In this file photo taken on May 16, 2013, Philippine property tycoon Henry Sy arrives for the opening of one of his shopping malls, the SM Aura, in Manila.The Philippines’ wealthiest man Henry Sy, who rose from being a penniless Chinese immigrant to leading a multi-billion dollar business empire, died on January 19, 2019, his conglomerate has announced. (AFP/Ted Aljibe)

The Philippines’ wealthiest man Henry Sy, who rose from being a penniless Chinese immigrant to leading a multi-billion dollar business empire, died on Saturday, his conglomerate has announced.

The 94-year-old, from the Chinese city of Xiamen, made his fortune with a Philippine shopping centre conglomerate that has put up some of the largest malls in the world.

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