Who Is Stanley Ho? Age, Biography, and Wiki
Stanley Ho was born on November 25, 1921, and he tragically passed away on May 26, 2020, making him 98 years old at the time of his death. Widely regarded as the "King of Gambling," Ho was instrumental in transforming Macau into a global gaming hub. His business acumen and visionary investments led to the success of several casinos, including the famous Venetian Macao and MGM Macau. Ho's entrepreneurship significantly contributed to the economic growth of Macau and his legacy continues to inspire future generations of business leaders.
| Occupation | Entrepreneur |
|---|---|
| Date of Birth | November 25, 1921 |
| Age | 98 Years |
| Birth Place | British Hong Kong |
| Horoscope | Sagittarius |
| Country | Hong Kong |
| Date of death | 26 May, 2020 |
| Died Place | Happy Valley, Hong Kong |
Popularity
Stanley Ho's Popularity over time
Height, Weight & Measurements
While specific details about Stanley Ho's physical measurements are less documented due to privacy, he was known to maintain an active lifestyle through various philanthropic activities and social engagements. As a public figure, his presence commanded attention, and he was often seen dressed elegantly at various events.
Family, Dating & Relationship Status
Stanley Ho's personal life was as fascinating as his career. He was married to Pansy Ho, a notable businesswoman who continues to carry on his legacy, along with their other children, including Daisy Ho and Lawrence Ho. Ho was known to have had relationships with several women throughout his life, garnering attention for both his business achievements and personal relationships.
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.
Net Worth and Salary
At the time of his passing, Stanley Ho's estimated net worth was around $6.4 billion. His wealth primarily stemmed from his extensive investments in casinos, real estate, and other ventures. His business dealings were a combination of shrewd investments and a deep understanding of the market dynamics of Macau.
Career, Business, and Investments
Stanley Ho commenced his career after World War II and quickly made a name for himself in the gambling industry. He founded the Sociedade de Jogos de Macau (SJM), which held a monopoly on the gaming industry in Macau until 2002. Under his leadership, SJM grew exponentially, leading to a multi-billion-dollar empire that included numerous casinos and hotels.
In addition to gaming, Ho was involved in various sectors, including:
Stanley Ho Hung-sun (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.
Social Network
Stanley Ho was active in several social and business networks, engaging with influential personalities in the gaming and entertainment sectors. His legacy persists through the connections he forged, and his family continues to uphold his reputation in private and public spheres.
Ho issued proceedings in the High Court, naming its directors – 11 defendants, including his second and third wives, and children Pansy and Lawrence Ho, alleging the group "improperly and/or illegally" acted in changing the share structure.
The writ sought an injunction restraining the defendants from selling or disposing any of the 9,998 new shares in the company. The two British Virgin Islands companies were also named in the writ.
Ho said his intention from the outset was to divide his assets equally among his families and that the actions of the directors of Lanceford effectively eliminated this possibility, according to a statement issued by his lawyer Gordon Oldham.
Education
Stanley Ho was educated in his early years in Hong Kong and later pursued further studies in London. He had a diverse educational background, which equipped him with the skills necessary to navigate the complex business landscape in the mid-20th century.
* Chairman of the board of directors of the University of Hong Kong Foundation for Educational Development and Research (香港大學教研發展基金董事局)
