Tony Tan Caktiong
| Tony Tan Caktiong | |
|---|---|
| Born |
Tony Tan Caktiong January 5, 1953 |
| Residence | Manila, Philippines |
| Nationality | Filipino |
| Citizenship | Chinese, Filipino |
| Education | Chiang Kai Shek College |
| Alma mater | University of Santo Tomas |
| Occupation | Founder and chairman of Jollibee |
| Net worth | US$3 Billion (January 2017) |
| Spouse(s) | Married |
| Children | 3 |
Tony Tan Caktiong (simplified Chinese: 陈觉中; traditional Chinese: 陳覺中; pinyin: Chén Juézhōng; Pe̍h-ōe-jī: Tân Kak-tiong; born January 5, 1953) is a Filipino-Chinese entrepreneur. He is the founder, chairman and CEO of the Filipino fast food chain Jollibee.
Tan was born to Chinese immigrant parents from Fujian. He attended high school at Chiang Kai Shek College and graduated from the University of Santo Tomas with a degree in chemical engineering. Tan had initially planned an ice cream parlor when he founded Jollibee, then added dishes such as hamburgers, french fries, and fried chicken.
Tan founded the fast food chain Jollibee in 1978, after having started it as an ice cream parlor in 1975. Through expansion and acquisitions of Greenwich Pizza Corp. which enabled it to enter the pizza-pasta segment. In early 2006, Jollibee Foods Corp. bought out the remaining shares of its partners in Greenwich Pizza Corporation, equivalent to a 20% stake, for P384 million in cash. As of August 2008, Tan's Jollibee has a total of 1,480 stores worldwide including Jollibee, Red Ribbon, Chowking, Greenwich, Manong Pepe's, Mang Inasal and Tita Frita's Uling Uling.
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