Andrew Tan
Andrew Lim Tan | |
|---|---|
| Born | Quanzhou, Fujian, China |
| Occupation(s) | Entrepreneur, investor |
| Known for | Alliance Global Group, Inc., Megaworld Corporation, Emperador Distillers, Golden Arches Development Corporation |
Andrew Lim Tan () is a Filipino-Chinese entrepreneur and investor with roots in China. His business empire, which includes Alliance Global Group, Inc. and Megaworld Corporation, spans multiple industries such as real estate, alcoholic beverages, gaming, technology, hospitality, and dining establishments. In 2011, Forbes ranked him as the fourth wealthiest individual in the Philippines with a fortune of $2 billion. By August 2023, Forbes positioned him as the 11th richest Filipino, estimating his net worth at US$2.4 billion.
Early life
Tan was born in Quanzhou, located in Fujian province, China. During his youth, he lived in a communal apartment in Hong Kong after relocating from China. Subsequently, he settled in Manila, where he completed an accounting degree at the University of the East.
Companies
At the helm of Alliance Global Group Inc. (AGI), Tan oversees three principal subsidiaries:
- Megaworld Corporation – Specializing in condominium development, this real estate firm includes Empire East Land Holdings and Suntrust Properties among its affiliates. In 2006, it earned accolades from Finance Asia as the Philippines' "best managed company" and for excellence in corporate governance.
- Emperador Distillers, Inc. – This company produces Emperador Brandy, which was the top-selling brandy worldwide in 2006, alongside Emperador Light. Its advertising strategy emphasizes achievements and personal values rather than conventional liquor promotion.
- Golden Arches Development Corporation – Responsible for operating McDonald's outlets throughout the Philippines.
Awards and recognitions
In 2004, Tan received the "Businessman of the Year" honor awarded by Quezon City. He was also the first recipient of the PropertyGuru Asia "Icon Award" in 2018.
Personal life
Residing in Manila, Tan is married and has four children. His oldest son, Kevin L. Tan, assumed the role of CEO at Alliance Global Group Inc. in 2018, while another son, Kendrick Tan, holds an executive director position at Emperador, Inc.
See also
External links
- Articles with short description
- Articles with hCards
- No local image but image on Wikidata
- 1952 births
- Living people
- Billionaires from Fujian
- Filipino people of Chinese descent
- Businesspeople from Fujian
- Chinese emigrants to the Philippines
- Drink distillers
- Filipino billionaires
- Filipino businesspeople in real estate
- Filipino chairpersons of corporations
- Filipino company founders
- Filipino investors
- Hokkien people
- People from Quanzhou
- University of the East alumni