Lucio Tan
Lucio Tan

Celebrity Profile

Name: Lucio Tan
Occupation: Diver
Gender: Male
Birth Day: July 17, 1934
Age: 86
Birth Place: Manila, Philippines, Philippines
Zodiac Sign: Leo

Social Accounts

Height: in centimeters - N/A
Weight: in kg - N/A
Eye Color: N/A
Hair Color: N/A
Blood Type N/A
Tattoo(s) N/A

Lucio Tan

Lucio Tan was born on July 17, 1934 in Manila, Philippines, Philippines (86 years old). Lucio Tan is a Diver, zodiac sign: Leo. Find out Lucio Tannet worth 2020, salary 2020 detail bellow.

Net Worth

Net Worth 2020

$5.8 Billion

Salary 2020

Not known

With the net worth of $5.8 Billion, Lucio Tan is the # 264 richest person on earth all the time follow our database.

Lucio Tan Net Worth Detail

Lucio C. Tan, Sr. (simplified Chinese: 陈永栽; traditional Chinese: 陳永栽; pinyin: Chén Yǒngzāi; Pe̍h-ōe-jī: Tân Éng-chai; born July 17, 1934) is a Filipino billionaire businessman and educator with interests in banking, airline, liquor, tobacco, real estate industries, beverages, and education. In 2013, Forbes magazine listed him as the second richest billionaire from the Philippines with a net worth of $7.5 billion.

Biography Timeline

1987

The Presidential Commission on Good Government ("PCGG") originally filed a case against Tan in July 1987, and has since amended it twice, the last time being on 5 September 1991. According to the PCGG, the state is entitled to PHP 50 billion in damages and PHP 1 billion in legal expenses.[4] In addition, the state was seeking to recover 60% of Tan's holdings in companies that Tan held in trust for the former president Marcos – such as Fortune Tobacco, Asia Brewery, Allied Banking Corp., Foremost Farms, Himmel Industries, Grandspan Development Corp., Silangan Holdings, Dominium Realty and Construction Corp., and Shareholdings Inc. – as the PCGG alleges that they were illegally acquired by Marcos using government funds.

After filing the case in July 1987, the PCGG seized control of Tan's companies, continuing to do so until 2006 when the anti-graft court Sandiganbayan nullified the writs of sequestration on Allied Banking Corp., Fortune Tobacco, Foremost Farms and Shareholdings Inc. The court ruled the writs had no basis as there was no prima facie proof that any of Tan's assets were obtained illegally.

1997

In 1997, Forbes, in an article entitled "A report card on Asia", complained about the "considerable corruption still prevalent" in the Philippines, bolstering that claim by citing how Tan "single-handedly held up a tax reform intended to remove special privileges for local tobacco and beer producers."

1998

In 1998, Forbes reported that Tan was spending his free time "[j]ousting with the government over charges of tax evasion" and with Philippine Airlines "shareholders who tried to block his bid for the airline."

2007

The PCGG soon afterwards filed a petition to the Supreme Court. On December 7, 2007, the Supreme Court affirmed the decision of the anti-graft court. The Supreme Court found no proof that Tan, his family, or his various businesses took undue advantage of their relationship with former President Marcos. Finding no factual basis for the sequestration of the stocks, the Supreme Court denied the PCGG's petition, according to a court statement.

Family Members

# Name Relationship Net Worth Salary Age Occupation
#1 Lucio Tan, Jr. Children N/A N/A N/A
#2 Michael Tan Children N/A N/A N/A
#3 Vivien Tan Children N/A N/A N/A
#4 Timmy Tan Children N/A N/A N/A
#5 Tan Eng Chan Siblings N/A N/A N/A
#6 Shirley Chua Siblings N/A N/A N/A
#7 Tan Hui Bin Siblings N/A N/A N/A
#8 Frank Chan Siblings N/A N/A N/A
#9 Harry Tan Siblings N/A N/A N/A
#10 Mariano Tanenglian Siblings N/A N/A N/A
#11 Letty Tan Spouse N/A N/A N/A

🎂 Upcoming Birthday

Currently, Lucio Tan is 87 years, 4 months and 15 days old. Lucio Tan will celebrate 88th birthday on a Sunday 17th of July 2022. Below we countdown to Lucio Tan upcoming birthday.

Days
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Recent Birthday Highlights

81st birthday - Friday, July 17, 2015

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