Billionaire Lucio Tan Hospitalized With COVID-19, Daughter Says

FILE PHOTO: Filipino tycoon Lucio Tan on July 31, 2009. (Photo: NAT GARCIA/AFP via Getty Images)
FILE PHOTO: Filipino tycoon Lucio Tan on July 31, 2009. (Photo: NAT GARCIA/AFP via Getty Images)

By Cecilia Yap

Philippine billionaire Lucio Tan has been hospitalized after testing positive for the coronavirus, his daughter Vivienne Tan said.

The 86-year-old owner of Philippine Airlines Inc. and Philippine National Bank is “in stable condition, responding well and recovering,” his daughter said in a statement.

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