Henry Sy Sr.
| Henry Sy | |
|---|---|
Henry Sy in 2009
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| Native name | 施至成 |
| Born |
October 25, 1924 Fujian, Republic of China |
| Residence | Manila, Philippines |
| Nationality | Filipino |
| Education | Far Eastern University |
| Occupation | Businessman |
| Known for | Founder of SM Group |
| Net worth | US$19.8 billion (February 2018) |
| Spouse(s) | Felicidad Tan-Sy |
| Children | 6 (inc. Teresita) |
| Parent(s) | Henry H. Sy Tan O Sia |
Henry T. Sy Sr. (Chinese: ; pinyin: Shī Zhìchéng; Pe̍h-ōe-jī: Si Chì-sêng; born on October 25, 1924) is a Chinese-Filipino business magnate, investor, and philanthropist. He is involved in the industries of real estate, hospitality, banking, mining, education, and health care. He is responsible for the establishment of SM Malls, anchored by Shoemart Department Store and Supermarket. He is the founder of SM Prime Holdings, the holding corporation for all his business interests in his vast business empire. In 2015, Forbes magazine listed him as the richest man in the Philippines, ahead of 11 other billionaires including John Gokongwei and Lucio Tan.
Henry Sy was born to a poor family in Ankhue Village, Jinjiang City Fujian, Province of China on October 25, 1924. He is the son of Henry H. Sy and Domini Magdaraog.
He completed his secondary education in a school now known as Chiang Kai Shek College and earned his Associate of Arts degree in Commercial Studies at Far Eastern University in 1950.
In 1956, Sy established a small shoe store in Quiapo, Manila that marked the establishment of SM Prime Holdings. In November 1972, the small shoe store became SM Quiapo, SM's first stand alone department store.
On November 8, 1985, he established his first SM Supermall, SM City North EDSA.
Sy was named "Richest Man of the Year" by the Makati Business Club in 1999 and was conferred an Honorary Doctorate in Business Management by De La Salle University in January of that year. He organized the SM Foundation Inc., which helps underprivileged and promising young Filipinos.
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Wikipedia