“Wealth is well known to be a great comforter.” — Plato

Until about the 1960s and 70s, Philippine business was dominated by the land-based and a few real estate wealthy families like the Zobel-Ayalas. Things changed in the 1980s in both politics and business and when the Marcos dictatorship collapsed along with its huge cronies.

Read more: https://www.bworldonline.com/henry-sy-a-hero-of-philippine-capitalism/