Lucio Tan net worth
Lucio Tan Net Worth: Lucio Tan is a Filipino-Chinese businessman who has a net worth of $5.8 billion. Lucio Tan is one of the richest people in the Philippines. Mr. Tan holds interests in approximately 300 companies operating in various industries including banking, aviation, alcohol, tobacco and real estate. Among the best-known companies are Asia Brewery, the Philippines’ second-largest brewer, Tanduay Holdings, one of the world’s largest rum makers, and Fortune Tobacco, the country’s largest tobacco company.
Although he doesn’t smoke, Lucio started a cigarette company called Fortune Tobacco in 1966. The business, which started out in a small shack in Marikina, turned out to be a real success. From this flagship company has sprung up many successful businesses that will bring great wealth to Mr. Tan. No one thought that the young chemical engineering student who mopped the floor for school would become so rich in his country. He actually quit before graduating in order to work at a tobacco factory, where he probably had the idea to create his own business Fortune Tobacco. Married with six children, Lucio Tan now spends his free time with his family or helicopter.
