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Vincent Tan

Vincent Tan
Vincent Tan Chee Yioun.jpg
Native name 陳志遠
Born Tan Sri Dato' Seri Vincent Tan Chee Yioun
February 1952 (1952-02) (age 65)
Batu Pahat, Johor, Malaysia
Nationality Malaysian
Occupation Founder of Berjaya Group
Owner of Cardiff City Football Club
Owner of FK Sarajevo
Co-Owner and director of Los Angeles Football Club
Owner of K.V. Kortrijk
Home town Batu Pahat
Net worth DecreaseUS$900 million (March 2016)
Children Dato' Sri Robin Tan , Morvin Tan, Nerine Tan, Tan U-Ming, Tan U-Jiun, Euvin Tan, Rayvin Tan, Chrystal Tan, Chryseis Tan , 2 other children

Tan Sri Dato' Seri Vincent Tan Chee Yioun (born 1952); (Chinese: 陳志遠; pinyin: Chén Zhìyuǎn; Pe̍h-ōe-jī: Tân Chì-uán), known simply as Vincent Tan, is a Malaysian businessman and investor. He is the founder of Berjaya Corporation Berhad, a conglomerate listed on the Malaysian stock exchange. Its core businesses include consumer marketing and direct selling, property investment and development, hotels and resorts, recreation development, gaming and lottery management, food and beverage, financial services, environmental services and clean technology investment, motor trading and distribution, and telecommunication and information technology-related services, solutions and products.

In 2010, he entered the Forbes billionaire list with an estimated worth of US$1.3 billion (RM4.2 billion). Tan's success in the Malaysian business sector has been attributed in part to his close association with prominent Malay political figures.

In December 1980, Tan purchased Malaysia's McDonald's franchise and in 1985 he bought Sports Toto when the lottery agency was privatised by the government. Tan obtained the licence for his lottery business from a non-tendered privatisation in 1985.

In May 2010, Tan became the owner of Cardiff City Football Club after a consortium of Malaysian investors (led by Dato Chan Tien Ghee) bought 30% of the club's shares.

In May 2012, the consortium said they would invest £100 million to increase the stadium's capacity and build a new training ground, providing they were given permission to rebrand the club from blue to red. The plans sparked outrage among Cardiff supporters, who quickly organised an emergency meeting to discuss how they would respond to the proposal. The plans were subsequently dropped.

One month later, the club went ahead with the rebranding, to expand Cardiff's appeal in foreign markets. Cardiff's badge was redesigned to include a red dragon, while their home kit was changed from blue to red. The club's £30 million debt to the Langston Corporation was also cleared.


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