Henry Sy’s profile picture

Henry Sy

Henry Sy’s profile picture
Net worth 2018: $19.62 Billion
Industry: Diversified
Residence: Manila, Philippines
Country: Philippines
BirthDay: 25 October 1924
Sigh: Scorpio
Children: 6
Education: Bachelor of Arts / Science, Far Eastern University
BIOGRAPHY

Henry Sy was bornon 25 October 1924 in Manila, Philippines, Philippines. Henry Sy is #54 in List Billionaires People In The World. Henry Sy is chairman emeritus of SM Investments, one of Philippines' largest conglomerates which saw $6.7 billion in revenue in 2016. He started out by learning the ropes of retail beside his father in the family's convenience store. After saving enough money, he went out on his own and started his first business with a footwear shop. Sy has topped the Forbes Philippines Rich List for ten years in a row.

NET WORTH STATISTIC
2009

$2.7 Billion

2010

$4.2 Billion

2011

$5.8 Billion

2012

$8 Billion

2013

$13.2 Billion

2014

$11.4 Billion

2015

$14.2 Billion

2016

$12.9 Billion

2017

$12.7 Billion

2018

$19.62 Billion

You have to have a dream, whether big or small. Then plan, focus, work hard and be very determined to achieve your goals. There is no substitute for hard work.

Henry Sy
TIMELINE
2017

In 2017, Sy stepped down as chairman of SM Investments Corporation

2015

In 2015, Forbes magazine listed him as the richest man in the Philippines, ahead of 11 other billionaires including John Gokongwei and Lucio Tan

2010

Earlier, he was the second-wealthiest individual in the Philippines, next to Lucio Tan, and (as of 2010) 201st-wealthiest in the world

2008

Forbes magazine's 2008 list of 40 wealthiest Filipinos revealed the Sy family's net worth was $6

2007

He sold that stake in October 2007 for $680 million

2006

In 2006, he bought the remaining 66% of Equitable PCI Bank which is merged with BDO today, the Philippines' third largest lender, in which he already had a 34% stake, and merged it with Banco de Oro in 2007

2005

In August 2005, Sy's stake in the San Miguel Corporation, Southeast Asia's largest food and beverage conglomerate, reached 11%

1999

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

1985

On November 8, 1985, he established his first SM Supermalls, SM City North EDSA

1972

In November 1972, the small shoe store became SM Quiapo, SM's first stand alone department store

1956

In 1956, Sy established a small shoe store in Quiapo, Manila that marked the establishment of SM Prime Holdings

1950

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

1924

Henry Sy was born to a poor family in Ankhue Village, Jinjiang City Fujian, Province of China on October 25, 1924

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