Rest in peace, Henry Sy.
The country's richest man and SM Group's founder Henry Sy passed away at the age of 94 on Saturday, January 19.
"With deep sadness, I would like to inform the group that our beloved Chairman Tatang, Mr. Henry Sy Sr, passed away peacefully in his sleep early Saturday morning. Please pray for the eternal repose of his soul," SM Supermalls COO Steven Tan said in a statement as reported by ABS-CBN News.
The late business tycon was named by Forbes as the Philippines' richest man with an estimated net worth of $19 billion.
Aside from being an entrepreneur, Henry was also active in charitable causes.