{{Short description|Filipino billionaire and business magnate}} {{Philippine name|Klar|Razon}} {{Infobox person | name = Enrique K. Razon Jr. | image = Ricky Razon 2023 (cropped).jpg | caption = Razon in 2023 | birth_name = Enrique Klar Razon, Jr. | birth_date = {{Birth date and age|1960|03|03}}<ref>"Philippines, Manila, Civil Registration, 1899-1984," database with images, FamilySearch (https://familysearch.org/ark:/61903/1:1:QKJ5-D2ST : 26 May 2016), Enrique Klar Razon Jr., 03 Mar 1960; citing Birth, Manila, Metropolitan Manila, Philippines, Civil Registry Office, City Hall of Manila; FHL microfilm 1,592,977.</ref> | birth_place = Manila, Philippines | death_date = | death_place = | other_names = {{Unbulleted list|Ricky Razon|EKR|RR}} | citizenship = {{PHI}} | alma_mater = De La Salle University | employer = | known_for = International Container Terminal Services (chairman and president) <br> Bloomberry Resorts Corporation (chairman) | children = <!-- WP:BLP policy against including non-notables here --> | parents = Enrique M. Razon Sr. | website = | signature = | footnotes = | image size = | organization = }} '''Enrique Klar Razon Jr.''' (born March 3, 1960) is a Filipino billionaire and business magnate. He is chairman and CEO of the Manila-listed company International Container Terminal Services (ICTSI), a Philippine port-handling company. He is also the Chairman of Bloomberry Resorts Corporation, developer of Solaire Resort and Casino, an integrated resort complex in Metro Manila's Entertainment City, and Manila Water, the private concessionaire of Metropolitan Waterworks and Sewerage System that serves more than seven million residents of the East Zone of Metro Manila and Rizal Province.<ref name="Frb Burgos 2021">{{Cite web|last=Burgos|first=Jonathan|title=Enrique Razon Takes Over Manila Water As Philippine Tycoon Steps Up Infrastructure Bets|url=https://www.forbes.com/sites/jonathanburgos/2021/06/06/enrique-razon-takes-over-manila-water-as-philippine-tycoon-steps-up-infrastructure-bets/|access-date=2022-01-25|website=Forbes|language=en}}</ref> ICT, BLOOM, MWC, and APX are listed on the Philippine Stock Exchange. Razon also owns MORE Power, Iloilo City's sole power distributor since 2020.<ref>{{Cite news |last=Momblan |first=Gail |date=2020-02-28 |title=MORE Power starts takeover of PECO's assets |url=https://www.pna.gov.ph/articles/1095138 |access-date=2024-08-04 |work=Philippine News Agency}}</ref>
Razon tops the list of Philippine billionaires and is ranked 175th worldwide, with a net worth of $16.5 billion, according to ''Forbes''.<ref>{{Cite news |last=Fuentes |first=Arthur |date=March 11, 2026 |title=Razon is Philippines’ top billionaire; Musk moves closer to trillionaire status |url=https://www.abs-cbn.com/news/business/2026/3/11/razon-is-philippines-top-billionaire-musk-moves-closer-to-trillionaire-status-1125 |url-status=live |access-date=March 11, 2026 |work=ABS-CBN}}</ref>
==Biography== Razon was born on March 3, 1960 in Manila, Philippines. He comes from a third-generation Spanish-Filipino family involved in the marine cargo handling industry.<ref>{{Cite web|url=https://www.ictsi.com/leadership-team/EKR|title=Leadership – Enrique K. Razon Jr.|website=International Container Terminal Services, Inc.}}</ref> Razon studied at La Salle Greenhills for grade school, and completed his secondary education at the La Salle Greenhills High School. <ref>{{Cite web |last=De Castro |first=Isagani |date=2025-05-08 |title=When business and politics mix: Enrique Razon's empire |url=https://www.rappler.com/business/enrique-razon-empire/ |access-date=2026-03-17 |website=RAPPLER |language=en-US}}</ref> He then attended Bowdoin College in the United States of America, but dropped out at the age of 17.<ref>{{Cite web |last=Grana |first=Rhia |last2= |date=April 4, 2024 |title=The Making of a Mogul: Lessons from Enrique Razon, Jr. |url=https://www.esquiremag.ph/money/movers/the-making-of-a-mogul-lessons-from-enrique-razon-jr-a2984-20240404-lfrm |access-date=2026-03-17 |website=Esquiremag.ph}}</ref>
Razon is married to Felicia “Lizzy” Santos, a Child Protection Network board member. She is an alumnus of Saint Louis University Madrid Campus and the University of the Philippines. Razon's two children are Enzo Razon, an artist and Tarzeer Pictures co-founder, and Katrina Razon, a disc jockey, music mixer, composer and KSR Ventures owner.<ref name="DTr Silvestre 2024">{{cite news |last1= Silvestre|first1=Jojo |title=The man beyond the empire|url= https://tribune.net.ph/2024/01/07/the-man-beyond-the-empire|accessdate=May 26, 2024 |publisher=Daily Tribune (Philippines) |date=January 8, 2024}}</ref>
===Private aircraft=== In an interview with Winnie Monsod<ref name="bawal_pasaway">https://www.youtube.com/watch?v=H8nrID2VJic</ref>, Razon said that he acquired his first private jet two to three years ago. Razon reportedly owns three Gulfstream Aircraft: a Gulfstream G200, a Gulfstream G450, a Gulfstream G650ER, and four helicopters. He is also reportedly the first owner of an Airbus Helicopter H160 in the Philippines.
== Investments == Razon is most well-known as the Chairman of International Container Terminal Services.<ref name="PhS Flores 2012">{{Cite news |title= 18 success secrets of ‘Ports King’ Ricky Razon |url= https://www.philstar.com/lifestyle/business-life/2012/10/22/859650/18-success-secrets-ports-king-ricky-razon |date= October 22, 2012 |work= The Philippine Star |last1= Flores |first1= Wilson Lee |publisher= PhilStar Media Group |access-date= March 19, 2026 }}</ref> His other investments include power, mining, oil and gas exploration, and leisure facilities.<ref name="More Power granted 25-year distribution franchise in Iloilo City" /><ref name="DTr Silvestre 2024" />
=== Bloomberry === {{Main|Bloomberry}}
Razon is chairman of Bloomberry Resorts, which runs the Solaire Resort & Casino chain in Metro Manila.<ref name="DTr Silvestre 2024" />
=== ICTSI === {{Main|International Container Terminal Services}}
In 1987, the Razon Group and the Soriano Group incorporated ICTSI, initially to bid for the Manila International Container Terminal (MICT) in the Philippines. After winning the MICT contract in 1988, Razon spearheaded the MICT's development program. ICTSI operates a total of eight terminals in the Philippines.<ref>{{Cite web |title=Our Terminals {{!}} ICTSI |url=https://www.ictsi.com/our-offering/our-terminals |access-date=2025-06-03 |website=www.ictsi.com}}</ref>
After consolidating and strengthening its base and flagship operation at the MICT, ICTSI launched an international and domestic expansion program.<ref>{{Cite web |title=ICTSI |url=https://www.ictsi.com/ |access-date=2025-06-03 |website=www.ictsi.com}}</ref>
=== Prime Infra === Prime Infrastructure Capital, Inc. (Prime Infra; formerly Prime Strategic Holdings, Inc.) is Razon's privately-held holding company for power and water units.<ref name="Frb Burgos 2021" /><ref name="PhS Flores 2012" /><ref name="net.inquirer_ayalaexistmwc">{{cite web |last1=Piad |first1=Tyrone Jasper C. |title='End of an era': Ayala exits Manila Water |url=https://business.inquirer.net/459336/end-of-an-era-ayala-exits-manila-water |website=inquirer.net |publisher=Philippine Daily Inquirer Group |access-date=4 August 2024 |ref=net.inquirer_ayalaexistmwc}}</ref>
==== Manila Water ==== {{Excerpt|Manila Water|History|paragraphs=4}}
==== MORE Power ==== Enrique Razon owns MORE Power (MORE Electric and Power Corporation or Monte Oro Resources) in Iloilo that replaced Panay Electric Company (PECO) as Iloilo City's sole power distributor in 2020 through a legislative franchise.<ref name="More Power granted 25-year distribution franchise in Iloilo City">{{cite web |url=https://business.inquirer.net/265329/more-power-granted-25-year-distribution-franchise-in-iloilo-city/amp |title=More Power granted 25-year distribution franchise in Iloilo City |newspaper=Philippine Daily Inquirer |access-date=June 8, 2020}}</ref>
==== SierraCol ==== In 2026, Razon, through Prime Infra, agreed to acquire SierraCol Energy Limited (SierraCol), the largest independent oil and gas company in Colombia, from the global investment firm The Carlyle Group.<ref>{{Cite web |last= Cordero|first=Ted|date=2026-03-12 |title=Razon’s Prime Infra buys Colombian oil, gas firm |url=https://www.gmanetwork.com/news/money/companies/979709/razon-s-prime-infra-buys-colombian-oil-gas-firm/story/ |access-date=2026-03-12 |website=GMA News Online |language=en}}</ref>
=== Former investments === ==== Manila Standard ==== {{Excerpt|Manila Standard|History|paragraphs=4,6}}
==Philanthropy== Razon tables the ICTSI Foundation, Inc., which oversees and implements the ICTSI Group's corporate social responsibility advocacies. He has been a long-time patron of Philippine golf in the country through the Philippine Golf Tour, backed by sports management company, Pilipinas Golf Tournaments Inc. (PGTI), where he is chairman. Razon likewise extends help to the country's amateur golf development through the ICTSI-The Country Club program, supported by the ICTSI Foundation.{{citation needed|date=February 2020}}
In 2003, Razon donated P50 million for DLSU's sports development. The P50 million pesos were broken down into P25 million for equipment and facilities of the Enrique M. Razon Sports Complex, named after his father; P20 million for athletic scholarships; and P5 million for a sports solidarity fund.{{citation needed|date=February 2020}}
==References== {{Reflist}}
==External links== *[https://www.tatlerasia.com/people/lizzy-santos-razon Lizzy Santos Razon]
{{DEFAULTSORT:Razon, Enrique K.}} Category:1960 births Category:Living people Category:Filipino billionaires Category:Filipino chief executives Category:Filipino chairpersons of corporations Category:Filipino people of Spanish descent Category:De La Salle University alumni Category:People named in the Pandora Papers