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Stanley Ho

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Stanley Ho
Ho in 2006
Hong Konger

Stanley Ho Hung-sun GBM GLM GBS GML OBE (Chinese: 何鴻燊, 25 November 1921 – 26 May 2020) was a Hong Kong-Macau billionaire[1] businessman, and philanthropist. He was the founder and chairman of SJM Holdings. It owned nineteen casinos in Macau including the Grand Lisboa.[2]

Ho had been nicknamed Godfather and King of Gambling. He was an important person on the Macau gambling industry for 75 years.[3]

Ho was also 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 was said that his businesses employ almost one-fourth of the workforce of Macau.[4]

Ho died on 26 May 2020 at a hospital in Hong Kong of kidney failure, aged 98.[5]

References[change | change source]

  1. "Lawrence Ho". Forbes.
  2. "Macau casino magnate Stanley Ho dies aged 98". South China Morning Post. 26 May 2020.
  3. "Bloomberg Billionaires Index". Bloomberg.com.
  4. Kandell, Jonathan (26 May 2020). "Stanley Ho, Who Turned Macau Into a Global Gambling Hub, Dies at 98". The New York Times.
  5. "BREAKING: Hong Kong casino tycoon Stanley Ho dies aged 98". Hong Kong Free Press. Agence France-Presse. 26 May 2020. Retrieved 26 May 2020.