Biography of lucio tan president lincoln

Biography of lucio tan president lincoln: He eventually became one

After graduation, he became a partner in a cornstarch factory then in a radio manufacturing firm. Both companies were not successful but the failure only emboldened him. Inhe set up a chemical trading company and six years after, he put up Fortune Tobacco which would eventually become the biggest cigarette manufacturer in the Philippines. During those years, he became a friend of Ferdinand Marcos.

He was able to purchase a failing bank for a pittance and built it into one of the biggest banks in the country.

Biography of lucio tan president lincoln: tobacco, real estate, and education,

At his tender age, he dreamt of becoming a scientist. Thus, after graduating from Chiang Kai Shek High School inhe immediately set this dream to motion: He enrolled in a chemical engineering course at the Far Eastern University. Though he did not become a full-time scientist by profession, his almost obsessive fondness for science and technology is reflected in his daily life and throughout his business empire.

Business mind-set As a working student, the young Lucio Tan busied himself with mastering the craft of mixing chemicals and flavorings at the Bataan Cigar and Cigarette Factory.

Biography of lucio tan president lincoln: Vice-President (Research). He became

Through hard work and a frugal lifestyle, he slowly raised the seed of his envisioned enterprise. While still working for the cigarette firm, he became a partner in a cornstarch venture and, later, established an electronics shop producing transistor radios. Sowing the seeds of an empire At 25, he started laying the groundwork for a chemical manufacturing and trading firm.

While others of similar age were busy establishing careers after college, Tan was already forming the foundations of what would become one of the most inspiring corporate success stories in the Philippines. Making the most of what he learned from his chemical engineering studies and his work of mixing chemicals at the Bataan Cigar and Cigarette Factory, he drew plans and purchased second-hand machines and reconditioned American trucks for his envisioned enterprise.

Notable of which is his ownership stake with the University of the Eastresulting for the erection of the nine-storey Dr. Lucio C. Tan Building on the university's Caloocan City campus. A building which houses the said college is also named after him on the CPU's main campus, the Lucio C. Tan Building.

Biography of lucio tan president lincoln: In one of his early jobs,

Following the PCGG's appeal, the Supreme Court of the Philippines on 7 December affirmed the decision of the lower court, having found no proof that Tan, his family, or his various businesses took undue advantage of their relationship with former president Marcos or no factual basis for the sequestration of the stocks. Lucio Tan Day every November.

Tan had not only developed massive lifestyle shopping centres in Guam, he also enabled ease of travel through regular PAL flights. In times of crises, Tan had also flown in much-needed resources to aid Guam during disasters.