Conrado "Dado" Banatao is a Filipino-American engineer who made a fortune in the US after inventing a computer chip used by computers everyday. He is estimated to have a $5 billion fortune, according to those who knew him, because of this computer chip. Banatao, now managing partner of Tallwood Venture Capital, and his Filipino wife now live in California in a $20 million house.
Banatao was born in an Ibanag barangay called Maladbac at the town of Iguig, north of Tuguegarao, Cagayan province. He had to work as a parish priest-sacristan just to pay for his tuition at the Ateneo de Tuguegarao and for his other needs.
In a newspaper interview of his former schoolmate lawyer-sportsman-businessman “Boy” Reyno, Banatao is said to have belonged to “Class C” of average students. After graduation in 1961, Banatao went on to study electrical engineering at Mapua Institute of Technology after which he was hired by PAL and worked in California. Soon enough, Banatao worked at the Silicon Valley where he made his fortune.
Banatao flies his two Lear Jets to New York and other US capitals and has about 20 venture capital firms to his name. He is relatively unknown, because he doesn’t go around publicizing his name. He had been to the Philippines several times, trying to interest tycoons like Jaime Zobel de Ayala to join hands with him. He is said to be a trustee of Ayala International.
- Name: Conrado "Dado" Banatao
- Place of Birth: Iguig, North Tuguegarao, Cagayan Province
- School Attended:
- Electrical Engineering, Mapua Institute of Technology
- Tallwood Venture Capital