Henry Sy Net Worth - Pulptastic
Andrew Mckinney Henry Sy Net Worth
Henry Sy, a Philippine businessman, had a net worth of $19 billion dollars at the time of his death in 2019, making him the richest person in the Philippines. Born to a poor family in Xiamen, China, Sy moved to the Philippines and launched his first shoe store in Manila in the late 1950s, eventually growing it into SM Quiapo, the first standalone department store for SM. SM Prime Holdings became Manila’s largest and most successful mall development firm, with Sy owning 56 percent of SM Investments, the conglomerate consisting of property development, banking, and retail. Additionally, Sy owned 20 percent of mall operator and property developer SM Prime Holdings, 21 percent of Belle Corp, 15 percent of China Banking, and 5 percent of BDO Unibank. He died on January 19, 2019 at the age of 94.
