Enrique K. Razon

Enrique K. Razon Jr.
Enrique K. Razon Jr.
	Bloomberry Resorts Corporation (chairman)
Parent	Enrique M. Razon

Enrique Klar Razon, Jr. (born March 3, 1960) is a Filipino billionaire and the

Rizal Province.^[2]

ICT, BLOOM, MWC and APX are listed in the Philippine Stock Exchange.

In 2020, Forbes named Razon the third richest Filipino and the 565th individual in the world, with a personal wealth of $10.1 billion.[3]

Biography

Razon came from a third generation

Spanish-Filipino family involved in the business of marine cargo handling.^[4] He studied in college at De La Salle University in Manila, then began his business career thereafter.^[5]

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, Mr. Razon spearheaded the MICT's development program. ICTSI also operates nine other terminals in the Philippines.^[citation needed]

After consolidating and strengthening its base and flagship operation at the MICT, ICTSI launched an international and domestic expansion program in 1994.^{[citation needed]}

Razon's other investments are in power, mining, oil and gas exploration, and leisure facilities.^{[citation needed]}

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 2019 through a legislative franchise.^[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 by way of 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]}

In 2003, Razon donated P50 million for DLSU's sports development. The P50 million pesos were broken down into the following: 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}

]

References

^ "Philippines, Manila, Civil Registration, 1899-1984," database with images, FamilySearch (https://familysearch.org/ark:/61903/1:1:QKJ5-D2ST : 26 May 2016), Enrique Anselmo Klar Razon, 03 Mar 1960; citing Birth, Manila, Metropolitan Manila, Philippines, Civil Registry Office, City Hall of Manila; FHL microfilm 1,592,977.
^ Burgos, Jonathan. "Enrique Razon Takes Over Manila Water As Philippine Tycoon Steps Up Infrastructure Bets". Forbes. Retrieved 2022-01-25.
^ "Enrique Razon, Jr". Forbes. Retrieved 2020-01-05.
^ "Leadership – Enrique K. Razon Jr". International Container Terminal Services, Inc.
^ 18 success secrets of ‘Ports King’ Ricky Razon. Retrieved 11-14-2021.
^ More Power granted 25-year distribution franchise in Iloilo City. Retrieved 06-08-2020.

[1] "Philippines, Manila, Civil Registration, 1899-1984," database with images, FamilySearch (https://familysearch.org/ark:/61903/1:1:QKJ5-D2ST : 26 May 2016), Enrique Anselmo Klar Razon, 03 Mar 1960; citing Birth, Manila, Metropolitan Manila, Philippines, Civil Registry Office, City Hall of Manila; FHL microfilm 1,592,977.

[2] Burgos, Jonathan. "Enrique Razon Takes Over Manila Water As Philippine Tycoon Steps Up Infrastructure Bets". Forbes. Retrieved 2022-01-25.

[3] "Enrique Razon, Jr". Forbes. Retrieved 2020-01-05.

[4] "Leadership – Enrique K. Razon Jr". International Container Terminal Services, Inc.

[5] 18 success secrets of ‘Ports King’ Ricky Razon. Retrieved 11-14-2021.

[More_Power_granted_25-year_distribution_franchise_in_Iloilo_City-6] More Power granted 25-year distribution franchise in Iloilo City. Retrieved 06-08-2020.

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