Henry Sy - $4.0 billion -He owns SM group with 27 shopping malls in the Philippines and several others in China. He also owns Banco de Oro Universal Bank and has substantial shares in China Banking Corp. and Equitable PCI Bank. He also owns Highlands Prime Holdings, a high-end property developer.
Henry Sy, Sr. (born December 25, 1924) is the founder and chairman of SM Prime Holdings, the largest retailing corporation in the Philippines. He earned his Associate of Arts degree in Commercial Studies at Far Eastern University in 1950. Acknowledged as the country’s "Retail King," he has come a long way from the modest shoe store he set up in Quiapo in 1946, to become the owner of the Philippines’s biggest chain of shopping malls.
Henry Sy is the wealthiest individual in the Philippines and (as of 2007) 349th in the world. Forbes magazine estimates his wealth at $2.6 billion, but some estimate Sy's assets to total US$5 billion far higher than the $1.7 billion that forbes......
Join Now or Login to view the rest of this paper.
Approximate Word Count: 2523
Approximate Pages: 10 (260 words per double-spaced page) |