Tony Tan Caktiong

About Tony Tan Caktiong

Birth Day: January 05, 1953
Birth Place: Manila, Philippines, Philippines
Birth Sign: Aquarius
Native name: 陳覺中
Residence: Manila, Philippines
Citizenship: Filipino
Education: Chiang Kai Shek College
Alma mater: University of Santo Tomas
Occupation: Businessman
Known for: Founder and chairman of Jollibee, co-chairman of DoubleDragon Properties
Spouse(s): Grace A. Tan Caktiong
Children: 3

Tony Tan Caktiong Net Worth

Tony Tan Caktiong was bornon January 05, 1953 in Manila, Philippines, Philippines. Tony Tan Caktiong is the founder and chairman of Jollibee Food, the world's fastest-growing Asian restaurant chain. The food empire, which started humbly as an ice cream shop, saw $2.2 billion sales in 2016 as it continues to expand from Brunei to the U.S. Jollibee sells Filipino, Chinese, American and European dishes adapted to a quick-serve and affordable format. With partner Edgar Sia II, Caktiong also owns a stake in the fast-growing DoubleDragon Properties.
Tony Tan Caktiong is a member of Fashion & Retail

💰 Net worth: $3.4 Billion (Updated at 22 June 2018)

2013 $1.4 Billion
2014 $1.7 Billion
2015 $2.7 Billion
2016 $3 Billion
2017 $3.4 Billion
2018 $4.04 Billion

Some Tony Tan Caktiong images

Biography/Timeline

1978

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.

2012

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.

2015

As of November 2015, Forbes estimated his net worth at US$4.1 billion.