#1669

Henry Sy Jr

Philippines 72 years old

Overview

Source of Wealth
Diversified
Industry
Diversified
Residence
Manila
Education
De La Salle University (Bachelor of Science)
Marital Status
Married
Children
2

Assets

  • Ayala Corp.
    243,000 shares @ -
    -
    AC-PH
  • Banco De Oro Unibank Inc.
    46,865,000 shares @ -
    -
    BDO-PH
  • Belle Corp.
    218,134,000 shares @ -
    -
    BEL-PH
  • China Banking Corp.
    36,423,000 shares @ -
    -
    CBC-PH
  • D.M. Wenceslao & Associates
    286,000 shares @ -
    -
    DMW-PH
  • Far Eastern University Inc.
    438,000 shares @ -
    -
    FEU-PH
  • Jollibee Foods Corp.
    29,000 shares @ -
    -
    JFC-PH
  • SM Investments Corp.
    85,961,000 shares @ -
    -
    SM-PH
  • SM Prime Holdings Inc.
    352,710,000 shares @ -
    -
    SMPH-PH
  • Synergy Grid & Development
    2,050,464,000 shares @ -
    -
    SGP-PH
  • Synergy Grid & Development
    949,000,000 shares @ -
    -
    SGP-PH

Biography

Henry Sy Jr. is co-vice chairman of SM Investments, a conglomerate founded by his late father, Henry Sy Sr.

He also serves as chairman of SM Prime, the group's property arm with interests in malls, residences, offices, hotels and convention centers.

He is the eldest son of the founder; his older sisters and three younger brothers are also all involved in the business.

In 2017 he set up Big Boss Cement, entering an industry that benefitted from former President Duterte's massive infrastructure push.

In 2022, SM Investments agreed to acquire Philippine Geothermal Production in a $304 million all-share deal in a bid to lower its carbon footprint.

About

Sy was CEO of the National Grid Corporation of the Philippines, a private power operator; he stepped down in 2016 and is now the vice chairman.

He is a devout Christian and is nicknamed "Big Boy" among business circles from being the eldest son of the founder.

Data Lake, a data company cofounded by Henry, partnered with Elon Musk's Starlink in 2022 to bring the satellite internet provider's services to the Philippines.