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Tony Tan Caktiong & family
PROFILE
Tony Tan Caktiong & family
$3.2B
2023 Philippines 50 Richest Net Worth
as of 8/9/23
Photo by David Paul Morris/Bloomberg
About Tony Tan Caktiong & family
Tony Tan Caktiong is the founder and chairman of Jollibee Food, one of the world's fastest-growing Asian restaurant chains.
Jollibee operates eateries in the Philippines and overseas, from Singapore to the U.K. to the U.S.
Jollibee sells Filipino, Chinese, American and European dishes adapted to a quick-serve and affordable format.
With partner Edgar Sia II, Caktiong also owns a stake in developer DoubleDragon Corporation.
Billionaire Tony Tan Caktiong's Jollibee Foods is boosting investments in the owner of the Tim Ho Wan restaurant chain as it ramps up global expansion.
SM Investments, the Philippines’ largest company by market cap, is splashing out on new shopping malls and condos amid rising employment, jump in consumer spending.