Andrew Lim Tan () is a

Chinese Filipino Chinese Filipinos; tl, Tsinoy, / Tsinong Pilipino, ; Philippine Hokkien , Mandarin (also known as Filipino Chinese in the Philippines) are Filipinos of Chinese descent, mostly of southern Fujianese ancestry, where the majority are bor ...

billionaire with business interests in

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

liquor Liquor (or a spirit) is an alcoholic drink produced by distillation of grains, fruits, vegetables, or sugar, that have already gone through alcoholic fermentation. Other terms for liquor include: spirit drink, distilled beverage or hard ...

and

fast food Fast food is a type of mass-produced food designed for commercial resale, with a strong priority placed on speed of service. It is a commercial term, limited to food sold in a restaurant or store with frozen, preheated or precooked ingredien ...

. In 2011, ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...

'' magazine rated him fourth on the list of the "Philippines 40 richest" with an estimated net worth of $2 billion. As of May 2018, ''

'' magazine ranks him as the 10th-wealthiest person in the Philippines, with his net worth of US$2.6 billion.

Early life

Originally an immigrant from China and a supporter of the Communist Party, Tan was born in

Quanzhou Quanzhou, postal map romanization, alternatively known as Chinchew, is a prefecture-level city, prefecture-level port city on the north bank of the Jin River, beside the Taiwan Strait in southern Fujian, China. It is Fujian's largest metrop ...

Fujian Fujian (; alternately romanized as Fukien or Hokkien) is a province on the southeastern coast of China. Fujian is bordered by Zhejiang to the north, Jiangxi to the west, Guangdong to the south, and the Taiwan Strait to the east. Its capi ...

province. He spent his childhood at an apartment in

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...

which was shared by other families. Later, he moved to

Manila Manila ( , ; fil, Maynila, ), officially the City of Manila ( fil, Lungsod ng Maynila, ), is the capital of the Philippines, and its second-most populous city. It is highly urbanized and, as of 2019, was the world's most densely populate ...

where he studied

accounting Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "languag ...

University of the East The University of the East ( fil, Pamantasan ng Silangan), also known as UE, is a leading private university located in Manila, Philippines. Founded in 1946, business tycoon Lucio Tan acquired the university in 1990. UE was once labeled as the ...

Companies

Tan runs the Alliance Global Group Inc. (AGI). It is composed of four companies: *

Megaworld Corporation Megaworld Corporation () is a real-estate company in the Philippines. It is listed on the Philippine Stock Exchange Composite Index. The company develops large-scale, mixed-use, planned communities incorporating residential, commercial, educat ...

– A real estate corporation engaged in developing condominiums. It has subsidiaries called Empire East Land Holdings and Suntrust Properties. 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. *Emperador Distillers, Inc. – Best known for its

Emperador Brandy Emperador is a brand of cut brandy and brandy produced by Emperador Inc., a 81% owned subsidiary of Alliance Global Group. The shares of Emperador Inc. are traded at the Philippine Stock Exchange with the symbol "EMP". The beverage is primaril ...

which became the world's best-selling

brandy Brandy is a liquor produced by distilling wine. Brandy generally contains 35–60% alcohol by volume (70–120 US proof) and is typically consumed as an after-dinner digestif. Some brandies are aged in wooden casks. Others are coloured with ...

in 2006, and Emperador Light. 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 moral values. * Golden Arches Development Corporation – Operates

McDonald's McDonald's Corporation is an American Multinational corporation, multinational fast food chain store, chain, founded in 1940 as a restaurant operated by Richard and Maurice McDonald, in San Bernardino, California, United States. They rechri ...

franchises.

Awards and recognitions

The government of

Quezon City Quezon City (, ; fil, Lungsod Quezon ), also known as the City of Quezon and Q.C. (read in Filipino as Kyusi), is the List of cities in the Philippines, most populous city in the Philippines. According to the 2020 census, it has a populatio ...

honored Tan as "Businessman of the Year" for 2004. He is the first to receive the PropertyGuru Asia "Icon Award" for 2018.

Personal life

He is married with four children and lives in

, Philippines. His eldest son, Kevin L. Tan (), was appointed CEO of Alliance Global Group Inc. in 2018. His other son, Kendrick Tan, is an executive director in Emperador, Inc.

References

External links