Henry Sy, Sr. (Chinese: 施至成; pinyin: Shī ZhìChéng; born December 25, 1924) is a Chinese Filipino businessman and the founder and chairman of SM Prime Holdings, the largest retailer and shopping mall operator in the Philippines. He earned his Associate of Arts degree in Commercial Studies at Far Eastern University in 1950. Acknowledged as the country’s "Retail King," he has come a long way from the modest shoe store he set up in Quiapo in 1946, to become Asia's biggest shopping mall operator with over 30 malls throughout the Philippines. He is the Philippines' richest man, gaining 1.4 billion dollars in 2007, amid the global financial crisis. The huge gain was due to his holding company, SM Investments Corp., which has interests in Banco de Oro Universal Bank, inter alia. Forbes magazine's 2008 list of 40 wealthiest Filipinos, revealed the Sy family's net worth was 3.1 billion dollars.
John Gokongwei
He is the chairman of JG Summit Holdings, one of largest conglomerates in the Philippines. In 2005, his company spent $700 million of internally generated funds which was used to buy new aircraft for his airline, Cebu Pacific Air. From 2003 up to the present his telecom company Digitel Telecommunications Philippines spent nearly $800 million for its mobile carrier, Sun Cellular which is the 3rd largest mobile operator in the Philippines as of 2008. He is currently negotiating a $1 billion takeover of UIC, a property giant from Singapore of which he owns in excess of 30%. UIC controls Singapore Land, one of the biggest property landlord in Singapore. Gokongwei also owns Universal Robina Corporation, one of the largest manufacturer of snacks in the Philippines. He also controls Robinsons Land one of the biggest property developers in the Philippines which also operates a chain of malls.
He was born into a wealthy Cebu-based family, originally from China's Fujian province. The family fortune was lost when his affluent father died. He started his business career during World War II, buying and selling rice, clothing and scrap metal. He is married, and has six children. His only son, Lance Gokongwei, is now in charge of the Gokongwei Empire, serving as president and COO while his father serves as Chairman Emeritus.
George Ty
George S.K. Ty (traditional Chinese: 鄭少堅) is a Chinese Filipino finance tycoon. He founded Metropolitan Bank and Trust Company, currently the largest bank in terms of Assets and Capital in the Philippines. He also has stakes in the Bank of the Philippine Islands and Philippine Savings Bank, a Metrobank subsidiary. George Ty was the owner of the G.T. International Tower in Makati. He used to be a billionaire where he once had a networth of $2.2 Billion back in 1998.
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