Lucio Tan, in full Tan Eng Tsai, (born July 17, 1933, Amoy, Fujian province, China), Chinese-born Filipino entrepreneur who headed such companies as Fortune Tobacco Corp., Asia Brewery, Inc., and Philippine Airlines, Inc. … When his Fortune Tobacco Corp.
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How rich is Lucio Tan?
(PAL). In 1995 he became chairman of the airline. As the owner of PAL and head of Fortune Tobacco Corp. (which by 1996 commanded nearly 75 percent of the Philippine market), and with an estimated net worth between $1 billion and $8 billion, Tan was considered the richest man in the Philippines.
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Who is the wife of Lucio Tan?
What made Mister Lucio Tan successful?
He studied Chemistry at Far Eastern University (FEU), but quit before graduating to build his scrap business and then eventually moved to a tobacco factory for a job. Through this experience, in 1966, Tan started his own tobacco company which became successful, and it introduced its own brand called ‘Hope’ in 1975.