Andrew Lim Tan () is a Chinese-born Filipino business magnate and investor. His conglomerate companies Alliance Global Group, Inc. and

Megaworld Corporation Megaworld Corporation () is a real-estate company in the Philippines. It is listed on the Philippine Stock Exchange Composite Index. The company develops large-scale, mixed-use, planned communities incorporating residential, commercial, educa ...

presides a wide extension of business interests in real estate,

liquor Liquor ( , sometimes hard liquor), spirits, distilled spirits, or spiritous liquor are alcoholic drinks produced by the distillation of grains, fruits, vegetables, or sugar that have already gone through ethanol fermentation, alcoholic ferm ...

, casinos, high-technology, resorts, and

restaurants A restaurant is an establishment that prepares and serves food and drinks to customers. Meals are generally served and eaten on the premises, but many restaurants also offer take-out and food delivery services. Restaurants vary greatly in app ...

. In 2011, ''

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

'' magazine rated him fourth on the list of the "Philippines 40 richest" with an estimated net worth of $2 billion. As of August 2023, ''

'' magazine ranks him as the 11th-wealthiest person in the Philippines, with his net worth of US$2.4 billion.

Early life

Originally an immigrant from China and a supporter of the Communist Party, Tan was born in

Quanzhou Quanzhou is a prefecture-level city, prefecture-level port city on the north bank of the Jin River, beside the Taiwan Strait in southern Fujian, China, People's Republic of China. It is Fujian's largest most populous metropolitan region, wi ...

Fujian Fujian is a provinces of China, province in East China, southeastern China. Fujian is bordered by Zhejiang to the north, Jiangxi to the west, Guangdong to the south, and the Taiwan Strait to the east. Its capital is Fuzhou and its largest prefe ...

province. He spent his childhood at an apartment in

Hong Kong Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the wor ...

which was shared by other families. Later, he moved to

Manila Manila, officially the City of Manila, is the Capital of the Philippines, capital and second-most populous city of the Philippines after Quezon City, with a population of 1,846,513 people in 2020. Located on the eastern shore of Manila Bay on ...

where he studied

accounting Accounting, also known as accountancy, is the process of recording and processing information about economic entity, economic entities, such as businesses and corporations. Accounting measures the results of an organization's economic activit ...

University of the East The University of the East (), also known as UE, is a private university located in Manila, Philippines. Founded in 1946, business tycoon Lucio Tan acquired the university in 1990. UE was once labeled as the "largest university in Asia" when i ...

Companies

Tan runs the

Alliance Global Group Inc. Alliance Global, Inc. (AGI), styled on its logo as AllianceGlobal and also known as Alliance Global Group, is a Philippine conglomerate founded in 1993, it is a large holding company with business activities spanning the food and beverage indus ...

(AGI). It is composed of three companies: *

– A real estate corporation engaged in developing condominiums. It has subsidiaries called Empire East Land Holdings and Suntrust Properties. It was dubbed by Finance Asia, a business tabloid, as the "best managed company" and the "best in corporate governance" in the Philippines for 2006. *Emperador Distillers, Inc. – Best known for its Emperador Brandy which became the world's best-selling

brandy Brandy is a liquor produced by distilling wine. Brandy generally contains 35–60% alcohol by volume (70–120 US proof) and is typically consumed as an after-dinner digestif. Some brandies are aged in wooden casks. Others are coloured ...

in 2006, and Emperador Light. What made it successful was how it was promoted. Instead of following other liquor advertisements that feature attractive women and other dainty images, the ads of Emperador Brandy emphasize successes in life and moral values. * Golden Arches Development Corporation – Operates

McDonald's McDonald's Corporation, doing business as McDonald's, is an American Multinational corporation, multinational fast food chain store, chain. As of 2024, it is the second largest by number of locations in the world, behind only the Chinese ch ...

franchises.

Awards and recognitions

The government of

Quezon City Quezon City (, ; ), also known as the City of Quezon and Q.C. (read and pronounced in Filipino language, Filipino as Kyusi), is the richest and List of cities in the Philippines, most populous city in the Philippines. According to the 2020 c ...

honored Tan as "Businessman of the Year" for 2004. He is the first to receive the PropertyGuru Asia "Icon Award" for 2018.

Personal life

He is married with four children and lives in

, Philippines. His eldest son, Kevin L. Tan (), was appointed CEO of Alliance Global Group Inc. in 2018. His other son, Kendrick Tan, is an executive director in Emperador, Inc.

References

External links