10 Things You Didn’t Know About Andrew Tan

Andrew Tan is a forerunner in the Philippines’ business and real estate world. With a vast empire that spans affordable to luxury residences, office towers, shopping malls, hotels, and casinos, Tan’s business prowess is undeniable. Yet, beyond his business achievements, there is so much more to this magnate that many are not aware of. Let’s take a look at the ten things you probably didn’t know about Andrew Tan.

1. He Came From Humble Beginnings

Most tycoons come from a well-off background, but not Andrew Tan. He was born in Fujian, China, and migrated to the Philippines when he was six years old. His family was so poor that he had to peddle all sorts of goods on the streets of Manila just to help make ends meet.

Despite the hardships he experienced growing up, his difficult past did not deter him from reaching his dreams. Instead, it became his motivation to strive for a better life, not just for him but also for his family.

2. His success journey started with a kitchen appliance company

Tan’s business journey started on a small scale. After earning his accountancy degree from the University of the East, he worked for a kitchen appliance company. Here, he realized that he had a knack for identifying market needs and presenting solutions to address them.

His tenure at the company paved the way for greater opportunities, ultimately leading him to establish Megaworld Corporation, one of the largest property developers in the Philippines today.

3. His empire is built on whisky

Although Tan is now better known for his real estate ventures, it all started with Emperador Brandy. Tan’s company was the first to commercially produce and promote brandy in the Philippines, before it became the world’s largest brandy company by volume.

This venture has significantly contributed to his growth in wealth, stability, and influence in the Philippine business landscape.

4. His real estate empire spreads beyond the Philippines

Though one may think Tan’s massive real estate endeavors are only restricted within the Philippine archipelago, his influence and control expand beyond the country’s borders. Tan’s Megaworld Corporation is also involved in real estate projects in diverse international markets including China, Spain, and South Korea.

These expansion efforts clearly show that Andrew Tan’s vision for his company knows no geographic boundaries.

5. He owns the Philippines’ biggest McDonald’s franchise

Beyond real estate and liquor, Tan has diversified his portfolio by venturing into the quick-service restaurant industry. Golden Arches Development Corporation (GADC), a company owned by Tan, holds the exclusive right to operate McDonald’s in the Philippines.

With over 500 branches nationwide, it is, without a doubt, the biggest fast-food franchise in the country.

6. He is an advocate of affordable luxury

One principle Tan strongly believes in – and has built his empire on – is affordable luxury. Despite dealing with high-end markets and luxury real estate, Andrew Tan ensures that the majority of his projects are accessible to many. His real estate companies offer a range of products catering to various markets, including low-cost housing and affordable condominiums.

His goal is to provide quality living spaces that offer a sense of luxury without breaking the bank.

7. Health is his top priority

Despite his busy schedule, Tan never neglects his well-being. He has built a reputation for being very mindful of his health. He starts his day early with exercise and is known for maintaining a balanced diet.

He promotes the same in his companies, encouraging his employees to lead a healthy lifestyle and fostering a work culture that promotes a work-life-health balance.

8. He values education

Given his humble beginnings, Tan highly values education. He sees it as a tool for improving one’s life. To endorse this belief, he has established various scholarships and grants for deserving students in the Philippines.

He also invests in the continuous learning and development of his employees, with regular trainings and learning opportunities encouraged within his conglomerate.

9. He believes in the power of partnerships

Tan recognizes that businesses grow through strategic partnerships. He has forged alliances with international organizations and other local companies that have contributed significantly to the growth of his conglomerates.

These partnerships have not only expanded his business network but also his knowledge and understanding of various industries.

10. He is a respected philanthropist

Despite his massive wealth and business success, Tan has never forgotten to give back. He has numerous philanthropic activities focused on education, health, and social welfare. Through his conglomerate’s Corporate Social Responsibility (CSR) arm, he has initiated programs on nutrition, healthcare, and disaster relief in various local communities.

Indeed, Andrew Tan is a maverick not just in business but also in giving back to society.

To learn more about Andrew Tan and his conglomerates, please visit these useful links:

Andrew Tan on Wikipedia

Megaworld Corporation Official Website

Emperador Inc. Official Website

McDonald’s Philippines Official Website