Philippines' richest man, who started as a shoe seller, dies at 94

Philippines' richest man Henry Sy, who started his first business after WWII selling shoes imported by US soldiers, died on Saturday at the age of 94. He founded SM Investments, which runs department stores, supermarkets, shopping malls and banks. Sy, who stepped down as SM Investments' Chairman in 2017, had a net worth of $19 billion, according to Forbes.