Stanley Ho, patriarch of Asia’s largest casino empire and the ‘King of Gambling’ for more than half a century, dies at 98

[Homelander]

 

 

Stanley Ho Hung-sun, the patriarch of Asia’s largest casino empire for half a century and a man whose very name is synonymous with Macau’s rise to overtake Las Vegas as the world’s gambling capital, has died, according to his family. He was 98.

 

He is survived by 14 of the 16 children he had with four women. Ho referred to the mothers of his children as his wives, three of whom also survive him.

 

 

“Although we know the day will come, it does not ease our sorrow,” said Pansy Ho Chiu-king, the eldest child from Ho’s second marriage, adding that the tycoon passed away at 1pm at the Hong Kong Sanatorium & Hospital. “Dad will stay in people’s hearts forever and our family will continue to [contribute] to society.”

 

Ho leaves behind a gambling empire that contributed to as much as half of the tax receipts earned by the Macau government, a heft that made him the first living resident of the gaming hub to have an avenue in the territory named after him. One of Asia’s richest men for decades, Ho’s personal fortune was estimated at HK$50 billion (US$6.4 billion) when he retired in 2018 just months before his 97th birthday.

 

Besides his business exploits and his lifestyle – the fodder for Hong Kong’s society pages – Ho is also known for the billions of dollars he gave away in philanthropy. His name appears on 12 museums, hospitals and sports centres in Hong Kong and Macau. He is equally known for paying HK$2.57 million the largest white truffle at a charity auction, as returning two bronze animal heads – looted by invading forces from the Summer Palace in Beijing – to mainland China.

 

 

[Homelander]

Satki family tree...House Ho

 

[socrates469bc]

wuhan virus will bring the clan to its knees.

 

wahahahhahahh

[meng.huat]

first wife didnt get much...

 

[socrates469bc]

Just now, meng.huat said:

first wife didnt get much...

 

 

first wife supposed to get majority of the fortune but son robert died in 1981.

 

since then, the first wife tiagong kena depression and withdraw from the picture until she passed away in 2004.

 

[Homelander]

28 minutes ago, socrates469bc said:

 

first wife supposed to get majority of the fortune but son robert died in 1981.

 

since then, the first wife tiagong kena depression and withdraw from the picture until she passed away in 2004.

 

 

Leonard, u sibei well informed ar...how did robert die?

[socrates469bc]

4 hours ago, Homelander said:

 

Leonard, u sibei well informed ar...how did robert die?

 

his son, robert, died in a car accident.

 

most likely wuhan virus will wipe out their casino lisboa b4 their infighting.

 

wahahahhahaha

[Homelander]

1 minute ago, socrates469bc said:

 

his son, robert, died in a car accident.

 

most likely wuhan virus will wipe out their casino lisboa b4 their infighting.

 

wahahahhahaha

 

last time i like lisboa casino...the design quite nice...dunno when can travel again

[socrates469bc]

8 minutes ago, Homelander said:

 

last time i like lisboa casino...the design quite nice...dunno when can travel again

 

casino lisboa has too few gaming tables.

 

city of dreams have more tables to choose from.

 

but now with almost 0 gamblers, i think the macanese casinos r just waiting to close.

[Cynical Ape]

11 hours ago, Homelander said:

Satki family tree...House Ho

 

 

Out of all his chewren I only recognize Josie Ho (何超仪), who's a former actress. 

No idea who the rest are....

Edited May 27, 2020 by Cynical Ape

[Cynical Ape]

He had a good life...rest in power, dude.