Bienvenido “Benny” Tantoco Sr., founder of the Rustan Group of Companies, died on Tuesday, July 6, his family confirmed. He was 100.

“He was a beloved grandfather and great grandfather. He was a loving grandfather, particularly to Donnie Tantoco, MJ Tantoco, and Chris Tantoco, who he fondly considered as his sons,” the family’s statement read.

The family did not disclose the cause of death.

Tantoco pioneered luxury retail in the Philippines with his late wife Gliceria Rustia-Tantoco in 1952 by opening the first Rustan’s store in old Manila’s San Marcelino Street.

Almost seven decades since then, Rustan’s has opened five major department stores in the country and licensed over 2,000 international brands.

Other companies under the Rustan Group include listed firm Stores Specialists Incorporated, Santa Elena Realty, Royal Duty Free Stores, Rustan Coffee, and Adora.

Tantoco also served as the Philippine ambassador to the Vatican in 1983. He was relieved of his diplomatic post in 1986 after dictator Ferdinand Marcos was ousted through the People Power Revolution.

The patriarch is survived by his children Rico Tantoco and wife Nena; Nedy Tantoco and longtime partner Patrick Jacinto; Menchu Lopez and husband Jun; Marilou Pineda and husband Eddie; Marilen Tantoco; and Maritess Enriquez and husband Renato.

“Beyond his reputation, he is mostly admired for his love for God, family, friends, and his extended family of staff and employees,” the Tantoco family said. – Rappler.com