{"id":76024,"date":"2024-03-03T14:07:42","date_gmt":"2024-03-03T14:07:42","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=76024"},"modified":"2024-03-03T14:07:42","modified_gmt":"2024-03-03T14:07:42","slug":"henry-sy-net-worth","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/henry-sy-net-worth\/","title":{"rendered":"Henry Sy Net Worth"},"content":{"rendered":"<div itemprop=\"articleBody\">\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/henry-sy-net-worth\/#Henry_Sy_Net_Worth_and_Biography\" title=\"Henry Sy Net Worth and Biography\">Henry Sy Net Worth and Biography<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/henry-sy-net-worth\/#Highlights\" title=\"Highlights\">Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/henry-sy-net-worth\/#Early_Life\" title=\"Early Life\">Early Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/henry-sy-net-worth\/#Career\" title=\"Career\">Career<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/henry-sy-net-worth\/#Personal_Life\" title=\"Personal Life\">Personal Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/henry-sy-net-worth\/#Net_Worth_Over_Time\" title=\"Net Worth Over Time\">Net Worth Over Time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/henry-sy-net-worth\/#Components_of_Net_Worth\" title=\"Components of Net Worth\">Components of Net Worth<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Henry_Sy_Net_Worth_and_Biography\"><\/span><strong>Henry Sy Net Worth and Biography<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tr>\n<th>Net Worth<\/th>\n<th>Salary<\/th>\n<th>Birthdate<\/th>\n<th>Birthplace<\/th>\n<th>Gender<\/th>\n<th>Height<\/th>\n<th>Profession<\/th>\n<th>Nationality<\/th>\n<\/tr>\n<tr>\n<td>$19 billion<\/td>\n<td>N\/A<\/td>\n<td>N\/A<\/td>\n<td>Xiamen, China<\/td>\n<td>Male<\/td>\n<td>N\/A<\/td>\n<td>Businessman<\/td>\n<td>Philippine<\/td>\n<\/tr>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"Highlights\"><\/span>Highlights<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nHenry Sy, the late Filipino businessman, had a net worth of $19 billion at the time of his death in 2019. He was considered the richest person in the Philippines during his lifetime. Sy was the founder and chairman of SM Investments, a conglomerate involved in property development, banking, and retail. He also owned significant stakes in other companies such as SM Prime Holdings, Belle Corp, China Banking, and BDO Unibank.\n<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Early_Life\"><\/span>Early Life<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nHenry Sy was born in Xiamen, China, to a poor family. He later migrated to the Philippines and graduated from Far Eastern University in Manila with a degree in Commercial Studies. It was in the late 1950s that he opened his first shoe store in Manila, marking the start of his entrepreneurial journey.\n<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Career\"><\/span>Career<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nSy&#8217;s shoe store in Manila eventually evolved into SM Quiapo, the first standalone department store for his company, SM Prime Holdings. Over time, SM Quiapo grew into SM Supermall, which became the flagship establishment of SM Prime Holdings, the largest and most successful mall development firm in Manila. Henry Sy&#8217;s empire expanded to include 42 malls, making him the country&#8217;s largest retailer. Besides his retail ventures, he also owned a significant stake in Atlas Consolidated Mining and served as the chairman of Banco de Oro.\n<\/p>\n<p>\nIn 2007, Sy acquired Equitable PCI Bank and merged it with Banco de Oro, creating the second largest financial conglomerate in the Philippines. This move further propelled his success and influence in the financial sector.\n<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Personal_Life\"><\/span>Personal Life<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nHenry Sy passed away on January 19, 2019, at the age of 94. He left behind a legacy as one of the most prominent businessmen in the Philippines. He was known for his humble beginnings, hard work, and dedication to his businesses. Sy was also recognized for his philanthropy, contributing to various charitable causes throughout his life.\n<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Net_Worth_Over_Time\"><\/span>Net Worth Over Time<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAs mentioned earlier, Henry Sy&#8217;s net worth at the time of his death was estimated at $19 billion. His wealth primarily stemmed from his ownership of SM Investments, where he held a 56 percent stake. The Sy family also owns 20 percent of SM Prime Holdings and had significant investments in Belle Corp, China Banking, and BDO Unibank.\n<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Components_of_Net_Worth\"><\/span>Components of Net Worth<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nHenry Sy&#8217;s net worth comprised his ownership stakes in various companies, including SM Investments, SM Prime Holdings, Belle Corp, China Banking, and BDO Unibank. It is important to note that these figures are approximate and subject to change over time due to market fluctuations and other factors.\n<\/p>\n<p>\nIn conclusion, Henry Sy, the legendary Filipino businessman, had a remarkable journey from humble beginnings to becoming the richest person in the Philippines. His vision and entrepreneurial spirit transformed the retail and property development landscape in his country. With his passing, his net worth serves as a testament to the incredible success he achieved throughout his lifetime.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Henry Sy Net Worth and Biography Net Worth Salary Birthdate Birthplace Gender Height Profession Nationality $19 billion N\/A N\/A Xiamen, China Male N\/A Businessman Philippine Highlights Henry Sy, the late Filipino businessman, had a net worth of $19 billion at the time of his death in 2019. He was considered the richest person in the &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Henry Sy Net Worth\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/henry-sy-net-worth\/#more-76024\">Read more<span class=\"screen-reader-text\">Henry Sy Net Worth<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86278],"tags":[],"class_list":["post-76024","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-net-worth","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Henry Sy Net Worth<\/title>\n<meta name=\"description\" content=\"Henry Sy Net Worth and Biography Net Worth Salary Birthdate Birthplace Gender Height Profession Nationality $19 billion N\/A N\/A Xiamen, China Male N\/A\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/henry-sy-net-worth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Henry Sy Net Worth\" \/>\n<meta property=\"og:description\" content=\"Henry Sy Net Worth and Biography Net Worth Salary Birthdate Birthplace Gender Height Profession Nationality $19 billion N\/A N\/A Xiamen, China Male N\/A\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/henry-sy-net-worth\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - 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