Business Magnates of the Philippines

Question 1

was born in Xiamen, China in 1924 and moved to the Philippines when he was 12 years old.

Answer 1

Henry Sy

Question 2

In 1958, he opened the first Shoemart store in downtown Manila, which became the foundation of his retail empire.

Answer 2

Henry Sy

Question 3

was one of the richest people in the world, with a net worth of over $20 billion at the time of his death in 2019.

Answer 3

Henry Sy

Question 4

was born into a poor family in Xiamen, China, in 1924. His father ran a small convenience store, and the family struggled to make ends meet.

Answer 4

Henry Sy

Question 5

He died in Jan 19, 2020

Answer 5

Henry Sy

Question 6

was a Filipino entrepreneur and the founder of Mercury Drug Corporation, which is now the largest drugstore chain in the Philippines.

Answer 6

Mariano Que

Question 7

was born in 1921 in the town of Lucban, Quezon province, Philippines. He was orphaned at a young age and had to fend for himself, working odd jobs to make ends meet. In 1945, after World War II, he moved to Manila and started working as a salesman for a drugstore.

Answer 7

Mariano Que

Question 8

In 1946, established his own drugstore in Bambang Street in Manila, which he named after the Roman god of commerce, Mercury. He started with a capital of only PHP 100 and sold his wares on a pushcart on the streets. He would later buy surplus drugs from the U.S. Army and sell them at affordable prices, making healthcare more accessible to the masses.

Answer 8

Mariano Que