Lucio Tan
Lucio Tan, 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 and under his helm are his children of whom some maybe poised to follow in his footsteps. Michael Tan currently working with Asia Brewery Inc. after being replaced by Lucio Tan Jr. who now heads the Eton Properties Inc. Timmy Tan, the self-made entrepreneur with SK Technolube Corp and La Isla Publishing Corp ranking progressively at the country's top 2013 corporations and Vivian Tan who dwells in education and low level politics.
In 2013, the Forbes Magazine listed him as the second richest billionaire from the Philippines with a net worth of $7.5 billion. In an effort to consolidate his business empire, he established the LTG (Lucio Tan Group) as a vast holdings entity for all his stakes in the varied companies that the empire operates. Part of this undertaking could also serve as a testimony of legitimacy. The move should resolve if not appease the growing market perception that to date there is still no clear indication of who shall rise to succeed and secure his business empire's continuity and to stamp honor to his hard work and successful business legacy.
He is married and under his helm are his children of whom some maybe poised to follow in his footsteps. Michael Tan currently working with Asia Brewery Inc. after being replaced by Lucio Tan Jr. who now heads the Eton Properties Inc. Timmy Tan, the self-made entrepreneur with SK Technolube Corp and La Isla Publishing Corp ranking progressively at the country's top 2013 corporations and Vivian Tan who dwells in education and low level politics.
In 2013, the Forbes Magazine listed him as the second richest billionaire from the Philippines with a net worth of $7.5 billion. In an effort to consolidate his business empire, he established the LTG (Lucio Tan Group) as a vast holdings entity for all his stakes in the varied companies that the empire operates. Part of this undertaking could also serve as a testimony of legitimacy. The move should resolve if not appease the growing market perception that to date there is still no clear indication of who shall rise to succeed and secure his business empire's continuity and to stamp honor to his hard work and successful business legacy.