Billionaire Profile
Herbert Sy
Global Rank
#2291

Image: Dominicus Johannes Bergsma | CC BY-SA 4.0 | via Wikimedia Commons

Herbert Sy

CEO, Diversified
PHILIPPINES
Real-Time Net Worth
$1.718B
Estimated based on Diversified stock value as of March 7, 2026
-1.04% (24h)
Age
69
Source
Diversified
Industry
Diversified
Citizenship
PHILIPPINES

Biography

Herbert Sy is a prominent Filipino businessman and a director of SM Prime Holdings and advisor of SM Investments Corporation. Born into a family synonymous with retail in the Philippines, he is the second youngest of six siblings, all of whom hold key positions within the SM Group. He is actively involved in the group's supermarket operations, currently serving as the Chairman of Supervalue Inc., the company responsible for operating all SM Supermarkets. With a net worth of $1.8 Billion and a career spanning over 30 years, Herbert has played a vital role in solidifying SM Group's position as a leading retail conglomerate. His father, Henry Sy Sr., instilled a legacy of hard work and innovation, which Herbert continues to uphold. He holds a Bachelor's degree in Management from De La Salle University.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/7/2026

Wealth Over Time

In-Depth Profile

Early Life

Herbert Sy was born in the Philippines to Henry Sy Sr. and Felicidad Tan. He is the second youngest of six siblings: Teresita Sy-Coson, Elizabeth Sy, Henry Sy Jr., Hans Sy, and Harley Sy. The Sy siblings were trained in the family business from a young age. Herbert earned a Bachelor's degree in Management from De La Salle University.

Rise to Success

Herbert's career began in 1994 when he joined the board of directors for SM Prime. He has held various key positions throughout his career within the SM Group, demonstrating versatility and leadership. He is currently the Chairman of Supervalue Inc., the company that operates SM Supermarkets. He is also the Chairman of Super Shopping Market Inc. and Sanford Marketing Corporation, and a director of Alfamart Trading Philippines Inc. and China Banking Corporation.

Key Business Strategies

Herbert Sy plays a crucial role in the SM Group's strategic direction and operations, particularly in the food retail sector. He is actively involved in the SM Group's supermarket operations, including site evaluation and negotiation for potential sites. His focus on innovation and adapting to market changes aligns with the principles of his father, Henry Sy Sr.

Philanthropy

While specific amounts are unavailable, the Sy family, through their SM Foundation, is known for its philanthropic endeavors, particularly in education. They have made substantial donations over the years towards scholarships and infrastructure to elevate the country's education system. Herbert Sy continues this legacy through his work within the SM Group.

Career Milestones

1994

Director, SM Prime Holdings

Began career at the real estate arm of the SM Group.

Ongoing

Chairman of Supervalue Inc.

Leads the company operating SM Supermarkets.

Philanthropy & Social Impact

Education

Henry Sy Foundation

Undisclosed

Supports Filipino youth through educational grants.

Business Philosophy & Leadership

Notable Quotes

"Not everything I do is purely for money."

Leadership Principles

Integrity

Values instilled in the Sy family, guiding decisions.

Honesty

A core principle within the family.

Meritocracy

Emphasis on performance and achievement.

The Golden Rule

Treating others as you would like to be treated.

Innovation

Innovation is key to staying relevant, constantly adapting to the market.