DAVID B.

ABELLAR Success Story of Henry Sy - the richest man in the Philippines Henry Sy is a Chinese Filipino businessman and the founder of SM Group and chairman of SM Prime Holdings, the largest retailer and shopping mall operator in the Philippines. He is the richest man in the Philippines, gaining $3.8 billion dollars next to Lucio Tan and (as of 2009) He is the operator of Banco de Oro Universal Bank and owner of China Banking Corporation. He established 33 SM Malls and also a banking magnate who owns Banco De Oro-EPCI Bank and majority share in China Bank. His determination, his discipline and his thriftiness have produced an astute and street smart businessman who has influenced a lot of people. Including us, his children. His perseverance during the different crises our country has gone through has made our active business pursuits possible for a half century. True, he was disappointed with the economy many times, but he never quit and instead pursued his goals relentlessly. He came to the Philippines at the young age of 12, and worked in his fathers small sari-sari store more than 12 hours everyday to help him in Quiapo, Manila. At one time, he was hit by shrapnel while selling, and quite fortunately was brought to the hospital by his good friend in a kariton. He treasured that friendship and later expressed his gratitude after the war by making that friend his partner in a shoe store for 40 years. Unaffected by criticism, and armed with sheer determination and optimism, he persisted and opened in 1985 with our department store and supermarket and a few tenants.

CONCLUSION 1. A man of visions and dreams 2. A man who face challenges that came to his path. 3. A man of positive thinking (optimistic) that the Philippines has a better future. He said: I am optimistic that we can achieve a better future 4. A hardworking. man 5. A man of discipline, thriftiness, determination 6. A man who has a heart to education so he set a foundation to help the poor kids get educated and build schools to the unprivileged people.