Jane Ho Chiu Ying
AsiaOne Online Pte Ltd. Company registration NO.201815023K. Personal Data Protection Statement × Search Asiaone. Stanley Ho was born Ho Hung Sun on November 25, 1921. He was born into a very wealthy and influential family in British Hong Kong, with 8 older siblings before him (and more to come after him). However, that wealth was short-lived; his father went bankrupt while Ho was young.
Stanley Ho Hung-sun GBM GLM GBS GML OBE CStJ SPMP SPMT (Chinese: 何鴻燊, 25 November 1921 – 26 May 2020) was a Hong Kong-Macau billionaire businessman. His original patrilineal surname was Bosman, which was later sinicized to 何 (Ho. 6 quotes from Stanley Ho, Chinese Businessman. Enjoy and share the best Stanley Ho Quotes at QuotesSense.com. 67 records for Chiu Ying. Find Chiu Ying's phone number, address, and email on Spokeo, the leading online directory for contact information.
Tributes poured in after “Casino King” Stanley Ho Hungsun died at the age of 98 at the Hong Kong Sanatorium and Hospital yesterday.
Jane CheungWednesday, May 27, 2020
Tributes poured in after “Casino King” Stanley Ho Hungsun died at the age of 98 at the Hong Kong Sanatorium and Hospital yesterday.
Ho, Macau’s richest man with a net worth of HK$70 billion, had been in the private hospital’s intensive care unit since February after organ failure.
His condition deteriorated earlier this month.
His wives and children rushed to the hospital on Monday as he fought for his life, staying by his bedside overnight. He died at 1pm yesterday.
Twenty-four family members wearing black appeared outside the hospital in Happy Valley. Pansy Ho Chiu-king, the eldest daughter of Ho’s second wife, said in Cantonese:
“With heavy hearts, we regretfully announce our father passed away peacefully at 1pm today.”
She said family members have agreed to handle Ho’s funeral together but details have yet to be discussed.
Angela Ho Chiu-yin , Ho’s daughter with his first wife, said in English: “Although we knew this day would come, it does not lessen our sorrow. Our father will live in our hearts.”
Ho will be buried at Chiu Yuen Cemetery on Mount Davis on Hong Kong Island west. Chief Executive Carrie Lam Cheng Yuet-ngor said she was saddened by Ho’s death and sent condolences to his family.
“Dr Ho was a successful entrepreneur who had founded business groups covering various areas. He played a significant role in Hong Kong and Macau,” she said.
Lam said Ho, who was honored with the Grand Bauhinia Medal in 2010, actively took part in the development of community services in Hong Kong and offered great support to fund-raising by the Community Chest, local charities and tertiary education institutes.
Timothy Fok Tsun-ting, son of Ho’s casino partner Henry Fok Ying-tung, said his father and Ho were close friends, not just business partners.
“My father was rather quiet and Ho got things done very quickly. They made perfect partners and Ho was incredibly humorous,” Fok said, adding the two families will continue to join hands in operating casino businesses.
China Central Television called Ho a “renowned and patriotic businessman” as well as a significant figure in Macau. “He had actively participated in economic construction, cultural events and charity work on the mainland and made outstanding contributions to the development of Macau,” it said.
Macau Chief Executive Ho Iat-sing and former chief executive Edmund Ho Hau-wah also sent their condolences to Ho’s family and complimented him for “making major contributions to Macau’s prosperity and stability.”
Prominent actor Andy Lau Tak-wah, who portrayed a casino operator in two movies titled Casino Tycoon inspired by Ho, also paid tribute, saying: “Dr Ho has made tremendous contributions to the society.”
Born into the prestigious Ho Tung family in 1921, Stanley Ho was the grandson of Ho Tung’s younger brother but he was plunged into poverty in secondary school when his father went bankrupt.
Ho studied at Queen’s College in Tin Hau and was admitted to the science faculty of the University of Hong Kong. When World War ll broke out, he quit university before fleeing to Macau in 1941.
With only US$10 (HK$78) when he left for the then-Portuguese territory as a refugee, that trip sowed the seeds of his empire, earning his first HK$1 million two years later.
In 1961, Ho joined hands with Macau gambling icon Yip Hon, former racer Teddy Yip and Hong Kong tycoon Henry Fok to snatch the gambling monopoly license in Macau for about HK$3 million.
The four started casino operator Tourism and Entertainment Company of Macau in 1962.
Ho expanded to other business areas and began offering ferry services between Hong Kong and Macau in 1964.
In 1969, he built Hotel Lisboa, with a casino, which has become a landmark in Macau.
In 1972, he established Shun Tak Holdings for his ferry, property, hotel and traveling businesses.
Ho was the only casino operator in Macau for decades and at his peak owned a dozen casinos and handed in casino tax amounting to half of the Macanese government’s annual income. However, his monopoly ended when the government granted gambling licenses to other companies in 2002. Since then, Ho’s business has faced competition from others.
Ho’s casinos now hold 14 percent of the Macanese casino market and his three listed companies relating to his casino businesses – SJM Holdings, MGM China
Holdings and Melco International – have a total market value of HK$100 billion, not even half of the major rival Sands China’s HK$234 billion.
Stanley Ho.
The name is familiar to many, especially those in the gambling world. However, the story of how this man and his family came to be the most prominent figures in the Asian gambling industry is less well-known.
This short bio will give you the rundown on how this man built an empire during his life, which came with its fair share of controversy along the way.
The Early Years
Stanley Ho was born Ho Hung Sun on November 25, 1921. He was born into a very wealthy and influential family in British Hong Kong, with 8 older siblings before him (and more to come after him). However, that wealth was short-lived; his father went bankrupt while Ho was young. To make matters even worse, two of his brothers committed suicide. There was clearly a lot of trauma for the young Ho to deal with.
Ho was very bright; he received a scholarship from the University of Hong Kong, where he attended but never had the chance to finish his degree.
The family had to flee Hong Kong to Macau during World War II when the Japanese invaded; he never completed the degree, but as you can imagine, that did not stop him from amassing an empire.
His fortune didn’t originally come from gambling. He started working at an import-export business in Macau and made his first riches by smuggling goods into mainland China from the province of Macau. Subsequently, he started a kerosene company along with a construction business in an effort to establish himself as a legitimate businessman.
The turning point for Ho’s career came in 1982. At that time, there was no gambling on Macau, but that was about to change; the province was about to award a gambling monopoly, and Ho wanted in.
He and his partners Yip Hon, Teddy Yip, and Henry Fok put together a lavish bid for the licenses, promising not only gambling revenue but also to build better infrastructure in the area in order to improve Macau as a tourist destination.
The group controlled all the gaming in Macau for almost thirty years until another license was awarded in 2001. You can imagine how much money the group made; they still own 19 different casinos in Macau.
Unlike his partners, Ho was not satisfied with just the casino revenue; he wanted to build a diverse empire.
That led to his parlaying the profits from the gambling venture into other investments. He invested in banks, entertainment companies, hotels, and airlines, giving him a diverse portfolio.
He also wanted to invest outside of Macau, so he took his money and spread it across the globe into many different investments.
This includes having projects in Canada, East Timor, Mozambique, Vietnam, Portugal, China, Hong Kong, Indonesia, and the Philippines. The one-time smuggler was now amassing a global group of companies under his name.
Wait…How Many Wives?
So, this is where the story of Stanley Ho gets very interesting. As it turns out, the man continued to subscribe to the idea of polygamy well after it was outlawed in China.
The end result is that there are four women who Ho has called his “wife”. We are not sure if any of them are legally married, but as you will see, this will become important later in Ho’s life.
- Clementina Leitao
- Lucina Laam King Ying
- Ina Chan Un Chan
- Angela Leong On Kei
Along with these four wives come a staggering 17 children. Here is how that all breaks down, with the eldest born in 1947 and the youngest in 1999:
- Jane Ho Chiu Ying
- Robert Ho Yau Kwong
- Angela Ho Chiu Yin
- Deborah Ho Chiu Hung
- Pansy Ho Chiu King
- Daisy Ho Chiu Fung
- Maisy Ho Chiu Ha
- Josie Ho Chiu Yi
- Lawrence Ho Yau Lung
Jane Ho Chiu Ying Yu
- Florinda Ho Chiu Wan
- Laurinda Ho Chiu Lin
- Orlando Ho Yau Kai
Jane Ho Chiu Ying Chen
- Sabrina Ho Chiu Yeng
- Arnaldo Ho Yau Heng
- Mario Ho Yau Kwan
- Alice Ho Chiu Yan
- Orlando Ho (passed away at the age of 7)
The Fall and the Fallout
In 2009, Ho had a serious accident in which he fell and suffered significant head trauma. He required brain surgery and needed to stay in the hospital for seven months.
That set off serious drama in the family, trying to determine who controlled the business and the fortune in his absence. As he had no actual will to speak of, the battle for control got ugly, taking over two years to settle.
Now, it all seems to be clear how the companies and money are split up between the family members.
Even though he came back to relatively good health after the fall, Ho was advancing in age, and finally removed himself from the day-to-day activity of running his businesses.
He is rarely seen in public anymore.
Jane Ho Chiu Ying Feng
Awards and Recognitions
Jane Ho Chiu Ying Hua
- Commander of the Order of Benefaction
- Commander of the Order of Prince Henry the Navigator
- Chevalier de la Legion d’Honneur
- Commander of the Most Venerable Order of St. John of Jerusalem
- Honorary Doctorate of Social Sciences
- Grand Officer of the Order of Prince Henry the Navigator 1985.
- Eqvitem Commendatorem Ordinis Sancti Gregorii Magni by His Holiness Pope John Paul II
- Officer of the Order of the British Empire
- Grand Cross of the Order of Merit
- Honourable Order of the Crown of Perak
- Naval Medal, Vasco da Gama
- Silver Cross Medal of Social Solidarity
- Great Cross of the Order of Prince Henrique
- Award for Outstanding Achievement
- Honorable Order of the Crown of Terengganu
- Medal of the Naval Cross, First Class
- Honorable Medal of Golden Lotus Flower
- Gold Medal of Merit in Tourism
- Gold Bauhinia Star
- Commandeur de la Legion d’Honneur
- Chinese Charity Award
- Commander of the Order of the Crown
- Grand Medal of Lotus Flower
- Medal for Business Entrepreneurialism
- Beijing Olympics Honor
- G2E Asia Visionary Award
- Hong Kong Montblanc Arts Patronage Award
- Grand Bauhinia Medal