Henry Sy still Philippines’ richest-A A +A
Thursday, August 28, 2014
MANILA – Business tycoon Henry Sy has remained the country's richest man for seven consecutive years, according to Forbes magazine's The Philippines 50 Richest List for 2014.
Forbes' ranking on Thursday showed the 89-year-old Sy has a net worth of $12.7 billion, which is higher than his $9.3 net worth in 2013.
Sy owns SM Prime Holdings, the country’s largest mall operator, and Banco de Oro, the country’s largest bank in terms of assets.
Below is the complete list of the top 50 wealthiest people in the Philippines:
(Courtesy: Forbes PH website)