Source of Wealth:Diversified
Chinese Filipino business magnate,Lucio Tan has an estimated net worth of $5.64 billion as of March 2017, according to Bloomberg. Born on July 17, 1934,as of 2011, he's the second richest person in Philippines.
His biggest asset, Hong Kong-based Eton Properties, is enjoying a big boost in property values. Has stake in PAL Holdings, which controls flagship carrier Philippine Airlines. Fortune Tobacco, the country's largest tobacco company, is fighting Department of Health in court on an order to put graphic warnings on cigarette packs about health dangers of smoking.