| Lucio Tan A man who lives by the controversies in his business dealings |
Lucio Tan's name is often associated with controversies in Philippines politics and business. He is most controversial for his Tax evasion case, his alleged fraud acquisition of Philippines Airline and as a business dummy of the Marcos family.
But more than these controversy, Lucio Tan's name shines as one of a true-blooded Tsinoy Tai-pan with businesses that rank among the top in the country. Asia Brewery, the second largest brewery in the Philippines and tough competitors of San Miguesl Brewery is own and managed by him. He also runs and owns and majority shares of Tanduay Corporation , Fortune Tobacco and other businesses in agriculture, banking, finance,education, hotels,propety developments, travel services, etc.
Lucio Tan is a native of Amoy .China and has lived in the Philippines all of his life. He was born on July 17, 1934 and studied in the Philippines schools. He enrolled in a Chemical engineering course in Far Eastern University but did not finish his course. His first job was in a tobacco factory and ventured to have his own tobacco company. His first venture lead to what he is now in the business industry.
Although Lucio Tan is often associated with shaddy deals, he is one of the respected figure in Philippine business. He is not a social figure and always shy away from the limelight. However, he is always associated in various controversies that caught media's attention and people's cursiousities. LUcio Tan is often linked to various women who have been open with their relationship with the man. There is also a small talk in Chinese Feng-shui that his luck comes from his famous relationship with women as a man born with a Dog sign. In Chinese Fung-shui, dog sign people are lucky as long as they have many partners. Although it is a plain rumor, Lucio tan seems to live up with his lucky charms.
His acquisition of the University Of the East is said to be his biggest feat in promoting education in the country. He founded the Tan Yan Kee Foundation which is one of the biggest foundation offering scholarships to high school gradutes in public and private schools. His Tan Yan Kee Foundation has given numerious scholarships to Filpino students who belong to the low income families.
While he is sided with controversies, Lucio Tan is a man whose heart if dedicated in promoting education for the Flipino Youth as he believes that the Youth is the hope of the country he loves most which is the Philippines.
