Tony Tan Caktiong (simplified Chinese: ???; traditional Chinese: ???; pinyin: Chén Juézh?ng; Pe?h-?e-j?: Tân Kak-tiong; born January 5, 1953) is a Filipino entrepreneur. He is the founder and chairman of Jollibee Foods Corporation and the co-chairman of DoubleDragon Properties.
Video Tony Tan Caktiong
Early career and education
Tan was born to Chinese immigrant parents from Fujian. He attended high school at Chiang Kai Shek College and graduated from the University of Santo Tomas with a degree in chemical engineering. Tan had initially planned an ice cream parlor when he founded Jollibee, then added dishes such as hamburgers, french fries, and fried chicken.
Maps Tony Tan Caktiong
Career
Jollibee Foods Corporation
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.
As of November 2015, Forbes estimated his net worth at US$4.1 billion.
DoubleDragon Properties
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.
Awards
- Entrepreneur Of The Year Philippines, 2004
- Ernst and Young Entrepreneur of the Year World, 2004
References
Source of the article : Wikipedia
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