A Working Student Now a Billionaire, 2nd Philippines Richest

A working student made his way to the top of the Philippines richest man.
Mopped floors to pay for school, then became a chemical engineer.
The Philippines 2nd richest man.

Lucio Tan & family
Net Worth: $6.1 Billion
As of August 2014

Age 80
Source Of Wealth: Diversified, Self Made
Residence: Manila, Philippines
Citizenship: Philippines
Marital Status: Married
Children: 6
Education:  Bachelor of Arts / Science, Far Eastern University Lucio Tan & family on Forbes Lists

Keeps long-held red ribbon as second richest. Impressive given 32% drop in his main holding, LT Group, since last time fortunes were calculated. With roughly 45% of its revenue from cigarettes, dreary forecast for that industry coupled with black market for smokes have upset investors. Shareholders can drown their sorrows in another LT Group product; it owns brewery behind popular pale lager Beer na Beer. Mopped floors to pay for school, then became a chemical engineer.

Source: Forbes

A Chinese Filipino businessman with interests in banking, airline, liquor, tobacco and real estate industries. Tan was born on July 17, 1934, in Amoy (now Xiamen), Fujian, People's Republic of China. His parents moved to the Philippines when he was a child.

Tan earned a BS in Chemical Engineering from the Far Eastern University of Manila. Forbes asserts that Tan "worked as a janitor at a tobacco factory where he presumably also "mopped floors to pay for school." He is married and under his helm are his children of whom some may be poised to follow in his footsteps. Michael Tan currently working with Asia Brewery Inc. after being replaced by Lucio Tan Jr. who now heads the Eton Properties Inc. Timmy Tan, the self-made entrepreneur with SK Technolube Corp and La Isla Publishing Corp ranking progressively at the country's top 2013 corporations and Vivian Tan who dwells in education and low level politics.

Source: Wikipedia

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