What is Tony Tan Caktiong's Net Worth?
Tony Tan Caktiong is a Chinese Filipino entrepreneur who has a net worth of $2 billion. Son of a chef, Tony Tan Caktiong opened Jollibee Foods back in 1978 with two Manila ice cream parlors. Today, it has turned into the largest fast-food company in the country with numerous chains including Jollibee, Chow King, Greenwich Pizza, and more than 2,000 stores in the Philippines and 541 overseas.
Furthermore, Jollibee Foods owns the Burger King franchise in the Philippines, with plans to expand to Singapore. The success of the company continues as line of customers greeted June opening of Jollibee in Jersey City, which is its second outlet in the New York metro area. Thanks to his incredible entrepreneur skills, he was named the recipient of the 2004 Entrepreneur of the Year, Philippines and Ernst and Young Entrepreneur of the Year, World.
