Bienvenido Tantoco Sr. is a Filipino businessman and former ambassador to the Vatican who has an impressive net worth of $195 million. He and his wife established Rustan Commercial Corporation in 1951, which has since become the country's leading upscale department store and supermarket chain. This is the source of his wealth and has enabled him to become one of the wealthiest people in the Philippines.
Bienvenido Tantoco Sr. is a member of Executives
💰Bienvenido Tantoco Sr. Net worth: $195 Million
Focusing on luxurious goods, the company offers a wide range of products including high-end clothes, shoes, jewelry and cosmetics, as well as furniture and home decor. In 2012, Rustan Commercial Corporation's capacity got estimated at $195 million. The day-to-day operations of the manifold companies within the chain of Rustan's are currently in the hands of Tantoco's children and grandchildren, with whom he shares the riches.
