Business Tycoon Henry Sy is still the Richest Man in Philippines

SM Mall tycoon Henry Sy is PH’s richest for eight consecutive years. Henry Sy leads list of 50 richest Filipinos for 8th straight year.

According to Manila Bulletin, Sy saw his net worth increase as the value of his publicly-traded conglomerates, SM Investments and SM Prime Holdings, rose by 17 percent and 20 percent, respectively, over the past year. As of now, he has a net worth of US$14.4 billion, up by $1.7 billion compared to last year.

Henry Sy also ranks 73rd in Forbes' billionaires' list for 2015.

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