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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