Tony Tan Caktiong Net Worth

Posted by Zora Stowers on Monday, May 20, 2024

Age, Biography and Wiki

Birth DayJanuary 05, 1953
Birth PlaceManila, Philippines, Philippines
Tony Tan Caktiong age70 YEARS OLD
Birth SignAquarius
Native name陳覺中
ResidenceManila, Philippines
CitizenshipFilipino
EducationChiang Kai Shek College
Alma materUniversity of Santo Tomas
OccupationBusinessman
Known forFounder and chairman of Jollibee, co-chairman of DoubleDragon Properties
Spouse(s)Grace A. Tan Caktiong
Children3

💰 Net worth: $1.2 Billion (2024)

Tony Tan Caktiong, a renowned figure in the fashion and retail industry in the Philippines, is projected to possess a staggering net worth of approximately $1.2 billion by 2024. As a prominent entrepreneur, Tony Tan Caktiong has not only revolutionized the retail landscape but also etched his name as a successful businessman. With his astute business acumen and strategic vision, he has established a prominent presence in the fashion industry, capturing the hearts of many Filipino consumers. As the founder and chairman of a widely recognized retail brand, Tony Tan Caktiong's net worth continues to soar, solidifying his position as one of the wealthiest individuals in the country's business sphere.

2013 $1.4 Billion 2014 $1.7 Billion 2015 $2.7 Billion 2016 $3 Billion 2017 $3.4 Billion 2018 $4.04 Billion

Some Tony Tan Caktiong images

Tony Tan Caktiong Tony Tan Caktiong Tony Tan Caktiong Tony Tan Caktiong Tony Tan Caktiong

Biography/Timeline

1978

Tan founded the fast food chain Jollibee in 1978, after having started it as an ice cream parlor in 1975. Through expansion and acquisitions of Greenwich Pizza Corp. which enabled it to enter the pizza-pasta segment. In early 2006, Jollibee Foods Corporation bought out the remaining shares of its partners in Greenwich Pizza Corporation, equivalent to a 20% stake, for P384 million in cash. As of August 2008, Tan's Jollibee has a total of 1,480 stores worldwide including Jollibee, Red Ribbon, Chowking, Greenwich, Manong Pepe's and Mang Inasal.

2012

In 2012, Tan, through his holding company, Honeystar Holdings Corporation, invested in Injap Land Corporation, a property company founded by Edgar Sia II. With Tan's entry, the company was renamed DoubleDragon Properties Corporation.

2015

As of November 2015, Forbes estimated his net worth at US$4.1 billion.

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Jollibee Foods Corporation Fast-food chain founders Filipino billionaires Filipino chief executives Filipino people of Chinese descent Living people University of Santo Tomas alumni Filipino company founders 1953 births Filipino people stubs Asian business biography stubs

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