Lucio Tan

Common card · No. 217905

Lucio Chua Tan Sr. (traditional Chinese: 陳永栽; simplified Chinese: 陈永栽; Pe̍h-ōe-jī: Tân Éng-chai; pinyin: Chén Yǒngzāi; born July 17, 1934) is a Filipino billionaire businessman and philanthropist. He presides over the Filipino conglomerate company LT Group, Inc., a company with extensive business interests in sports, banking, airline, liquor, tobacco, real estate, beverages, and education. Born in Amoy, Fujian in China, Tan's family migrated to the Philippines during his childhood and became residents of Naga, Camarines Sur. In the 1950s, Tan worked as an employee at a cigarette company during his chemical engineering studies at the Far Eastern University. After his graduation, he established the chemical firm Himmel Industries in Pasig in 1960, and by 1966, he co-founded the cigarette manufacturing company Fortune Tobacco Corporation in Parang, Marikina in 1966. During martial law, Tan acquired General Bank and Trust in 1977 and renamed it Allied Banking Corporation; by 1982, Tan established...

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