Lucio Tan
$3B
$7.9M (0.3%)
as of 04/01/25
About Lucio Tan
Lucio Tan is the founder and chairman of LT Group, which has interests in tobacco, spirits, banking and property development.
In 1982, Tan established Asia Brewery. Now a subsidiary of LT, the brewery was the only one then to compete with the market leader San Miguel.
Tan's grandson and heir apparent Lucio Tan III was appointed president of LT Group and PAL Holdings in 2023.
In 2023 the airline ordered nine long-haul A350-1000 jets from Airbus, worth more than $3 billion, to tap into the post-pandemic rebound in travel demand.
Personal stats
Citizenship
PhilippinesSource of wealth
DiversifiedResidence
Manila, PhilippinesMarital status
MarriedBirth date
07/17/34 (age 90)Number of children
6Education
Bachelor of Arts/Science, Far Eastern UniversitySelf-made
self-madeLucio Tan’s fortune is worth
50K
troy ounces of gold
46K
median U.S. household
30K
median U.S. income
0.06%
U.S. credit card volume
0.012%
GDP of the United States
0.009%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
PAL Holdings, the parent company of Philippine Airlines, completed its debt restructuring and turned profitable in 2021 after four years of losses.
Net worth over time
Real-time ranking
Financial assets
HONG KONG | 29-HK
Dynamic HoldingsPHILIPPINES | LTG-PH
LT Group Inc.PHILIPPINES | MAC-PH
MacroAsia Corp.PHILIPPINES | PAL-PH
PAL Holdings Inc.Images © Forbes.com. All rights reserved.