9. Henry Sy & Family

Ranking:                      #9
Name:                         Henry Sy & Family
Age:                             89
Country:                      Philippines
Net Worth (2014):       $13.2 billion USD

Source

Henry Sy was born in Xiamen, China. He immigrated to the Philippines at the age of 12 and then began selling overrun and rejected shoes. In 1958, Sy established SM Prime Holding by opening a small shoe store in Manila. Fun Fact: SM is an acronym for “Shoe Mart.” Then in 1972 Sy opened his first department store, SM Quiapo.
Henry Sy has invested in several industries, including retail, real estate, banking, and leisure.

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