Residence Manila, Philippines Nationality Filipino | Name Tony Tan | |
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Full Name Tony Tan Caktiong Born January 5, 1953 (age 71) ( 1953-01-05 ) Education Chiang Kai Shek College Alma mater University of Santo Tomas Occupation Founder and chairman of Jollibee Net worth US$2.6 billion (November 2015) | ||
Tony tan caktiong entrepreneur philippines
Tony Tan Caktiong (simplified Chinese: 陈觉中; traditional Chinese: 陳覺中; pinyin: Chén Juézhōng; Pe̍h-ōe-jī: Tân Kak-tiong; born January 5, 1953) is a Chinese Filipino entrepreneur. He is the founder and chairman of the Filipino fast food chain Jollibee and co-chairman of DoubleDragon Properties.
Contents
- Tony tan caktiong entrepreneur philippines
- The secret hobby of jollibee s tony tan caktiong
- Early career and education
- Jollibee
- DoubleDragon Properties
- Awards
- References
The secret hobby of jollibee s 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.
Jollibee
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 Corp. 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, Mang Inasal and Tita Frita's Uling Uling.
As of November 2015, Forbes estimated his net worth at US$2.6 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.