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Razon is the richest Filipino on Forbes' billionaires list

March 12, 2026

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The Freeman

Ports and casino tycoon Enrique K. Razon, Jr. saw his net worth surge over 50% to $16.5 billion, making him the richest Filipino on the Forbes 2026 World's Billionaires List.

According to the Forbes list, there were 15 billionaires from the Philippines, led by Mr. Razon.

Mr. Razon climbed 52 spots to 175th out of 3,428 billionaires in the global list, which was topped by tech mogul Elon Musk. He was the only Filipino in the top 200 billionaires in the world.

Based on Forbes’ estimates as of March 10, Mr. Razon’s net worth stood at $16.5 billion, 51.38% higher from $10.9 billion a year earlier.

Mr. Razon is the chairman of International Container Terminal Services Inc. (ICTSI), the Philippines’ largest ports operator by revenue, with subsidiaries across the Asia-Pacific, Eastern Europe, Africa, and the Americas.

His Bloomberry Resorts opened a second Solaire casino in Metro Manila in 2024, while he increased infrastructure investments by acquiring control of Manila Water and has stakes in a gas field and bulk water facilities.

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