Andrew Tan
From Wikipedia, the free encyclopedia
| Andrew Tan | |
|---|---|
| Ethnicity | Han Chinese |
| Citizenship | Filipino |
| Occupation | real estate, retail investment |
| Known for | Alliance Global Group Inc. |
Andrew L. Tan (traditional Chinese: 吳聰滿; simplified Chinese: 吴聪满)[1] is a Filipino-Chinese billionaire who engages in real estate,liquor and fast food. In 2011, Forbes Magazine rated him fourth on the list of the "Philippines 40 richest" with an estimated net worth of $2 billion from last year's $1.2 billion.[2]
Originally a simple immigrant from China, Tan was born in the Fujian province. He spent his childhood at an apartment in Hong Kongwhich was shared by other families and had short supply. Later, he moved to Manila where he studied accounting at University of the East. For economic reasons, he would head to school walking rather than riding on public transportation. He then graduated.[3] During his early years in business, the government of Quezon City honored him "Businessman of the Year" for 2004.[4]
Companies
Tan runs the Alliance Global Group Inc. (AGI). Originally, this was owned by George Yang who later handed it to him.[5] It is composed of three companies;
Megaworld Corporation - A real estate corporation engaged in developing condominiums.[3] It was dubbed by Finance Asia, a business tabloid, as the "best managed company" and the "best in corporate governance" in the Philippines for 2006.[6]
Emperador Distillers Incorporation - Best known for its Emperador Brandy which became the world's best-selling brandy in 2006. What made it successful was how it was promoted. Instead of following other liquor advertisements that feature attractive women and other dainty images, the ads of Emperador Brandy emphasize successes in life and other moral values.[3]
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