Lucio Tan

Lucio Tan, born July 17, 1934 in Jinjiang, Fujian China, is the head of the Lucio Tan Group of Companies which is involved in more than 300 enterprises. He is an owner of Eton Properties, Fortune Tobacco, Asia Brewery, Tanduay, Allied Bank and Philippine National Bank (PNB) and has a significant stake in Philippine Airlines (PAL) and Air Philippines. He also owns the Century Park Hotel, University of the East, Foremost Farms, and Lucky Travel Corporation. In March 2012 Forbes estimated his net worth at US$3.5 billion.