Henry Sy is the Richest Man in the Philippines
Henry Sy is still the richest man in the philippines according to the 2010 list of Forbes’ Magazine. He currently own shares in all established SM Malls throughout the country as well as banks like Banco De Oro and China Bank.
He is one of those people who came from rags then achieved the riches. He came from China and went here in the Philippines at the age of 12. He worked for his father in their small sari-sari store business in Quiapo, Manila. Unfortunately, the store was burned during World War II but his persistency and business mind helped alot. He did alot of buying and selling just to help the family survive.
After the war, he started the shoe business with his most treasured friend for 40 years. His business continued to flourish through partnership with his friends and by selling imported shoe products.
He continued his studies at the Far Eastern University in Morayta. Then he went to the East Coast to find new merchandising ideas and one of it was a fully-airconditioned shoe store known as “Shoe Mart” or SM. Due to the changing needs of the people, he shifted to different types of businesses like Merchandising, and Department Store.
But he had faced uncertainties and difficult time, Shoemart Makati faced so many rallies and ugly strikes. He almost gave up but encouragement from people that sorround him gave him hope and fired up again his persistency.
In the years that followed, he built more shopping stores and enjoyed some fortune in the financial industry.
And now because of that, he has become the Richest Man in the Philippines for 2010.
For the original article, visit MillionaireActs.com.
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To SM owner
I bought an American Tourister luggage bag at SMSan Lazaro branch and after a year one of its part turned into powder-like substance.
The luggage has 5 years warranty so I went back to SM San Lazaro and talk to SM personnel for my warranty claim.
Your personnel’s advised me to go to Trinoma. Then to Megamall, then to Gateway, then to Podium and finally to Makati but all turned to naught.
I’m not satisfied with your product because its material failed too early, but what happened next aggravate my sufferings and dampened my SM shopping experience for years now.
I tried hard looking for help but your managers seems professional in the subject of escape and evasion fortified with finger-pointing under covered employees as indecisive smiling decoys.
I tried to investigate on whose command of responsibility that this attitude is coming from and finally discover a certain Nico Chew who’s wish is a king’s command to his subordinated managers.
His attitude is to evade and escape any responsibility from my claim and let left me alone to negotiate my warranty claim with the American Tourister.
Is it true that king Chew’s decisions are final and therefore make him act like such like that?
Never will I win over such a Looney foul-mouthed king (Nico Chew), for I’ll always be a flea in his eyes.
This is the reason why I wrote to your attention. I do not want to buy his eminence, king Chew of SM and his kinglike challenge of “war versus flea” as if he can stupidly win it ————“BAHALA KA!!!”, I’m fortunate he didn’t caught me fast with his gritting’ nails holding his phone?
Not now maybe. Just maybe- SMShoemart perhaps has a different handler and a disposition that will be fair but absurd to his eminence, king Chew!
Respectfully Yours
Apolonio
shame on you Nico Chew
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