Tony Tan Caktiong

Tony Tan Caktiong, (; born January 5, 1953) is a Chinese-Filipino businessman and investor. He is the founder and chairman of Jollibee Foods Corporation, and the co-chairman of DoubleDragon Properties. Forbes listed him as the fifth richest person in the Philippines in 2023, with an estimated net worth of US$3.2 billion.

Early career and education

Tan Caktiong was born on January 5, 1953 in the then-undivided province of Davao (in now Davao del Sur) to Chinese immigrant parents from Fujian. His father worked in a restaurant in China and as a cook in a Buddhist monastery in Manila before setting up his restaurant in Davao City. Tony Tan Caktiong attended high school at Chiang Kai Shek College and graduated from the University of Santo Tomas with a degree in chemical engineering in 1975. Tan had initially planned his fledgling nascent company to be an ice cream parlor when he founded Jollibee, and then added dishes such as hamburgers, french fries, and fried chicken.

Career

Jollibee Foods Corporation

[[Jollibee at Rizal, Nueva Ecija|thumb|left]]

Tan Caktiong founded the fast-food chain Jollibee in 1978 after starting it as an ice cream parlor in 1975. Expansion and acquisition of Greenwich Pizza Corp.

As of August 2008, Tan Caktiong's Jollibee has 1,480 stores worldwide, including Jollibee, Red Ribbon, Chowking, Greenwich, Manong Pepe's and Mang Inasal.

DoubleDragon Properties

In 2012, Tan Caktiong, through his holding company, Honeystar Holdings Corporation, invested in Injap Land Corporation, a property company founded by Edgar Sia II. With Tan Caktiong's entry, the company was renamed DoubleDragon Properties Corporation.

Personal life

thumb|Tan Caktiong's family mausoleum at Manila Memorial Park – Sucat.

Tan Caktiong is married to Grace (née Ang). He has 3 children. He is also the brother of Ernesto Tanmantiong, who is the President and CEO of Jollibee Foods Corporation.

Awards

President [[Benigno S. Aquino III confers the Gawad Mabini with the rank of Commander (Dakilang Kasugo) on APEC CEO Summit chairperson Tony Tan Caktiong in a ceremony at the Music Room of the Malacañan Palace|thumb|right]]

Entrepreneur Of The Year Philippines, 2004
Ernst & Young World Entrepreneur Of The Year, 2004
Gawad Mabini with the rank of Commander (Dakilang Kasugo),2016
Honorary doctorate from the University of Santo Tomas, 2018