PLDT Inc., Lucio Tan and son Michael Tan of the Lucio Tan group, Hans Sy of the SM group, Carlos Chan of the Oishi group, Alfredo Yao of the Zest-O group and ...
Posted: October 12, 2016, 11:27 am
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