Name
Lucio Tan
Lucio Tan
Manila, Philippines
Bachelor of Arts/Science, Far Eastern University
Philippines
diversified, Self Made
$3,700,000,000
436
#436 Billionaires 2019
#7 Philippines 50 Richest 2018
Lucio Tan is the founder and chairman of the $1.1 billion sales LT Group, which has interests in tobacco, spirits, banking and property development. Tan started as a chemical engineer at Far East University, where he mopped floors to put himself through college.In 1982, Tan established Asia Brewery. Now a subsidiary of LT Group, the brewery was the only one then to compete with the market leader San Miguel.In April 2017 President Duterte accused Tan of owing the Philippine government nearly $600 million in taxes.
Lucio Tan enjoys flying helicopters.
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