It takes 20 years to build a reputation and five minutes to ruin it. His fatherâs name is Howard [â¦] His journey from the thatched hut ⦠He is known as the richest Filipino, the King of Retail, a business icon, and a good friend to other conglomerates and businessmen. Henry Sy, known as the âFather of Philippine Retailâ and the #1 Philippinesâ richest man, was born October 25, 1924 in the village of Ankhue, in the Jinjiang county (now city) of Fujian province, south China. 11. âItâs an investment that manifests my strong confidence in the Philippine future. The success of National Bookstore continued, the business expanded and has now branches across the country with more than 2,500 employees. Also read: Henry Sy ranks 52nd on The Worldâs Billionaires 2018. Henry Sy 5/21/12SPECIAL REPORT SUBMITTED BY: JOHN NG 2. He started out ⦠Before his success, Ford encountered failure during initial production of his first automobile. It looks like you're using Internet Explorer 11 or older. Among its mall staples are groceries and specialty stores under the SM brand including SM Markets, The SM Store, Ace Hardware, SM Appliances, Homeworld, Our Home, Toy Kingdom, Kultura, Baby Company, Sports Central, ⦠Henry Sy Sr. Be inspired from another successful entrepreneur story as his daughter TeresitaSy-Coson narrates the story of his fatherâs success: Our company, SM, as many of you may already know, came from the hard work of my dad, Henry Sy, Sr.It is a rags to riches story that even myself did not realize until I went to trace his roots in China. He is no other than Henry Sy, the retail magnate who owns all established 33 SM Malls and also a banking magnate who owns Banco De Oro-Equitable-PCI Bank and majority share in China Bank. Success will not last if you do not take care of it.â Henry Sy. Life wasnât always easy for Henry âwith poverty, he had to sleep inside the store. Born in Xiamenâs Jinjiang county on Oct. 15, 1924, Henry Sy was given the Chinese name Si Chì-Sêng, which means âto attain ultimate success.â Sy, through patience and hard work, business acumen and ambition, achieved exactly that. Henry Sy was born into a poor family in in Xiamen, China on October 15, 1924. (As told by Henry Syâs son) Today, Iâm now going to feature the life story of the richest man in the Philippines. Henry Syâs story tells us not to give up on our dreams, no matter how far-fetched it seems. Henry Sy (æ½è³æ) His original birth name Sy Chi Sieng literally meant "to attain ultimate success.â Born on December 25, 1924 Remote village in Fujian province, south China Known as the âFather of Philippine Retailâ Heâs net worth according Forbes is $8 billion in March 2012, ⦠Sy had to put up with the successes and trials in his business, and now heâs enjoying the fruits of his labor. Profile⢠Real Name : Henry Sy, Sr⢠Chinese Name:⢠Chinese Name:Sy Chi Sieng literally meant "to attain ultimate success"⢠Born : December 25, 1923, Xiamen, China⢠Residence : Manila, Philippines⢠Nationality : Filipino⢠Occupation : Chairman of SM Prime Holdings⢠Net worth : US$ 9.2 Billion⢠Known for : ⦠The life of Henry Sy, Sr. who died at the age of 94 is some kind of a fairy tale, a simple rags-to-riches story. When they do this, they have more productive thoughts, ideas and ⦠The entire family left China for good in 1936, so they could be with their family patriarch ⦠I hope this biggest mall project will have a positive impact on the Philippine economy and I hope to encourage other business people to invest, too.â Henry Sy⦠Sy's retail properties have a collective span of 9.5-million square meters with a total of 18,153 tenants in the Philippines and 1,940 tenants in China. Henry Sy. ... an overnight success story years in the making that is having its moment and then some. Who knows, maybe yours is the next success story to tell! With his inspiring story, one can learn about the ideals of success. At an early age, he was already introduced to retail. It took about 10 years' time for Shopify to be an overnight success. ben chan and the sm story âMy most memorable experience with SM was when Mr. Henry Sy personally toured me around SM North EDSA, the biggest mall at that time. During his teens, his family decided to move in the Philippines and his father put up a small variety store in Manila. Henry was born on 1923 in Xiamen, China. From a small shoe store called Shoemart that started operations on Carriedo in 1958, the empire of SM group founder Henry Sy Sr. has expanded exponentially over the next 60 ⦠Henry Sy, Sr. is a Chinese Filipino businessman with interests in retailing, real estate, hospitality, banking, mining, education including healthcare services. Seeing his old man for the first time in Manila (He described his father as âdirt poor.â) made him cry. Success Story: Warren Buffett(childhood) Warren Buffett was born in 1930 in Omaha. Who knows, maybe yours is the next success story to tell! With so many fine-dining establishments in the area, we wanted our new restaurant to offer simple, no-frills American-style food that would appeal to all ages, and with the location on the Outer Banks, ⦠(Henry Sy's Success Story) Our company, SM, as many of you may already know, came from the hard work of my dad, Henry Sy, Sr. There is no such thing as an overnight success or easy money. Nonetheless, Ford used the lessons from these failures to instruct his future success as an inventor and a businessman. The life of Henry Sy, Sr. who died at the age of 94 is some kind of a fairy tale, a simple rags-to-riches story. Henry Sy, who turned a shoe business into SM Investments, one of Philippines' largest conglomerates, died at age 94 on January 19, 2019. Maria Socorro Cancio Ramos is now way past her 90âs, hence itâs the younger ones who are managing the small empire. That moment inspired me about the possibilities for Bench â the SM story reminds you that no matter how small or humble your start is, you can achieve greatness, and there are no limits to how big you can be.â Success Story (4) ⦠Adam Lashinsky. Henry Ford is one of the most renowned entrepreneurs in history. Biography & Success Story Of Dele Fajemirokun: CEO Of Henry Stephens Group Of Companies Intelligent people surround themselves with similar or more intelligent people. His net worth is $9.1 billion in 2012 to $13.2 billion in 2013, thus making him ⦠Henry Sy of SM Prime Holdings, BDO, ChinaBank. We (Henry and Linda Ezzell along with our daughter, Kim Ezzell Parker) opened the restaurant in 1989 after 11 years of operating the food service at Duck Woods Country Club. This youth, who was undaunted by hardships, who had grand vision, perseverance, frugality and extraordinary work ethic, is ranked the Philippines No. Henry Sy Success Story: Father of Philippine Retail (Philippines Richest Man) Henry Sy, Sr. is the richest man in the Philippines, according to Forbes Magazine on their 2013 survey. In an exclusive interview with ABS-CBN News, Sio shares 5 rules in life that helped him climb up the leadership ladder in the country's biggest mall, banking and real estate empire. Success Work Money. It is a rags to riches story that even myself did not realize until I went to trace his roots in China. He is known as the richest Filipino, the King of Retail, a business icon, and a good friend to other conglomerates and businessmen. Everyone knows the remarkable success story that made Henry Sy a household name, but the family legacy doesnât stop there. This website works best with modern browsers such as the latest versions of Chrome, Firefox, Safari, and Edge. Henry Sy, known as the âFather of Philippine Retailâ and the #1 Philippinesâ richest man, was born October 25, 1924 in the village of Ankhue, in the Jinjiang county (now city) of Fujian province, south China. Henry Sy Life & Inspiration 2. Henry Sy tells us not to give up on our dreams, no matter how far-fetched it seems. Despite her age, this third-generation Sy ⦠H e went to Manila to join his father who had opened a small grocery store. Success Story of Henry Sy Sr. Be inspired from another successful entrepreneur story as his daughter Teresita Sy-Coson narrates the ... Labels. Story of Filipino Success: Mariano Que, founder of Mercury Drug When Filipinos need medication, a couple of names usually come up: Generika, The Generics Pharmacy, Watsons, and the most well-known of them all, Mercury Drug. Henry Sy Life and Inspiration 1. This success story is about One of the most successful investors of the world, Warren Buffett. With his inspiring story, one can learn about the ideals of success. Self-made billionaire Henry Syâs rise from being a penniless Chinese immigrant to becoming the richest man in the Philippines for eleven years in a row has inspired a lot of people. Henry Sy Sr. ShÄ« ZhìChéng, (Henryâs Chinese name), was born on December 25, 1923, to an impoverished family in Jinjiang, a town near Xiamen, China. In comes, Jan Sy, the eldest daughter of Bilyonaryo Henry âBig Boyâ Sy Jr. Henry sy 1. If you think about that, youâll do things differently Warren Buffett. 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