As per our current Database, Henry Sy is still alive (as per Wikipedia, Last update: May 10, 2020).
Currently, Henry Sy is 99 years, 4 months and 6 days old. Henry Sy will celebrate 100rd birthday on a Friday 25th of October 2024. Below we countdown to Henry Sy upcoming birthday.
|99 years old
|October 25, 1924 (Manila, Philippines, Philippines)
|Manila, Philippines, Philippines
Henry Sy’s zodiac sign is Scorpio. According to astrologers, Scorpio-born are passionate and assertive people. They are determined and decisive, and will research until they find out the truth. Scorpio is a great leader, always aware of the situation and also features prominently in resourcefulness. Scorpio is a Water sign and lives to experience and express emotions. Although emotions are very important for Scorpio, they manifest them differently than other water signs. In any case, you can be sure that the Scorpio will keep your secrets, whatever they may be.
Henry Sy was born in the Year of the Rat. Those born under the Chinese Zodiac sign of the Rat are quick-witted, clever, charming, sharp and funny. They have excellent taste, are a good friend and are generous and loyal to others considered part of its pack. Motivated by money, can be greedy, is ever curious, seeks knowledge and welcomes challenges. Compatible with Dragon or Monkey.
You have to have a dream, whether big or small. Then plan, focus, work hard and be very determined to achieve your goals. There is no substitute for hard work.
Henry Sy was born to a poor family in Ankhue Village, Jinjiang City Fujian, Province of China on October 25, 1924. He is the son of Henry H. Sy and Domini Magdaraog.
He completed his secondary education in a school now known as Chiang Kai Shek College and earned his Associate of Arts degree in Commercial Studies at Far Eastern University in 1950.
In 1956, Sy established a small shoe store in Quiapo, Manila that marked the establishment of SM Prime Holdings. In November 1972, the small shoe store became SM Quiapo, SM's first stand alone department store.
On November 8, 1985, he established his first SM Supermall, SM City North EDSA.
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 De La Salle University in January of that year. He organized the SM Foundation Inc., which helps underprivileged and promising young Filipinos.
In August 2005, Sy's stake in the San Miguel Corporation, Southeast Asia's largest food and beverage conglomerate, reached 11%. He sold that stake in October 2007 for $680 million.
Sy is considered a tai-pan. The Sy group is the operator of Banco de Oro and owner of Chinabank. In 2006, he bought the remaining 66% of Equitable PCI Bank which is merged with BDO today, the Philippines' third largest lender, in which he already had a 34% stake, and merged it with Banco de Oro in 2007. The merger created the Philippines' second largest financial institution with resources of close to $17 billion.
He is the Philippines' richest man, gaining $5 billion in 2010, amid the global financial crisis. The huge gain was due to his holding company, SM Investments Corporation, which has interests in Banco de Oro, inter alia. Forbes magazine's 2008 list of 40 wealthiest Filipinos revealed the Sy family's net worth was $6.2 billion. Earlier, he was the second-wealthiest individual in the Philippines, next to Lucio Tan, and (as of 2010) 201st-wealthiest in the world.
In 2017, Sy stepped down as chairman of SM Investments Corporation.