Description: (Filipino Businessman, Investor and Philanthropist)
Henry Sy Sr. established ShoeMart, a modest shoe store in Manila in 1958. Through his visionary leadership, ShoeMart evolved into SM Investments, a prominent conglomerate in the Philippines. The company now operates 49 SM malls in the Philippines and China, along with 62 department stores, 56 supermarkets, and over 200 grocery stores. Additionally, SM Investments holds Banco de Oro, the largest bank in the Philippines, and significant real estate assets. Henry Sy Sr. held the title of the wealthiest individual in the Philippines according to Forbes for eleven consecutive years until his passing.