Henry Sy

Henry Sy
施至成
Sy in 2017
Born
Sy Chi Sieng (Shī Zhìchéng)

(1924-10-15)October 15, 1924
DiedJanuary 19, 2019(2019-01-19) (aged 94)
Makati, Philippines
Resting placeHeritage Park, Taguig, Metro Manila, Philippines
NationalityFilipino
EducationFar Eastern University
Occupation(s)Businessman, investor
Known forFounder of SM Investments[1]
SpouseFelicidad Tan Sy
Children6, including Teresita Sy Coson
Chinese name
Traditional Chinese施至成
Simplified Chinese施至成
Henry H. Sy and Tan O Sia - Adrian Sy & Encarnacion Sy (Garcia) Mausoleum, Manila Chinese Cemetery

Henry Tan Chi Sieng Sy Sr. (Tagalog: [ˈɛnɾi si]; Chinese: ; pinyin: Shī Zhìchéng; Pe̍h-ōe-jī: Si Chì-sêng; Zhuyin Fuhao: ㄕ ㄓˋ ㄔㄥˊ;[2] October 15, 1924 – January 19, 2019) was a Filipino businessman, investor, and philanthropist.

Born in Fujian, he moved with his family to the Philippines at age 12.[3] His family would later return to China, with Henry staying behind to establish ShoeMart, a small Manila shoe store, in 1958. Over the decades he developed ShoeMart into SM Investments, one of the largest conglomerates in the Philippines, including 49 SM malls in the Philippines and China, 62 department stores, 56 supermarkets and over 200 grocery stores. SM also owns Banco de Oro, the second-largest bank in the Philippines, as well as real estate holdings.[4]

For eleven straight years until his death, Sy was named by Forbes as the richest person in the Philippines.[5] When he died, his net worth was estimated at US$19 billion.[4]

  1. ^ "Board of Directors". SM Investments Corporation webpage. Archived from the original on June 15, 2018. Retrieved June 15, 2018.
  2. ^ Biographical Dictionary of New Chinese Entrepreneurs and Business Leaders. Edward Elgar Publishing. 2009. pp. 160–161. ISBN 978-1848449510. Retrieved January 25, 2019.
  3. ^ "Henry Sy, Sr.: 'In good times, I do my usual work. But in bad times, I work harder.' | Philstar.com". www.philstar.com. Retrieved February 2, 2024.
  4. ^ a b Olsen, Robert (January 19, 2019). "Philippines' Richest Man, Henry Sy, Dies At 94". Forbes. Retrieved January 21, 2019.
  5. ^ Cite error: The named reference :henrysynyt was invoked but never defined (see the help page).