Enrique Razon Jr.

$15.23 B

Ranked #179 in World

About Enrique Razon Jr.

Enrique Razon Jr., the Filipino magnate with a $5.1 billion net worth as ranked by Forbes in 2020, helms both International Container Terminal Services, Inc. (ICTSI) and Bloomberry Resorts Corp. Born into a business-oriented Spanish-Filipino family, Razon expanded the ICTSI worldwide since earning the Manila International Container Terminal contract in 1988. The De La Salle University alumnus also invests in power and leisure sectors while advocating for corporate social responsibility and Philippine sports.

Born

March 03, 1960

Age

66 years

Source Of Wealth

Ports

Industries

Logistics

Citizenship

Philippines

Residence

Manila

Parent

Enrique M. Razon

Enrique Razon Jr. was born on March 3, 1960, in the Philippines. He comes from a third-generation Spanish-Filipino family deeply involved in marine cargo handling. Razon Jr. studied at De La Salle University in Manila.

Enrique Razon Jr.: Family

Enrique Razon Jr. is married to Maria Lourdes "Nini" Tantoco Razon. They have four children: Enrique III, Juan Miguel, Sofia, and Maria Antonia.

Enrique Razon Jr.: Career Highlights

In 1987, Razon Jr. and the Soriano Group incorporated International Container Terminal Services, Inc. (ICTSI) to bid for the Manila International Container Terminal (MICT). In 1988, ICTSI won the MICT contract, and Razon Jr. led its development program. In 1994, ICTSI launched an international and domestic expansion program. Today, ICTSI operates nine other terminals in the Philippines.

Enrique Razon Jr.: Companies

In addition to ICTSI, Enrique Razon Jr. is also the Chairman of Bloomberry Resorts Corp. and Manila Water. He has investments in power, mining, oil and gas exploration, and leisure facilities. He also owns MORE Power (MORE Electric and Power Corporation) in Iloilo.

Enrique Razon Jr.: Major Achievements

Under Enrique Razon Jr.'s leadership, ICTSI has become one of the leading global port operators. The company has operations in 31 countries and handles over 10 million containers annually. Razon Jr. has also been instrumental in the development of the Philippine tourism industry through his investments in Bloomberry Resorts Corp. and Manila Water.

Enrique Razon Jr.: Awards & Achievements

Enrique Razon Jr. has received numerous awards and recognitions for his contributions to the business and community. Some of his notable awards include:

Ernst & Young Entrepreneur of the Year Award (1999)
The Outstanding Filipino Award (2004)
The Philippine Legion of Honor (2008)
The Order of Sikatuna, with the rank of Grand Officer (2016)

Enrique Razon Jr.: Personal Life & Legacy

Enrique Razon Jr. is known for his philanthropy and support of various causes. The ICTSI Foundation, Inc.

oversees the ICTSI Group's corporate social responsibility initiatives. Razon Jr. also supports Philippine golf through the Philippine Golf Tour and ICTSI-The Country Club program. In 2003, he donated P50 million to DLSU's sports development.

Enrique Razon Jr.: Trivia

Enrique Razon Jr. is a licensed pilot and enjoys flying helicopters. He is also a sports enthusiast and an avid golfer.

Wealth History

Timeline

March 3, 1960

Enrique Razon Jr. is born in the Philippines.

1987

Razon Group and Soriano Group incorporate International Container Terminal Services, Inc. (ICTSI) to bid for the Manila International Container Terminal (MICT).

1988

ICTSI wins the MICT contract, and Razon leads its development program.

1994

ICTSI launches an international and domestic expansion program.

2003

Razon donates P50 million to De La Salle University's sports development.

Enrique Razon Jr. : FAQs

What is Enrique Razon Jr.'s current net worth?

Enrique Razon Jr.'s current net worth is $15.23 billion.

What is Enrique Razon Jr.'s current global rank among billionaires?

Enrique Razon Jr. holds the 179th position globally among billionaires.

What is Enrique Razon Jr.'s current ranking within the Philippines?

Enrique Razon Jr. holds the 1st position in Philippines.

What was the change in Enrique Razon Jr.'s net worth compared to the previous year?

Enrique Razon Jr.'s net worth increased by 1.74 billion dollars compared to the previous year 2025, when his net worth was 13.49 billion dollars.

What is the recent change in Enrique Razon Jr.'s net worth?

Enrique Razon Jr.'s net worth increased by 147.7 million dollars recently, a 0.97% increase, with his net worth standing at 15.23 billion dollars.

What are Enrique Razon Jr.'s main sources of wealth?

Enrique Razon Jr.'s main source of income comes from Ports.

In which industry does Enrique Razon Jr. primarily operate?

Enrique Razon Jr. is primarily involved in the Logistics industry.

How old is Enrique Razon Jr.?

Enrique Razon Jr. is 66 years old.

How many children does Enrique Razon Jr. have?

Enrique Razon Jr. has 2 children.

Who is Enrique Razon Jr. and what is his association with ICTSI?

Enrique Razon Jr. is a Filipino billionaire who serves as the chairman and CEO of International Container Terminal Services, Inc. (ICTSI), a leading terminal operator based in the Philippines.

What are some key milestones in Enrique Razon Jr.'s career with ICTSI?

Key milestones in Enrique Razon Jr.'s career include incorporating ICTSI with the Razon Group in 1987, winning the MICT contract in 1988, and launching an international and domestic expansion program for ICTSI in 1994.

How does Enrique Razon Jr. contribute to philanthropy in the Philippines?

Enrique Razon Jr. contributes to Philippine philanthropy through the ICTSI Foundation, Inc., supporting the local golf community with initiatives like the Philippine Golf Tour and the ICTSI-The Country Club program, and by making a P50 million donation to De La Salle University's sports development in 2003.