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Bienvenido Tantoco Sr. Edit Profile

Businessman

Bienvenido Tantoco, Sr is the owner of Rustans, which he co-founded with his wife, the late Gliceria Rustia in 1951. He also served as the Philippine Ambassador to Vatican. In 2010, Forbes listed him as the 34th richest Filipino with a networth of USD95 million.

Career

The husband and wife combined the first syllables of their last name and came up with, “Rustans”. In 1971, he opened the first Rustan’s Supermarket in Highway 54.

Tantoco established several companies under the Rustan’s brand. Among them:

Rustan’s Supercenters, Inc.

Shopwise

Store Specialist Inc.

Rustan’s Marketing Corporation

Rustan’s Marketing Specialists, Inc.

Rustan Coffee

Recently, Tantoco sold over one-third stake in subsidiary Rustan Supercenters, Inc. (RSCI) which operates group's supermarket chains, to Dairy Farm, retailing unit of Hong Kong's Jardine Matheson, for an undisclosed amount.

Connections

Wife:
Gliceria Rustia Tantoco

Son:
Bienvenido “Rico” Tantoco III

Daughter:
Zenaida “Nedy” Tantoco
Zenaida “Nedy” Tantoco - Daughter of Bienvenido Tantoco Sr.

Daughter:
Menchu T. Lopez

Daughter:
Marilou T. Pineda

Daughter:
Marilen T. Valbuena

Daughter:
Maritess T. Enriquez