What is Enrique Aboitiz's Net Worth?
Enrique Aboitiz is a Filipino businessman who has a net worth of $400 million. Enrique Aboitiz rose to billionaire status as the CEO and President of the Aboitiz Transport System Corporation (ATSC), a transport service arm of the Aboitiz Group, from which the majority of the family fortune also stems. ATSC moves people and cargo throughout the Philippine archipelago. The company provides marine passenger transportation to 20 major ports in the Philippines through its SuperFerry business. Its 2GO unit offers integrated logistics services, arranging the transportation of freight throughout the Philippines via air, ground, and ocean carriers, including its own vessels.
The company also provides ship management and manpower (crewing) services to other vessel operators. Established in 1949, ATCS is part of the Aboitiz Group, which has interests in banking, electric utilities, food, and other industries. These days, ATSC is more than 98% owned by Negros Navigation (NENACO), one of the oldest domestic shipping companies in the Philippines. It was also one of the largest companies in the passenger transport business in the Philippines. Enrique Aboitiz holds a degree of Bachelor of Science in Business Administration (Major In Economics) from Gonzaga University.
