 |
| Henry Sy Philippines Richest Man |
Age: 86
Residence: Manila, Philippines
Source: Retail (SM Prime Holdings), self-made
Education: BA/BS, Far Eastern University
Marital Status: Married
Children: 6
Marital Status: Married
Children: 6
Henry Sy Sr., whose wealth was primarily fueled by the success of SM shopping malls, is the richest man in the Philippines for the second year in a row, according to Forbes magazine’s survey on the 40 richest Filipinos for 2010.
The mall mogul’s net worth rose to $5 billion in the Forbes 2010 survey from $3.8 billion a year earlier.Sy ranks 201st in the 2010 list of 1,011 billionaires of the world, that according to Forbes dropped from 1,125 in 2008. The 85-year-old patriarch of the Sy family made $8 million more in terms of net worth since Forbes came up with The World's Billionaires list in March 2010.
Henry Sy born December 25, 1924, is a Chinese Filipino businessman and the founder of SM Group and chairman of SM Prime Holdings, the largest retailer and shopping mall operator in the Philippines. He earned his Associate of Arts degree in Commercial Studies atFar Eastern University in 1950. Acknowledged as the country’s "Retail King," he set up a modest shoe store in Quiapo in 1946, then expanded his businesss until he became the biggest shopping mall operator with over 41 malls throughout the Philippines.
Awards:
- Management Man of the Year" by the Makati Business Club – 1999
- Honorary Doctorate in Business Management by De La Salle University-Manila in January 1999
- 40 Richest Filipinos of 2008
- Forbes magazine Heroes of Philanthropy 2009
- 1st Chinese-Filipino recipient of the PCE Big Brother of Filipino Entrepreneurs award (2006)
- 1st Chinese-Filipino recipient of the PRA President's Award (2005)
No comments:
Post a Comment