FAST FACTS: Remembering Henry Sy Sr

Features Philippines Jan 25, 2019 at 4:07 pm

MANILA, Philippines – The Philippines’ richest man Henry Sy Sr died on Saturday, January 19, at the age of 94.

Born Sy Chi Sieng on October 15, 1924, Sy lived in Xiamen in China’s Fujian province where many Filipino-Chinese trace their roots. At 11 years old, Sy left his family and followed his father to the Philippines. (READ: FAST FACTS: SM Investments Corporation)

Sy worked in his father’s sari-sari store in Quiapo until after World War II, when his father returned to China. Sy eventually went to school and obtained an associate degree in commercial studies at the Far Eastern University.

In the 1950s, Sy ventured into the business of selling surplus boots. He eventually opened ShoeMart in 1958 along Carriedo in Manila.

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