Portrait of Tony Tan Caktiong

Rank #3108

Tony Tan Caktiong

Net worth $1.1B

Food · Philippines

Born
Jan 05, 1953
Age
73
Source
Food
Residence
Manila
Citizenship
Philippines
Marital status
Married
Children
3
Education

Net worth over time

Biography

  • Tony Tan Caktiong is the founder and chairman of Jollibee Foods, one of the world's fastest-growing Asian restaurant chains.
  • Jollibee operates over 9,500 outlets under 19 brands across the Philippines as well as in overseas markets such as Singapore, Malaysia and the United Arab Emirates.
  • Jollibee sells Filipino, Chinese, American and European dishes adapted to a quick-serve and affordable format.
  • In 2024, Jollibee acquired a majority stake in South Korean's Compose Coffee. The deal valued the coffee chain at $340 million.
  • With partner Edgar Sia II, Caktiong also owns a stake in the fast-growing real estate developer DoubleDragon Corporation.
  • Caktiong's mother thought Tony was the most difficult to bring up among his brothers because he was the pickiest in terms of taste.
  • In 2025, DoubleDragon listed its Singapore-based hospitality arm Hotel101 Global Holdings on the Nasdaq as the first Filipino-owned company trading on the bourse.

Financial assets

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