Enrique Razon Jr. — FILE PHOTO
MANILA, Philippines — Ports and casino magnate Enrique Razon Jr. has become the richest person in the country for the first time after his fortune surged to a record $21.8 billion, lifting him to the top of the 2026 Forbes Philippines’ 50 Richest list.
Razon overtook the Sy siblings, who had long dominated the annual ranking, after adding $10.3 billion to his wealth over the past year—the biggest increase among Filipino billionaires in dollar terms.
“Unfazed by geopolitical tensions, he accelerated the global expansion of his listed International Container Terminal Services, which boosted its shares and helped Razon add $10.3 billion to his fortune,” Forbes said.
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