Lucio Tan

Lucio Tan (simplified Chinese: 陈永栽; traditional Chinese: 陳永栽; pinyin: Chén Yǒngzāi) is a Chinese Filipino businessman with interests in banking, airline, liquor, tobacco and real estate industries. Tan was born on July 17, 1934, in Amoy (now Xiamen), Fujian,People's Republic of China. His parents moved to the Philippines when he was a child. He is married with 6 children including the politician daughter Vivian Tan. He attended Chiang Kai Shek College for high school and studied chemical engineering at Far Eastern University in Manila. He actually quit before graduating to take a job in a tobacco factory. In 2011, the Forbes Magazine listed him as the second richest billionaire from the Philippines with a networth of $4.5 billion. In an effort to consolidate his business empire, Mr. Tan is set to establish LT Group, Inc., a holding firm for all his stakes in companies currently being operated or managed by Tanduay Distillers, Inc. chaired by son Micheal Tan.