Beginnings. Henry Sy, Sr., the man behind the SM Group of Companies, was named the Philippines’ richest man anew, leading 11 other Filipinos in the world’s wealthiest list, according to a ranking published by Forbes Magazine.. Amazon CEO Jeff Bezos led the annual ranking with a fortune of $112 billion, becoming the first person to top $100 billion on the list. Gokongwei has a recorded net worth of $5.5 billion, down from $6.8 billion in 2016. Henry Sy, Sr. is a Chinese Filipino businessman with interests in retailing, real estate, hospitality, banking, mining, education including healthcare services. The Ty siblings of GT Capital — Arthur, Alfred, Alesandra and Anjanette — also debuted on the list, placing 9th with a combined net worth of $2.6 billion. Henry Sy was born in Fujian, China in 1924. As of November 2016, Henry Sy has a net worth of $14 billion. The combined $17.2 billion of the six Sy siblings includes a part of their late father’s estate and is made up largely of stakes in their publicly listed SM Investments and SM Prime. Henry Sy Net Worth. Sy topped the Forbes Philippines Rich List for eleven years in a row, through 2018, and was worth an estimated $19 billion when he died. Sy had a net worth of US$7.2 billion, according to the Bloomberg Billionaires Index, making him the richest person in the Philippines. Henry Sy Net worth He had an estimated net worth of US$19.1 billion. He is authorized as Philippines’ merchandising sovereign. He is a devout Christian and … Here's a full list of the top 20 wealthiest families in Asia: Ambani of India - net worth … Henry Sy, who became a billionaire by parlaying a shoe store into the biggest retailer in the Philippines, has died. We try to stay on top of the latest celebrity news, and celebrities that get caught, Nobody is perfect. Henry Sy net worth: Henry Sy was a Philippine businessman who had a net worth of $19 billion dollars at the time of his death in 2019. Believe it or not, Henry Sy’s story was a ‘rags to riches’ kind of tale. Henry "Bigboy" Sy Jr. on finding faith and meaning in life and work. These 10 Whopping Homes & Cars Of Celebrities Look Amazing! Henry Sy Sr.'s family may buy a stake in the company that operates the City of Dreams Manila from Macau gaming mogul Lawrence Ho. If you continue to use this site we will assume that you are ok with it. Henry is currently the richest person of Philippines. NET WORTH: US$1.8B. Philippines’ richest businessman. Good news: Everyone in the Top 10 either gained or stayed steady. Harley and Henry Sy Jr., along with Alliance Global Chairman and Megaworld founder Andrew Tan placed 1,135th, each having a net worth of $1.9 billion (P96.2 billion). A New Generation Of Tycoons Debut On 2019 Forbes Philippines Rich List, Philippines' Richest 2019: Edgar Saavedra Goes From Building For Manila's Tycoons To Bidding Against Them, Philippines' Richest 2019: With A Notable Five Deceased, A New Generation Takes The Helm, Bachelor of Arts/Science, Far Eastern University. Sy … The heirs of the late SM founder Henry Sy Sr. remain as the richest in the Philippines with a collective net worth estimated at $13.9 billion, based on the 2020 Forbes Philippines Rich List. Impact 50: Investors Seeking Profit — And Pushing For Change, Philippines' Richest 2019: Six Of The Sy Siblings Land On The List, Replacing Their Late Father As The New No. The tycoon has 6 children: Teresita Sy-Coson, Elizabeth Sy, Henry Sy Jr., Hans Sy, Herbert Sy, and Harley Sy. Scroll below and check more details information about Current Net worth as well as Monthly/Year Salary, Expense, Income Reports! (Update: We are reposting this article from 2014 on the news that Henry Sy died earlier today at the age of 94. He was 94. Henry Sy, Sr. net worth came from his business interests including SM Prime Holdings, SM Investments Corporation, Banco de Oro Universal Bank, China Banking Corporation, Belle Corporation and Highlands Prime Inc. … Henry Sy, Sr. net worth came from his business interests including SM Prime Holdings, SM Investments Corporation, Banco de Oro Universal Bank, China Banking Corporation, Belle Corporation and Highlands Prime Inc. … With a personal net worth of $2 billion, Bigboy Sy talks about how he almost went to hell before he met Jesus. With a net worth of US$12.7 billion, the 89-year-old Sy held the top spot for the 7th straight year. "I Was a Sinner": Henry Sy, Jr.'s Church Testimonial With a personal net worth of $2 billion, Bigboy Sy talks about how he almost went to hell before he met Jesus. … Henry Sy stays on top, and the list members are worth a collective $34 billion, up from last year's $22.8 billion. © 2021 Forbes Media LLC. He lives together in a house in Manila, Philippines. Richest Man in Philippines – Henry Sy. The six Sy siblings, Teresita, Elizabeth, Henry Jr., Hans, Herbert and Harley, inherited their fortune from their late father Henry Sy Sr. Their combined net worth is comprised largely of stakes held in the group's publicly-traded SM Investments and SM Prime. Early life and education. HENRY SY. He is the founder of SM Group and chairman of SM Prime Holdings, the largest retailer and shopping mall operator in the Philippines. Sy, Philippines Retail King is a Chinese Filipino businessman. The nation’s 50 wealthiest are worth a combined US$74 billion, up 12% from $65.8 billion in 2013. Then plan, focus, work hard and be very determined to achieve your goals. Henry Sy, Sr. is a Chinese Filipino businessman with interests in retailing, real estate, hospitality, banking, mining, education including healthcare services. These Are The 15 Hottest Wives And Girlfriends Of Hollywood! From Hurricane, Utah. On 25-12-1924 Henry Sy (nickname: Henry) was born in Amoy, Republic of China. On 25-12-1924 Henry Sy (nickname: Henry ) was born in Amoy, Republic of China. Henry Sy net worth is estimated at $12.7 billion as of 2015 according to Forbes. Nation sees a boost in domestic wealth, even as resource industries suffer from the market drag. The complete Forbes Philippines Rich List is available here as well as in the latest issues of Forbes Asia and [...], Henry Sy & family #1 on the The Philippines 50 Richest List - Forbes, SINGAPORE (August 27, 2015) – One of Asia’s fastest growing economies in recent years, the Philippines is seeing a boost in domestic wealth, even as its resource industries suffer from the same market drag hitting the sector throughout the region. Neither are celebrities. His net worth was estimated as $19 billion. Sy was chief executive of the National Grid Corporation of the Philippines, a private power operator; he stepped down in 2016. In fact, Sy was Forbes’ 53rd Richest World’s Billionaires List, surpassing Tesla Motors’ Elon Musk and media mogul Rupert Murdoch. Henry Sy was born on 25 December 1924, in Xiamen, China, into a relatively poor family, and is famous in the Phillipines for being the founder of the SM Group,… – Celebrity Net Worth. However, there are several factors that affect a celebrity’s net worth, such as taxes, management fees, investment gains or … Henry Sy (Net worth: 12.7 billion dollars) He is the owner of SM Malls in the Philippines. The tycoon had a net worth … He is no other than Henry Sy, the retail magnate who owns all established 33 SM Malls and also a banking magnate who owns Banco De Oro-Equitable-PCI Bank and majority share in China Bank. Si Henry Sy ay ipinanganak sa Xiamen, Tsina noong Oktubre 15, 1924. Sy finished grade school in five years instead of six. Sy sits as co-vice chairman of SM Investments, chairs SM Prime, the group’s property arm and South East Asia’s biggest property developer. After more than a decade building structures for the Philippines’ biggest developers, this 44-year-old engineer is competing head-on with some of his wealthiest customers. A lot of celebrities do not know what to do with their money anymore in 2018. He presently lives in Manila in the Philippines. Forbes estimated his net worth at $19 billion. Yes, father of: Teresita, Elizabeth, Henry Jr., Hans, Herbert, Harley. 1, Philippines' Richest Man, Henry Sy, Dies At 94, Philippines Wealthiest Family In Talks To Buy Stake In Casino Unit From Billionaire Lawrence Ho, Construction And Property Tycoons Score Big Gains On 2017 Forbes Philippines Rich List, Henry Sy Tops Forbes Philippines Rich List for Nine Years in a Row, Henry Sy Tops 2015 Forbes Philippines Rich List, Philippines' 50 Richest 2015: Henry Sy Tops The List For Eighth Straight Year, Wealth Of Philippines' 50 Richest On Forbes List Rises To US$74 Billion. Henry is Henry Sy… It is three times larger than the upcoming fortune of the richest Tycoon. All Rights Reserved, Photo by Courtesy of SM Investments Corporation. Net Worth: $19 Billion. When Sy family patriarch Henry Sy Sr. passed away in 2019, he left behind the country’s biggest conglomerate for his six children to run--as well as a hefty inheritance worth more than $19 billion (P914 billion). Forbes magazine ranked him as the richest man in the Philippines with billionaires like Lucio Tan and John Gokongwei being ranked lower than him. Wealth (Net Worth): $20 billion; Age: 93 years old; Source: Diversified; World Rank: 52; Refer this profile for more details on Henry Sy Mr. Sy opened the first ShoeMart in 1958 after a stint selling surplus boots. One of the country's most influential female business leaders is the late Henry Sy's eldest child, Teresita Sy-Coson, who co-chairs SM Investments with brother Henry Jr. Forbes estimated his net worth at $19 billion. Henry Sy leads the way. Henry Sy, who turned a shoe business into SM Investments, one of Philippines' largest conglomerates, died at age 94 on January 19, 2019. He was 94. 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