Ports And Casino Tycoon Enrique Razon Jr. Bets $3 Billion On Green Energy

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Enrique Razon Jr.’s fortune fell slightly to $5.6 billion but he stays as No. 3 on the Philippines’ 50 Richest 2022.

. Its shares climbed as global trade recovered to pre-pandemic levels last year to hit a record $28.5 trillion, according to the UN’s trade body. He remains No. 3 on the Philippines’ 50 Richest list.ICTSI’s net profit jumped 50% in the first half to $294.5 million, after quadrupling to an all-time high of $428.6 million in 2021, thanks to volume growth and higher shipping rates.

Bloomberry Resorts—operator of the Solaire casino resort in Manila—returned to the black in the first half following two years of losses induced by Covid-19 lockdowns, as Razon continued with plans to expand his gaming empire. The company is building a second casino resort in Quezon City that’s scheduled to open next year, and in May, paid 7.6 billion pesos for a 2.8-million-square-meter waterfront property in Cavite, south of the Philippine capital, for an integrated casino resort.

 

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If by 'green' I'm guessing he means FusionEnergy Cuz everything else are wealth fleecing cudgels used to enrich investment groups and globalist oligarchs. GoodOlBoyClub

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