Thursday, January 19, 2012

Henry H. Sy-Philippines' Retail King


Mr. Henry H. Sy-Philippines' malls mogul


If the US has Sam Walton (Walmart founder) as retail king, the Philippines has HENRY HAN SY as the country's Retail king and mogul. He is the founder of SM corporation that manages and owns 41 super malls across the country.

Henry Sy's vast business experience has him served as direcotrs to different corporations that he helped and lead to business success. Some of these corporation which he served as directors are San Miguel Corporations, China Banking corp. Kwppel Philippines Marine Inc.,Keppel Phillippines Holdings,Republic Glass Holdings, De La Salle University Keppel Philippines Properties, Sm Lands, BDO Unibank Inc., Highlands Prime Inc., SM Investments Corp.,and De La Salle University, Incorporated. He is connected to 42 board members in 7 different organization in 12 different industries. At the age of 86, he still acts the Chairman of SM investments Corporation and SM Development Corp.

Mr. Henry Sy would always say that as long as he lives, he will be working and will always stay close to his stores that he loves most.

Born on December 25, 1923,  his ethnic Chinese is traced to Han Chinese. His business success story started with a small shoe store in downtown Escolta that he set up in 1946 right after  World War II when the people are still struggling from the devastation brought by the war. He took his college when he was already making bigplans for his small shoe store and as soon as he got his Bachelor Degree in Commercial Science , he begun his business journey and work hard to become the Retail King of the Philippines. He is considered as a Tai-Pan with estimated $7.2 billion assests. He is included in Forbes Magazine  listing as top Philippine Billionaire.

He was awarded his honorary Doctorate by De La Salle Incorporated. He obtained his doctorate in the same university but obtained his bachelor degree of Coomercial Science at Far Eatern University.

Mr. Henry Sy is not only a dedicated businessman but also a dedicated husband to his wife Felicidad Tan Sy. He is also a devoted father to his six children who are now helping in running his business empire.

The man is still remain smart and active and fondly says that his love for working is what makes him live longer and smarter. Mr. Henry Sy is proved to be a Philippine business icon who describes his self as Filipino on a Chinese working shirt and shoes.