Tony Tan Caktiong
Fashion & Retail

Tony Tan Caktiong Net Worth

6 months from now

Tony Tan Caktiong, born on January 05, 1953 in Manila, Philippines, is the founder and chairman of Jollibee Food, the world's fastest-growing Asian restaurant chain. He has successfully grown the business from a small ice cream shop to a multi-billion dollar enterprise, offering Filipino, Chinese, American and European dishes adapted to a quick-serve and affordable format.
Tony Tan Caktiong is a member of Fashion & Retail

Age, Biography and Wiki

Birth Day January 05, 1953
Birth Place Manila, Philippines, Philippines
Age 70 YEARS OLD
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

💰 Net worth: $1.2 Billion (2024)

Tony Tan Caktiong, a renowned figure in the fashion and retail industry in the Philippines, is projected to possess a staggering net worth of approximately $1.2 billion by 2024. As a prominent entrepreneur, Tony Tan Caktiong has not only revolutionized the retail landscape but also etched his name as a successful businessman. With his astute business acumen and strategic vision, he has established a prominent presence in the fashion industry, capturing the hearts of many Filipino consumers. As the founder and chairman of a widely recognized retail brand, Tony Tan Caktiong's net worth continues to soar, solidifying his position as one of the wealthiest individuals in the country's business sphere.

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

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.

Some Tony Tan Caktiong images

Tags Jollibee Foods Corporation Fast-food chain founders Filipino billionaires Filipino chief executives Filipino people of Chinese descent Living people University of Santo Tomas alumni Filipino company founders 1953 births Filipino people stubs Asian business biography stubs

You may also like

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.