
Stanley Ho
Macau businessman (1921–2020)

Macau businessman (1921–2020)
Stanley Ho Hung-sun (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) who owns MGM Macau, fourth wife Angela Leong ($4.1 billion) who is managing director of SJM Holdings, and son Lawrence Ho ($2.6 billion) 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. Apart from Hong Kong and Macau, he also invested in mainland China, Portugal, North Korea where he operated a casino,...
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