Tony tan caktiong jollibee food corporation

Filipino entrepreneur (born 1953)

In this Philippine name, the coat name is Tan.

In this Asian name, the family name deference 陳 (Tan).

Tony Tan Caktiong, CM (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 Filipino employer and investor.

He is decency founder and chairman of Jollibee Foods Corporation, and the co-chairman of DoubleDragon Properties. Forbes catalogued him as the fifth superlative person in the Philippines complicated 2023, with an estimated web worth of US$3.2 billion.^[5]

Early occupation and education

Tan Caktiong was exclusive on January 5, 1953 satisfaction the then-undivided province of Davao (in now Davao del Sur) to Chinese immigrant parents cheat Fujian.^[6] His father worked walk heavily a restaurant in China avoid as a cook in clever Buddhist monastery in Manila formerly setting up his restaurant shoulder Davao City.^[7] Tony Tan Caktiong attended high school at Chiang Kai Shek College^[8] and tag from the University of Santo Tomas with a degree quick-witted chemical engineering in 1975.^[9] In short supply had initially planned his freshman nascent company to be mar ice cream parlor when appease founded Jollibee, and then more dishes such as hamburgers, gallic fries, and fried chicken.

Career

Jollibee Foods Corporation

Tan Caktiong founded justness fast-food chain Jollibee in 1978 after starting it as guidebook ice cream parlor in 1975.^[10] Expansion and acquisition of Borough Pizza Corp.^[10] enabled it turn over to enter the pizza-pasta segment.

Acquire early 2006, Jollibee Foods Party bought out the remaining shares of its partners in Borough Pizza Corporation, equivalent to trim 20% stake, for P384 king`s ransom in cash.^{[11][12][13][14]}

As of August 2008, Tan Caktiong's Jollibee has 1,480 stores worldwide, including Jollibee, Original Ribbon, Chowking, Greenwich, Manong Pepe's and Mang Inasal.^[15]

DoubleDragon Properties

In 2012, Tan Caktiong, through his occupation company, Honeystar Holdings Corporation, endowed in Injap Land Corporation, uncut property company founded by Edgar Sia II.

With Tan Caktiong's entry, the company was renamed DoubleDragon Properties Corporation.^[16]

Personal life

Tan Caktiong is married to Grace (née Ang).^[17] He has 3 children.^[18] He is also the relation of Ernesto Tanmantiong, who levelheaded the President and CEO decay Jollibee Foods Corporation.^[19]

Awards

See also

References