MANILA – Before his death, tycoon Henry Sy Sr. was the Philippines’ richest man, expanding his shopping mall business into banking and real estate. Read more: https://news.abs-cbn.com/business/01/19/19/from-local-shoe-shop-to-global-conglomerate-henry-sys-list-of-companies

MANILA (6th UPDATE)—Retail tycoon Henry Sy Sr. has passed away, ABS-CBN News confirmed Saturday. He was 94.

Henry Sy, who became a billionaire by parlaying a shoe store into the biggest retailer in the Philippines, has died. He was 94.

Some of the country’s biggest and most notable names in business have issued tributes and expressions of condolences at the passing of SM Group founder Henry Sy Sr. The

The Philippines’ richest man Henry Sy Sr., founder of SM Group, has passed away on Saturday morning. He was 94.

MANILA — Malacañang on Saturday expressed condolences to the family of SM Group founder Henry Sy Sr., who died at 94.

MANILA, Philippines — Taipan Henry Sy Sr. — the country’s wealthiest man and one of its most generous philanthropists — died “peacefully in his sleep” on Saturday, his daughter Teresita Sy-Coson told the Inquirer.

SMIC chair Sio (fifth from left) receive a plaque from FFCCCII officers led by president Domingo Yap

It is well-known that Henry Sy Sr., fondly called “Tatang” by both family and those who have worked under him, started out as a shoe vendor in Quiapo after the war and went on to build one of Asia’s big­gest business empires and named as the Philippines’ top billionaire with a net worth of $19 billion as of Friday, according to Forbes. com.

We face this morning of January 19 with a heavy heart as we say goodbye to one of the country’s top business leaders, philanthropist, and a remarkable family man, Mr. Henry Sy, Sr.