Portrait of Henry Sy Jr

Rank #1641

Henry Sy Jr

Net worth $2.6B

Diversified · Philippines

Born
Jan 01, 1954
Age
72
Source
Diversified
Residence
Manila
Citizenship
Philippines
Marital status
Married
Children
2
Education
Bachelor of Science, De La Salle University

Net worth over time

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.
  • 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.

Financial assets

Exchange Ticker Company Shares Price Currency