Son of tycoon Lucio Tan passes away

November 11, 2019

The son of billionaire Lucio Tan passed away Monday morning after he collapsed last Saturday during a basketball game in Mandaluyong City.

“It is with deep sorrow that I announce the passing of my brother, Lucio 'Bong' Tan, Jr. this morning, November 11, 2019. He was 53,” said Vivienne K. Tan. 

“His untimely passing leaves a big void in our hearts and our Group's management team which would be very hard to fill. Bong was a son, husband, father, friend and, most importantly, our elder brother whom we all relied on for advice, counsel and leadership,”she  added. 

Bong Tan  is survived by his wife Julie and sons Hun hun (Lucio Tan III) and Kyle Tan. 

“Our sincerest thanks to all who offered prayers and shared words of comfort during this hour of grief. Our family continues to request everyone to respect our wish for privacy as we go through this very difficult time,” Vivienne said. 

“We ask for your prayers for the eternal repose of his soul. Wake details will be announced soon,” she added. 

Bong Tan was PAL Holdings president. PAL Holdings is Philippine Airlines' holdings company.

Tan was coach of the University of the East  basketball team in this year's Universities Athletic Association of the Philippines ( UAAP) where the Red Warriors finished with four wins and 10 losses.   

He was also director and president of Tanduay Distillers, Inc. and Eton Properties Philippines, Inc.; director and executive vice president of Fortune Tobacco Corp.; director of AlliedBankers Insurance Corp., Philippine Airlines, Inc., Philippine National Bank, LT Group, Inc.. 

He also a director of MacroAsia Corp., Victorias Milling Company Inc., PMFTC Inc., Lucky Travel Corp., Air Philippines Corp., Absolut Distillers, Inc., Asia Brewery, Inc., Foremost Farms, Inc., Himmel Industries, Inc., Progressive Farms, Inc., The Charter House, Inc., Grandspan Development Corporation and Shareholdings, Inc.  DMS