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Andrew Tan

Andrew Tan

The fifth richest man in the Philippines and 569th in the world, Andrew Tan built his wealth with the development of large apartment complexes in and around Manila. Last year, Tan purchased, in his personal capacity, the 57-storey building Torre Espacio in Madrid for about $250 million. In the same year, Alliance Global launched five new township developments and plans to accelerate office and retail projects. The company reported a net income of $460 million in 2015 and registered a 3.5 percent improvement year-on-year.