Lucio Tan, one of the richest filipino entrepreneurs

Lucio Tan

              Lucio Tan, probably the most controversial of all the Filipino Tycoons, is the featured success story today. He was once the longest running richest man in the Philippines not until last year when his great rival retail tycoon Henry Sy overtook him in the throne.

         Lucio Tan was born on July 17, 1934 in China’s Fujian province. His family moved to Philippines, in Naga, where he was a child. He worked his way through college studying Chemistry in Far Eastern University but quit before graduating, set up a business that deals with scrap in the late 1950s and and later on found a job in a tobacco factory where he was tasked to buy leaf tobacco in the Ilocos provinces.

          Because of this experience, Lucio Tan started his own cigarette company named Fortune Tobacco in 1966. It was also during this time when his close friend Ferdinand Marcos was newly elected as President. The tobacco business was a success and it expanded introducing a budget brand ‘Hope’ in 1975. By year 1980, Fortune Tobacco was the Philippines’ largest cigarette manufacturer.

               Today, Lucio Tan is still one of the richest person in the Philippines ranking him as second to Henry Sy last year 2008 with a total asset of %1.5 Billion. His Lucio Tan Group of Companies now owns several industries that includes liquor (Tanduay Holdings, Inc. and Asia Brewery), tobacco (Fortune Tobacco), aviation (Philippine Airlines), banking (Allied Bank and Philippine National Bank), real estate (Eton Properties Philippines), and education (Univerity of the East).

swim meet in Angeles City!! :|

1st place breastroke

4 gold!! 1 bronze!! swim meet in Angeles city!!!!

invention due to a necessity :|

he method of preserving food was invented  when the Napoleonic wars raged in 1795. Napoleon's army was suffering more casualties from scurvy, malnutrition, and starvation than from enemy muskets.The French government offered a prize of 12,000 francs to anyone who could invent a method of preserving food.

Nicolas Appert, an obscure candy-maker, brewer, and baker took up the challenge. He had a theory that if fresh foods were put in airtight containers and sufficient heat applied, they would keep. After 14 years of experimentation, he won the prize. He packed his foods in bottles, corked them, and submerged them in boiling water.

enterpreneur :|

An entrepreneur is a person who has possession of a new enterprise, venture or idea and is accountable for the inherent risks and the outcome.^{[note 1]} The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to launch a new venture or enterprise and accept full responsibility for the outcome. Jean-Baptiste Say, a French economist, is believed to have coined the word "entrepreneur" in the 19th century - he defined an entrepreneur as "one who undertakes an enterprise, especially a contractor, acting as intermediatory between capital and labour".

swimming :|

yehey lapet n ng  swimming competition sa angeles sa independence day pa natapat
excited na may halong kaba
pero masaya maraming kasama eh :)