Portrait of Teresita Sy-Coson

Rank #2931

Teresita Sy-Coson

Net worth $1.3B

Diversified · Philippines

Born
Oct 01, 1950
Age
75
Source
Diversified
Residence
Manila
Citizenship
Philippines
Marital status
Widowed
Children
3
Education
Bachelor of Science, Assumption College

Net worth over time

Biography

  • Teresita Sy-Coson is vice chairperson of SM Investments, one of the country's largest conglomerates started by her late father Henry Sy.
  • She is the eldest child of the group's founder.
  • Her SM experience spans retail merchandising, mall development and banking.
  • She also serves as the chairperson of BDO Unibank, a retail bank.
  • Her husband was Chinese lumber tycoon Louis Coson who died in 2003.
  • Her father discouraged her from graduate studies and said, "Come work with me; it's the school of hard knocks."
  • At age 22 she helped open SM's first department store in Manila.
  • 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.

Financial assets

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