How Did Enrique Razon Make His Money?

Enrique Razon’s Profile Summary

Company	International Container Terminal Services
Position	Chairman and President of International Container Terminal Services, Inc. (ICTSI). He has held these positions since 1995 and has been a Director of ICTSI since December 1987
Source of wealth	Enrique Razon's wealth stems from multiple sectors: Port operations through ICTSI, real estate and gaming via Bloomberry Resorts, energy investments through Monte Oro Resources & Energy
Also known as	Also recognized for his roles in the gaming and resort industry, philanthropy, and power distribution.
Age	65
Education	De La Salle University – Bachelor’s degree in Business
Citizenship	Filippino
Residence	Manila, Philippines
Family	Enrique Razon Jr. is married to Lizzy Santos-Razon, and they have two children, Katrina and Enzo.
Website, Social Media	https://www.ictsi.com/

Enrique Razon’s biography

Enrique K. Razon Jr. was born on March 3, 1960, in Manila, Philippines, and is a third-generation entrepreneur. He is best known for his leadership of International Container Terminal Services, Inc. (ICTSI), a global player in the management and operation of ports, with a presence in over 30 countries. Razon began his career in the family’s cargo handling business, which laid the foundation for ICTSI's significant growth after he spearheaded the winning bid for the Manila International Container Terminal (MICT) in 1988. Since then, he has led ICTSI’s expansion into an international logistics powerhouse. Aside from his success in port management, Razon has diversified into other sectors. He is also the Chairman and CEO of Bloomberry Resorts Corporation, which developed the Solaire Resort and Casino in the Philippines. His business ventures extend into energy, with control over Monte Oro Resources & Energy, and he is active in real estate development. Razon is also recognized for his philanthropic efforts, particularly in education and sports development in the Philippines

How did Enrique Razon make money?
What is Enrique Razon net worth?

As of 2025, Enrique Razon’s net worth is estimated to be $12.2B.

What is Enrique Razon also known as?

Enrique Razon Jr. is a major figure in the gaming and resort sector, being the Chairman and CEO of Bloomberry Resorts, which developed the Solaire Resort and Casino in the Philippines. This project has positioned him as a key player in the country's entertainment and hospitality industry. In addition, Razon has made significant contributions to the energy sector through his ownership of MORE Electric and Power Corporation, providing electricity services in Iloilo City. He is also known for his philanthropy, particularly in sports and education, where he supports initiatives like the ICTSI Foundation and contributes to the development of Filipino golf

Prominent achievements of Enrique Razon

Enrique Razon has been recognized as the second-richest Filipino in 2024, with a net worth of $11.1 billion. He has led ICTSI’s expansion to over 30 countries, built the Solaire Resort and Casino, and contributed significantly to various sectors, including ports, energy, and gaming. His philanthropic efforts are also notable, with major contributions to education and sports in the Philippines

What are Enrique Razon’s key insights?

Enrique Razon Jr.'s business philosophy revolves around resilience and preparedness. He emphasizes the importance of being ready for crises, a principle he applies across his ventures. Razon also encourages learning from failure, as illustrated by advice he shared with his daughter, highlighting that success often comes after overcoming setbacks. This mindset has guided his leadership in multiple sectors, particularly in maintaining ICTSI’s global competitiveness

Enrique Razon’s personal life

Enrique Razon's wife, Lizzy Santos-Razon, is actively involved in charity work, particularly as a board member of the Child Protection Network in the Philippines. Their daughter, Katrina Razon, is a venture capitalist, a DJ, and passionate about social change, while their son, Enzo Razon, is an artist and co-founder of Tarzeer Pictures. Lizzy is also dedicated to various philanthropic activities, such as providing relief to typhoon victims and granting scholarships to underprivileged students

Useful insights

Understanding market forces

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Nassim Nicholas Taleb – "The Black Swan"
- Summary:
  
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John Maynard Keynes – "The General Theory of Employment, Interest, and Money"
- Summary:
  
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