Bienvenido Tantoco Sr. Net Worth is
$195 Million
Bienvenido Tantoco Sr. Biography
Lopez, Marilou T. Rustan Espresso Tantoco has six kids specifically: Bienvenido “Rico” Tantoco III, Zenaida “Nedy” Tantoco, Menchu T. In 1971, he opened the initial Rustan’s Supermarket in Highway 54. He also offered as the Philippine Ambassador to Vatican. This year 2010, Forbes shown him as the 34th richest Filipino with a networth of USD95 million. Tantoco set up several companies beneath the Rustan’s brand. Included in this: Rustan’s Supercenters, Inc. Shopwise Store Expert Inc. Bienvenido Tantoco Sr. The couple mixed the first syllables of their last name and developed, “Rustans”.$195 Million: Bienvenido Tantoco, Sr are the owners of Rustans, which he co-founded along with his wife, the later Gliceria Rustia in 1951. Pineda, Marilen T. Valbuena and Maritess T. Enriquez. Rico may be the chairman of the Rustan’s while Nedy was called president of Rustan’s Commercial Company in 2008.He’s previous ambassador to the Vatican.Run by his girl Zenaida. Net Worthy of: Bienvenido Tantoco Sr. is normally a Filipino businessman and previous ambassador to the Vatican who includes a net value of $195 million. Tantoco Sr. began to accumulate his fortune after he and his wife create Rustan Commercial Company in 1951, today the country’s leading upscale section shop and supermarket chain. Concentrating on luxurious goods, the business offers an array of items including high-end clothing, jewelry, shoes, in addition to furniture, interior decor and cosmetics. In 2012, Rustan Industrial Corporation’s capability got estimated at $195 million. The day-to-day functions of the manifold businesses within the chain of Rustan’s are in the hands of Tantoco’s kids and grandchildren, with whom he shares the riches. Rustan’s Marketing Company Rustan’s Marketing Experts, Inc. Shares fortune with kids. His 50-year-previous Rustan Industrial is Philippines leading section shop and supermarket chain. Opened initial store with past due wife in 1951.Franchisee for Marks & Spencer, Starbucks Coffee, Payless Sneakers. Bienvenido Tantoco Sr. includes a net value of $95 million regarding to Forbes Magazine. The Tantoco-Rustia Base was set up by the Tantoco family members focused on the patriarch and his past due wife.In April 2011 President Aquino attended his 90th-birthday celebration at Manila’s historic Paco Marketplace, where Rustan has brand-new store.
Quick Facts
| Net Worth | $195 Million |