HONG KONG: Macau casino king Stanley Ho, who built a business empire from scratch in the former Portuguese colony and became one of Asia's richest men, died on Tuesday at the age of 98, state broadcaster China Central Television reported.
Known as the"godfather" of Macau casinos, the billionaire was instrumental in turning Macau into a gambling boomtown, with gaming revenue surpassing Las Vegas.Born in Hong Kong, Ho had four wives and 17 children, and was forced to restructure his business after a legal battle erupted within the family in 2012 over his fortune.
In 2017, Ho stepped down as chairman from his Hong Kong-based conglomerate Shun Tak Holdings with his daughter Pansy Ho succeeding him. He stepped down from his flagship casino empire SJM Holdings in 2018, and handed over the reins to another daughter Daisy Ho.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tycoon Li Ka Shing's son Victor hopes security law will help revive Hong KongHONG KONG (BLOOMBERG) - Victor Li, the elder son of legendary Hong Kong tycoon Li Ka Shing, is hoping that a security law proposed by Beijing would help the semi-autonomous Chinese city bounce back from months of social unrest.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Obituary: India's legendary Olympic hockey hero Balbir Singh dies at 95NEW DELHI (AFP/ REUTERS) - Balbir Singh, who won three Olympic hockey golds for India and became one his country's biggest sporting heroes, has died at the age of 95, his family said Monday (May 25).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Alligator which survived Berlin WWII bombing dies at 84MOSCOW (AFP) - An alligator who survived a bombing raid on the Berlin zoo in 1943 and found himself east of the iron curtain after World War II has died of old age at 84, the Moscow Zoo said.. Read more at straitstimes.com. That's lagendary
Source: The Straits Times - 🏆 8. / 63 Read more »
Hockey - Indian Olympic great Balbir Singh dies aged 95REUTERS: India's three-times Olympic gold medallist Balbir Singh has died at the age of 95 after a prolonged pulmonary illness. Singh helped ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Commentary: We will miss the office if it diesLONDON: On my last day at the Financial Times in July 2017, the doorman who had greeted me every morning for the previous two decades enfolded me ... I won’t.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Queen’s Brian May revealed he suffered a heart attack and ‘could have died’The guitarist’s health emergency was discovered while he was dealing with injured buttocks during a gardening incident – that also revealed a compressed nerve in his spine.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »