Early Life
Eusebio “Yosi” Tanco, a man of diverse interests and numerous ventures, began his journey as the son of Agustin Tanco, a textile tycoon. He graduated from Ateneo de Manila University with a Bachelor of Science in Economics and later obtained a Master of Science in Economics and Political Science from the London School of Economics in 1973. This academic foundation laid the groundwork for his future business endeavors.
Rise to Success
Tanco's career began in the insurance and property industries in the mid-1970s. He then entered the education sector, turning around the STI Education Systems Holdings, a leading educational institution with over 60 schools across the Philippines. His shift to online gaming with DigiPlus Interactive Corp. significantly boosted his wealth. In 2024, he ranked No. 18 on Forbes' Philippines 50 Richest list. DigiPlus's success, particularly with online gaming platform BingoPlus, has been a key driver of his wealth.
Key Business Strategies
Tanco's business acumen is marked by his adaptability and forward-thinking approach. He diversified his investments to include ports through Asian Terminals Inc. (ATI), which has expanded its operations in Batangas and Manila. His strategy included building a strong user base in digital platforms, complemented by physical sites, to dominate the entertainment industry. Further expansion plans include Brazil and South Africa, and investments in STI Education.
Philanthropy
While specific details on Eusebio Tanco's philanthropic endeavors are not readily available, it is known that he is committed to providing quality education through STI Education Systems, which he leads. This commitment to education indicates his dedication to social responsibility and community development.