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in
January of that year. He and his wife established the SM Foundation Inc., which helps underprivileged youths, the disabled and the elderly. He established business presence in Mainland China when the SM Group opened its first shopping mall in his native Xiamen. Other malls were later set up in
603:, Manila in 1948. He opened at least three shoe stores in the Carriedo area which was then known for its heavy pedestrian traffic. His decision to sell shoes was due to the losses his family experienced in World War II thinking that everyone would need shoes following the aftermath of the
1102:
733:, Elizabeth, Henry Jr., Hans, Herbert, and Harley. Teresita and Henry Jr. are vice chairpersons of SM Investments, under chairman Jose Sio, a longtime lieutenant of Henry Sr. Harley is executive director of SM.
709:
In 2017, Sy stepped down as chairman of SM Investments
Corporation and was given the honorary title of Chairman Emeritus as recognition for being the founder of the SM Group. Jose Sio succeeded Sy as chairman.
567:, the store was obliterated along with the rest of Manila. His family decided to return to China, but Sy stayed in the Philippines, where he completed his secondary education at an institution now known as the
1110:
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In his twenties, Sy became a store manager working for an
American business involved in the local shoe industry in the Philippines; he opened his first sole-proprietorship store in
1229:
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698:, the Philippines' third largest lender, and merged it into BDO the following year. The transaction turned BDO into the second largest financial company in the country.
1151:
The mall that started it all: Celebrating 25 years of SM City North EDSA by Wilson Lee Flores – The
Philippine Star » Lifestyle Features » Sunday Life
563:, where his father set up a shop that sold various household items. At his father's store, Sy helped his father sell rice, sardines and other items. Following
1150:
717:. The huge gain was due to his holding company, SM Investments, which possessed interests in BDO, inter alia. For 11 straight years until his death in 2019,
498:, he moved with his family to the Philippines at age 12. His family would later return to China, with Henry staying behind to establish ShoeMart, a small
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686:(also known as SM Group), has been frequently named as one of the best managed companies in the Philippines. SM Investments is the operator of
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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
1502:
644:. In the early 1990s, SM started opening more shopping malls with the setting up of two malls in Metro Manila and a solitary mall in
1237:
912:
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Sy died in his sleep on
January 19, 2019, aged 94. He was discovered on the morning of that day, in his home in
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in the
Philippines and China, 62 department stores, 56 supermarkets and over 200 grocery stores. SM also owns
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846:
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17:
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ranked him as the richest person in the
Philippines, with an estimated net worth of US$ 19 billion in 2019.
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536:
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as the richest person in the
Philippines. When he died, his net worth was estimated at US$ 19 billion.
183:
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Sy became involved in the
Filipino banking industry when he acquired Acme Savings Bank (later renamed
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880:"Henry Sy, Sr.: 'In good times, I do my usual work. But in bad times, I work harder.' | Philstar.com"
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817:
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Sy had several grandchildren, including the deceased Jan Catherine Sy, from his son Henry Jr.
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Sy was married to Felicidad Tan, who was a shoelace vendor. The couple had six children:
555:, on October 15, 1924. At age 12, he and his family moved to the Philippines during the
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1103:"How SM's Henry Sy Started with Ten Centavos and Became Southeast Asia's Richest Man"
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980:[Friends and relatives at home and abroad memorial spring business leader].
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in 1958, his own small shoe store in Quiapo, which then marked the beginning of
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Henry H. Sy and Tan O Sia - Adrian Sy & Encarnacion Sy (Garcia) Mausoleum,
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He was the Philippines' richest man, gaining $ 5 billion in 2010, after the
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He sold surplus G.I. boots and bankrolled the profits prior to establishing
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952:"Henry Sy, 94, Dies; Philippines' Richest Man and a Shopping Mall Tycoon"
848:
Biographical Dictionary of New Chinese Entrepreneurs and Business Leaders
35:
514:, the largest bank in the Philippines, as well as real estate holdings.
459:
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506:, one of the largest conglomerates in the Philippines, including 49
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491:; October 15, 1924 – January 19, 2019) was a Filipino businessman.
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and earned his Associate of Arts degree in commercial studies at
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shoe store, in 1958. Over the decades he developed ShoeMart into
386:
39:
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to run the store. On November 8, 1985, he established his first
1396:
1153:. Philstar.com. August 15, 2010. Retrieved on January 11, 2012.
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1132:
Philippines mall mogul rakes it in as crisis hits rich: Forbes
439:
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748:. The interment took place at the Heritage Memorial Park in
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For eleven straight years until his death, Sy was named by
1286:"SM tycoon's granddaughter Jan Catherine Sy dies at 29"
436:
367:
353:
333:
319:
305:
1215:"(UPDATE 2) Henry Sy son in P45-B Meralco stake bid"
816:. SM Investments Corporation webpage. Archived from
851:. Edward Elgar Publishing. 2009. pp. 160–161.
1125:
1409:
913:"Philippines' Richest Man, Henry Sy, Dies At 94"
705:Sy during the SM Scholar Graduates Batch of 2017
48: and the surname or paternal family name is
1004:"SM celebrates birth month of founder Henry Sy"
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1371:"Henry Sy Sr. laid to rest in Taguig City"
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694:. In 2006, Sy bought the remaining 66% of
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1230:"Henry Sy steps down as chairman of SMIC"
1197:"SM's Henry Sy hikes stake in SMC to 11%"
949:
1314:"Philippines' richest man Sy dies at 94"
1065:"Henry Sy Sr.: The Man Truly Has It All"
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832:
776:pays his last respects, January 20, 2019
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1488:Naturalized citizens of the Philippines
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1473:Filipino chairpersons of corporations
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1261:"FAST FACTS: Remembering Henry Sy Sr"
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950:Gutierrez, Jason (January 20, 2019).
910:
27:Filipino business magnate (1924–2019)
1448:Chinese emigrants to the Philippines
1368:
1259:Gavilan, Jodesz (January 19, 2019).
1228:Austria, Jennifer (April 26, 2018).
1100:
1063:Bignotia, Carmela (March 10, 2007).
1032:de la Cruz, Mio (January 11, 2009).
906:
904:
902:
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790:Fort Bonifacio, Taguig, Metro Manila
788:Tomb at the Heritage Memorial Park,
1171:"Henry Sy stays in Forbes' top 100"
24:
1503:People named in the Pandora Papers
1369:Adel, Rosette (January 24, 2019).
1156:
911:Olsen, Robert (January 19, 2019).
675:In August 2005, Sy's stake in the
652:was incorporated in 1994 and went
25:
1519:
1217:. ABS CBN News. October 30, 2009.
897:
1395:
1338:Lopez, Tony (January 23, 2019).
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551:in Fujian, then still under the
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579:in 1950. At school, he learned
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1453:Far Eastern University alumni
1034:"Stepping Up to the Big Time"
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1493:People from Jinjiang, Fujian
1433:Burials at The Heritage Park
1101:Chua, Paolo (June 2, 2018).
628:In November 1972, he opened
7:
1443:Businesspeople in retailing
116:Sy Chi Sieng (Shī Zhìchéng)
10:
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1438:Businesspeople from Fujian
715:2007–2008 financial crisis
428:Henry Tan Chi Sieng Sy Sr.
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531:Henry Sy, also known as
527:Early life and education
257:Traditional Chinese
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1508:Retail company founders
1141:. AFP October 15, 2008.
569:Chiang Kai Shek College
553:Republic of China (ROC)
422:Manila Chinese Cemetery
271:Simplified Chinese
982:Quanzhou Business News
706:
682:Sy's holding company,
677:San Miguel Corporation
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661:De La Salle University
577:Far Eastern University
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194:Far Eastern University
1463:Filipino billionaires
1137:May 20, 2011, at the
704:
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419:
1404:at Wikimedia Commons
1240:on September 7, 2018
814:"Board of Directors"
1376:The Philippine Star
1350:on October 19, 2020
1113:on January 25, 2019
1071:on October 17, 2007
746:Forbes Park, Makati
690:(BDO) and owner of
1498:People from Makati
1483:Filipino investors
1318:Yahoo! Philippines
1203:. August 13, 2005.
1107:Town & Country
958:. Associated Press
707:
696:Equitable PCI Bank
673:
642:SM City North EDSA
537:Philippine Hokkien
425:
1400:Media related to
1340:"The dream maker"
1044:on March 30, 2013
1010:. October 9, 2021
757:Death of Henry Sy
752:, on January 24.
650:SM Prime Holdings
625:or BDO) in 1967.
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294:Standard Mandarin
237:Teresita Sy Coson
138:Republic of China
38:or maternal
16:(Redirected from
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1346:. Archived from
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1294:. March 19, 2021
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1236:. Archived from
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1109:. Archived from
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1067:. Archived from
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1040:. Archived from
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1380:. Retrieved
1374:
1364:
1352:. Retrieved
1348:the original
1343:
1333:
1321:. Retrieved
1317:
1308:
1296:. Retrieved
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1244:September 7,
1242:. Retrieved
1238:the original
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1111:the original
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1069:the original
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1046:. Retrieved
1042:the original
1037:
1012:. Retrieved
1008:ABS-CBN News
1007:
998:
986:. Retrieved
984:(in Chinese)
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960:. Retrieved
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920:. Retrieved
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887:. Retrieved
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862:. Retrieved
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822:. Retrieved
818:the original
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688:Banco de Oro
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638:SM Supermall
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623:Banco de Oro
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565:World War II
541:Shī Zhìchéng
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533:Sy Chi Sieng
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512:Banco de Oro
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485:Zhuyin Fuhao
480:Shī Zhìchéng
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336:Shih Chih-ch
307:Shī Zhìchéng
301:Hanyu Pinyin
251:Chinese name
173:Metro Manila
150:(2019-01-19)
78:
66:
59:Chinese name
49:
43:
1423:2019 deaths
1418:1924 births
1382:January 24,
1354:January 25,
1323:January 19,
1270:January 20,
1181:January 21,
1117:January 25,
1075:October 16,
1048:January 11,
1014:October 10,
988:January 28,
962:January 25,
922:January 21,
889:February 2,
864:January 25,
470:Si Chì-sêng
396:Si Chì-sêng
216:Founder of
208:Businessman
180:Nationality
63:family name
40:family name
36:middle name
1412:Categories
800:References
772:President
671:Sy in 2009
465:Pe̍h-ōe-jī
329:Wade–Giles
205:Occupation
122:1924-10-15
106:Sy in 2017
1298:March 19,
692:Chinabank
646:Cebu City
630:SM Quiapo
190:Education
1402:Henry Sy
1135:Archived
824:June 15,
731:Teresita
634:Teresita
616:SM Prime
612:Shoemart
585:Filipino
549:Jinjiang
545:Mandarin
508:SM malls
494:Born in
489:ㄕ ㄓˋ ㄔㄥˊ
321:ㄕ ㄓˋ ㄔㄥˊ
315:Bopomofo
232:Children
184:Filipino
130:Jinjiang
85:Henry Sy
57:In this
30:In this
1291:Rappler
1265:Rappler
589:Tagalog
581:English
449:Chinese
387:Hokkien
338:ʻ
917:Forbes
855:
750:Taguig
719:Forbes
654:public
601:Quiapo
595:Career
559:under
520:Forbes
500:Manila
496:Fujian
487::
477::
475:pinyin
467::
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224:Spouse
169:Taguig
156:Makati
134:Fukien
61:, the
34:, the
740:Death
1384:2019
1356:2019
1325:2019
1300:2021
1272:2019
1246:2018
1183:2019
1119:2019
1077:2007
1050:2012
1016:2021
990:2019
964:2019
924:2019
891:2024
866:2019
853:ISBN
826:2018
583:and
198:A.A.
145:Died
112:Born
605:war
591:).
571:in
543:in
535:in
390:POJ
363:IPA
340:eng
277:施至成
263:施至成
93:施至成
72:See
65:is
45:Tan
42:is
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447:;
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51:Sy
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460:成
457:至
454:施
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