Andrew Tan's Philippines empire

Philippines businessman has risen to number three on the country's rich list due to robust demand for his three core products — high-density property, affordable brandy and McDonald’s burgers.
Travelers was the first to open a casino in Manila in 2009.
Travelers was the first to open a casino in Manila in 2009.

Philippines businessman Andrew Tan has a knack for identifying consumer trends and selling products that benefit from rising affluence.

Revenues in his holding company Alliance Global AGI are growing at 30% a year thanks to robust demand for his three core products high-density property, affordable brandy and McDonald’s burgers.

Investors are keen to tap into Tan’s ability to identify consumer trends.

Since October last year, shares in AGI have risen 170% on the Philippine Stock Exchange, and this year Tan was able to convince investors to back the listing of two subsidiaries brandy-maker Emperador Distillers and casino-operator Travelers International raising a combined $825...

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