Traditional Culture Encyclopedia - Travel guide - He Hong_Personal introduction
He Hong_Personal introduction
1. Stanley Ho (November 25, 1921 - May 26, 2020), a native of Bao'an, Guangdong, was born in Hong Kong, a famous entrepreneur in Hong Kong and Macao, a well-known patriotic business person in Hong Kong and Macao, Macao The founder of Tourism and Entertainment Co., Ltd., Shun Tak Group Co., Ltd., and Macau Gaming Co., Ltd. is known as the "Macau Gambling King". He is one of the grandchildren of Sir Robert Ho Tung's younger brother Ho Fu and the son of Ho Sai Kwong. He is the ninth in the family. Stanley Ho is of Jewish, Dutch, British, and Chinese descent. According to the traditional ancestral home of the Ho Tung family, he follows the maternal line of Bao'an, Guangdong.
2. In 1961, the Macao-Portuguese government stipulated that the gaming industry must be implemented through a franchise system. Ho Hong Kong saw the opportunity and returned to Macau. Cooperating with Fok Ying-tung and others, he won the exclusive franchise of the casino in one fell swoop. The first step on the road to becoming a "gambling king". In the early 1990s, several casinos including the "Palace Casino" were established in Macau. In addition to Hong Kong and Macau, Stanley Ho also invests in many countries, including Vietnam, North Korea, Philippines, Portugal, etc. In addition to the gaming industry, Stanley Ho's industry also involves real estate, construction, shipping, investment and other fields. As of 2011, its subsidiaries include: Macau Gaming Holdings Co., Ltd., Hong Kong Melco International Group, Hong Kong Shun Tak Group Co., Ltd., Macau International Airport Company, Ace International, Macau Seng Heng Bank, etc.
3. In January 2008, Forbes magazine announced that he was the 19th richest man in Hong Kong; in February 2009, Forbes magazine pointed out that his net worth plummeted by nearly 90% due to the financial tsunami. By 2011, the assets under his control reached HK$500 billion, and his personal wealth was HK$70 billion. In the 2011 Forbes Hong Kong 40 Richest List, he ranked 13th with a net worth of US$3.1 billion (approximately 20.4 billion yuan). . On June 12, 2018, Stanley Ho retired from the company's chairmanship, executive director and executive committee member of the board of directors, and completely withdrew from the board of directors.
4. On May 26, 2020, Stanley Ho passed away at the age of 98.
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