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Jan 19 19, 5:48 am

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Henry Sy Sr. passes away at 94

by | News

Jan. 19, 19 | 5:48 am

Business tycoon and Philippines’ richest man Henry Sy Sr. passed away on Saturday, January 19.

In a statement, the SM Supermalls management confirmed that the 94-year-old businessman has “peacefully died in his sleep”.

“With deep sadness, I would like to inform the group that our beloved Chairman Tatang, Mr. Henry Sy Sr, passed away peacefully in his sleep early Saturday morning. Please pray for the eternal repose of his soul,” Steven Tan, SM Supermalls COO, said.

The management added that details on the businessman’s wake and interment are still being finalized.

Sy started in the business industry as the owner of the Shoemart footwear shop in Manila. The business grew and has become one of the biggest commercial hubs in the country.

In 2018, Forbes Asia Magazine also hailed Sy as the richest person in the Philippines for the 11th year in a row with an estimated net worth of $18.3 billion.

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Wuhan seafood market may not be the source of nCoV -expert

Wuhan seafood market may not be the source of nCoV -expert

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It has a print run of 60,000 copies and 250,000 readership per week; bolstered by 2.5 million visitors to its website every month. It also has an e-newsletter sent to its 250,000 subscribers every day.

The Filipino Times is FREE and has the widest targeted circulation across the 7 emirates of the UAE.

With more than 2,500 strategic distribution spots, TFT is available where the Filipinos are - at Smart Bus Shelters, Metro Stations, restaurants, supermarkets, schools, airport lounges, Emirates and Etihad Philippine-bound flights, churches, Filipino community events and many more.

THE FILIPINO TIMES. We are where the Filipinos are.

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