Henry Sy Sr. (October 15, 1924 – January 19, 2019) was a Filipino-Chinese https://www.wikiwhat.page/kavramlar/businessman, investor, and philanthropist. He was the founder of the SM Group, one of the largest conglomerates in the Philippines.
Key Highlights:
Founder of SM Group: Sy established what would become a retail empire, starting with a shoe store in Manila. The https://www.wikiwhat.page/kavramlar/SM%20Group now encompasses shopping malls, department stores, supermarkets, banks, and real estate.
SM Malls: He is best known for developing the SM Supermalls, which revolutionized the https://www.wikiwhat.page/kavramlar/retail%20industry in the Philippines. SM Megamall and SM Mall of Asia, for example, are among the largest shopping malls in the world.
Banking Interests: Sy controlled Banco de Oro (BDO), one of the largest https://www.wikiwhat.page/kavramlar/banking%20industry in the Philippines.
Real Estate Developer: Through SM Prime Holdings, Sy was also a major https://www.wikiwhat.page/kavramlar/real%20estate%20developer, building residential condominiums and office buildings.
Philanthropy: Sy contributed to education through the SM Foundation, providing https://www.wikiwhat.page/kavramlar/scholarship programs for underprivileged students.
Wealth: He was consistently ranked as the richest man in the Philippines by Forbes magazine. His success stemmed from his vision to provide Filipinos with accessible and diverse shopping experiences.
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