
The SM Mall of Asia is the largest shopping mall in the Philippines and the 3rd largest shopping mall in the world. In terms of gross floor size, it is next to the Golden Resources Mall and the South Dongguan Mall, both in China. It opened on May 21, 2006[1].
It is owned and operated by SM Prime Holdings, under the management of Henry Sy, a Chinese-Filipino business tycoon — regarded as one of the wealthiest men in Asia. (Forbes 2006 ranks him as the 14th richest person in southeast Asia, and "Henry Sy and family" as 74th richest person in the "Asia and Australia" region)
The Mall of Asia was constructed within the reclamation area, west of Roxas Boulevard in Pasay City, aptly nicknamed "Bay City". It is built on 19.5 hectares of reclaimed land and has a gross floor area of 386,224 square meters.
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