Duterte visits Henry Sy Sr’s wake

Ralf Rivas

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Duterte visits Henry Sy Sr’s wake

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President Rodrigo Duterte is welcomed by the children of the late tycoon

MANILA, Philippines – President Rodrigo Duterte visited the wake of late tycoon Henry Sy Sr on Sunday, January 20.

Duterte was joined by Executive Secretary Salvador Medialdea, his spokesperson Salvador Panelo, and former aide Bong Go.

Duterte was welcomed by Sy’s children: SM Investments Corporation vice chairperson Teresita Sy Coson, SM Prime Holdings chairman Hans Sy, SM Prime director Herbert Sy, SM Investments board adviser Elizabeth Sy, SM Investments executive director Harley Sy, and SM Development Corporation chief executive officer Henry Sy Jr.


 

The Sy family patriarch died on Saturday morning, January 19. He was 94.

Sy led Filipinos on the World’s Billionaires List 2018, released by Forbes in March last year. He had been the richest Filipino since 2005.

Sy had an estimated net worth of $19 billion at the time of his death, according to Forbes.com. (READ: Malacañang: Henry Sy Sr a ‘pillar of Philippine economy’– Rappler.com

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Ralf Rivas

A sociologist by heart, a journalist by profession. Ralf is Rappler's business reporter, covering macroeconomy, government finance, companies, and agriculture.