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Bienvenido Tantoco Sr. has a net worth of $190 million.
His 50-year-old Rustan Commercial is one of the Philippines' leading department store and supermarket chains. He opened his first store with late wife in 1951. They became the franchisee for Marks & Spencer, Starbucks Coffee and Payless Shoes that are now run by his daughter Zenaida. He currently shares his fortune with his children. He's the former ambassador to the Vatican. In April 2011 President Aquino attended his 90th-birthday celebration at Manila's historic Paco Market, where Rustan has a new store.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2007 |
Earnings |
Annual revenue of Bienvenido Tantoco Sr.'s Philippine chain of upmarket department stores Rustan's for the year 2007 |
$3,820,000 |
|
2007 |
Earnings |
Operating income of Bienvenido Tantoco Sr.'s Philippine chain of upmarket department stores Rustan's for the year 2007 |
$1,860,000 |
|
2007 |
Earnings |
Net income of Bienvenido Tantoco Sr.'s Philippine chain of upmarket department stores Rustan's for the year 2007 |
$140,000,000 |