Stanley Ho, Date of Birth, Place of Birth

    

Stanley Ho

Chinese entrepreneur

Date of Birth: 25-Nov-1921

Place of Birth: British Hong Kong, United Kingdom

Profession: politician, entrepreneur

Nationality: Portugal, China

Zodiac Sign: Sagittarius


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About Stanley Ho

  • Stanley Ho Hung-sun (Chinese: ???, born 25 November 1921) is a Hong Kong-Macau business magnate, investor, and philanthropist.
  • He is the founder and Chairman of SJM Holdings, which owns nineteen casinos in Macau including the Grand Lisboa.
  • Ho has been nicknamed variously Godfather and King of Gambling, reflecting the government-granted monopoly he held on the Macau gambling industry for 75 years.
  • His wealth is divided amongst 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 is also the founder and Chairman of Shun Tak Holdings, through which he owns many kinds of business 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 has also invested in mainland China, Portugal, North Korea where he operates a casino, Vietnam, the Philippines, Mozambique, Indonesia and East Timor. Ho is also an entrepreneur in Asia and has held a number of important positions in many firms in Hong Kong and Macau.
  • His opinions and statements on Hong Kong's real estate and commercial development have considerable sway on the market.
  • In the past few years he has been involved in litigation with his own 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.

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