Rank #176
Enrique Razon Jr.
Net worth $16.5B
Ports · Philippines
- Born
- Mar 03, 1960
- Age
- 66
- Source
- Ports
- Residence
- Manila
- Citizenship
- Philippines
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- Enrique Razon Jr. chairs International Container Terminal Services Inc. (ICTSI), the Philippines' largest ports operator by revenue.
- ICTSI also has subsidiaries in the Asia-Pacific, Eastern Europe, Africa and the Americas.
- Razon's grandfather started the business with a port in Manila in 1916, which his father rebuilt after WWII. Razon grew the business globally.
- His hospitality firm Bloomberry Resorts has expanded its Philippine operations, opening a second Solaire casino complex in Metro Manila in 2024.
- Razon has been stepping up infrastructure investments, buying out Ayala Corp. and taking control of Manila Water in May 2024. He also has stakes in a gas field and bulk water supply facilities in the archipelago.
- Razon left school when he was 17 years old to take a minimum-wage job at the family's cargo-loading business and worked his way through the ranks.
- Razon owned a basketball team in the Philippine Basketball League with most players from De La Salle University.
Financial assets
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