What is Enrique Aboitiz's Net Worth?
Enrique Aboitiz is a Filipino businessman with a net worth of $400 million. He achieved billionaire status as the CEO and President of the Aboitiz Transport System Corporation (ATSC), a key division of the Aboitiz Group, known for its extensive transportation services across the Philippines. His family fortune primarily stems from ATSC.
The Reach of Aboitiz Transport System Corporation
ATSC connects various regions throughout the Philippine archipelago. By offering marine passenger transportation through its SuperFerry business, it connects 20 major ports in the Philippines. Additionally, the company operates the 2GO unit, which provides comprehensive logistics services, managing freight transport across the nation via air, ground, and ocean carriers, including ATSC-owned vessels.
Additional Services and Historical Background
Beyond moving passengers and freight, ATSC offers ship management and crewing services for other vessel operators. Founded in 1949, the company stands as a significant part of the Aboitiz Group, which expands its operations into banking, electric utilities, food, and other industries. Presently, ATSC is predominantly owned by Negros Navigation (NENACO), a historic player in the domestic shipping industry and a leading entity in the passenger transport sector in the Philippines.
Enrique Aboitiz's Educational Background
Enrique holds a Bachelor of Science in Business Administration with a major in Economics from Gonzaga University.
