The richest Filipino Henry Sy has passed away.
His family reported that Sy died in his sleep Saturday morning, January 19.
The first and only trilyonaryo, Sy, 94, started out as a seller of shoes in the post-war era from which he built the country’s biggest holding company, retail network, bank, and property firm after 70 years in business.
His fabulous wealth reached $20 billion which puts him in the same stratosphere as Elon Musk, Rupert Murdoch and Masayoshi Son.
Sy left behind a treasure trove of inspirational words to aspiring bilyonaryos who look to follow in his footsteps:
1) “Ever since I was a kid, I’ve always believed in doing my best,
that one should aspire to be No. 1.”
2) “There is no such thing as overnight success or easy money. If you fail, do not be discouraged; try again. When you do well, do not change your ways. Success is not just good luck: it is a combination of hard work, good credit standing, opportunity, readiness, and timing. Success will not last if you do not take care of it.”
3) “I’ve always wanted to be a businessman. No other ambitions – I just wanted to be in business, even when I was a child in Fujian province, south China.”
4) “You have to have a dream, whether big or small. Then plan, focus, work hard and be very determined to achieve your goals.”
5) “My basic strategy is to stick to my core business and to my area of expertise.”
6) “Not everything I do is purely for money. Of course, as a businessman and as head of publicly listed companies, we have to earn, but at this point in my life, there are other considerations more important besides just money.”
7) “I never imagined attaining big success. Whatever I have achieved did not happen overnight; ever since my teen years I have devoted many, many years of my life to non-stop studying, diligent work, and dreaming of a better future.”
8) “Not many people can do it. You may have the interest but not the resources. You may have the resources and the interest, but not the guts. You have to look long-term. You have to be optimistic.”
9) “My basic strategy is to stick to my core business, and to my area of expertise. My businesses are all related – retail, shopping centers, banking, real estate and tourism development. Together they create synergy.”
10) “Doing a mall is not only construction of the physical place: what is important is the merchandising mix. We strive to serve the convenience of the public. We want shopping at our malls to be a unique and an enjoyable experience.”