Stanley Ho | |
|---|---|
何鴻燊 | |
 Ho in 2006 | |
| Member of the Standing Committee of the CPPCC (9th, 10th, 11th) | |
| In office March 1998 – March 2013 | |
| Chairman | |
| Personal details | |
| Born | Ho Hung-sun 25 November 1921 British Hong Kong |
| Died | 26 May 2020 (aged 98) Happy Valley, Hong Kong |
| Nationality | Chinese Portuguese[1] |
| Spouses | Clementina Leitão Ho
(m. 1942; died 2004)Lucina Laam King-ying
(m. 1957) |
| Children | 17 |
| Relatives |
|
| Alma mater | |
| Occupation | Businessman |
Stanley Ho Hung-sun[a] GBM GLM GBS GML OBE CStJ SPMP SPMT (Chinese: 何鴻燊; 25 November 1921 – 26 May 2020) was a Hong Kong and Macau billionaire businessman. He was the founder and chairman of SJM Holdings, which owns nineteen casinos in Macau including the Grand Lisboa.
Ho was nicknamed variously Godfather and King of Gambling, reflecting the government-granted monopoly he held on the Macau gambling industry for 40 years. His wealth was divided among his daughter, Pansy Ho ($5.3 billion)[2] who owns MGM Macau, fourth wife Angela Leong ($4.1 billion)[3] who is managing director of SJM Holdings, and son Lawrence Ho ($2.6 billion)[4] who owns City of Dreams.
Ho was the founder and chairman of Shun Tak Holdings, through which he owned many businesses including entertainment, tourism, shipping, real estate, banking, and air transport. It is estimated that his businesses employ almost one-fourth of the workforce of Macau.[5] Apart from Hong Kong and Macau, he also invested in mainland China, Portugal, North Korea where he operated a casino, Vietnam, the Philippines, Mozambique, Indonesia and East Timor.
His opinions and statements on Hong Kong's real estate and commercial development had considerable sway on the market. In his later years, he had been involved in litigation with his sister, Winnie Ho, concerning the ownership of the Macau casino. Having suffered a stroke in July 2009, followed by a long period of recovery, Ho began steps in late 2010 to devolve his grip on his financial empire to his various wives and children. Ho died on 26 May 2020 at the Hong Kong Sanatorium & Hospital.[6][7]
- ^ "中國評論月刊網絡版". Archived from the original on 13 June 2020.
- ^ "Pansy Catilina Ho". Bloomberg Billionaires Index.
- ^ "Angela Leong". The World's Billionaires 2017.
- ^ "Lawrence Ho". The World's Billionaires 2017.
- ^ Kandell, Jonathan (26 May 2020). "Stanley Ho, Who Turned Macau Into a Global Gambling Hub, Dies at 98". The New York Times. Retrieved 27 May 2020.
- ^ Cite error: The named reference
scmp20200527was invoked but never defined (see the help page). - ^ "BREAKING: Hong Kong casino tycoon Stanley Ho dies aged 98". Hong Kong Free Press. Agence France-Presse. 26 May 2020. Retrieved 26 May 2020.
Cite error: There are <ref group=lower-alpha> tags or {{efn}} templates on this page, but the references will not show without a {{reflist|group=lower-alpha}} template or {{notelist}} template (see the help page).