Stanley Ho: The Life of a Gambling Tycoon
Stanley Ho, a titan of Asia’s gambling industry who helped spearhead Macao’s emergence as a global casino hub, died Tuesday at the age of 98.
The Hong Kong-born Ho fled to Macao during World War II and later founded a company that in 1961 won the sole rights to develop casinos in the then-Portuguese colony. Ho’s subsequent success made him one of Asia’s richest men and saw Macao supersede Las Vegas as the world’s biggest gambling destination.
A bon vivant known for his opulent lifestyle, Ho is survived by 15 of the 17 children he had with four women. Below is a brief history of his life, told in images and graphics.
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Stanley Ho Hung-sun, a Hong Kong-Macao gambling and property tycoon with a fortune that reached over $5 billion, prepares to sign a contract in Portugal in January 1962. |
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Ho in April 1981. Ho played a leading role in Macao’s emergence as the world’s foremost casino hub, at one time owning the region’s gambling monopoly. |
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Ho watches a horse race at Hong Kong’s Sha Tin Racecourse in February 2008. |
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Ho and some of his family members attend an award ceremony in Hong Kong in November 2010. |
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Two of Ho’s children, Sabrina and Alice, kiss him at his 91st birthday party in Hong Kong in November 2012. Ho died Tuesday at the age of 98. |
Contact reporter Wang Xintong (xintongwang@caixin.com) and editors Michael Bellart (michaelbellart@caixin.com) and Joshua Dummer (joshuadummer@caixin.com)
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