Li Ka-shing stirred the region after the Wall Street Journal said Hong Kong
THREE of Asia’s wealthiest tycoons are stepping down from the empires they built, and investors shouldn’t assume their scions will carry the torch as effectively.
Gaming magnate Stanley Ho retired as chairman of Shun Tak Holdings Ltd on Monday, ending a lifelong mission to build what was once Asia’s largest casino operator. Billionaire Shin Kyuk-ho stepped down from Lotte Group, the chewing gum maker he transformed into one of South Korea’s top conglomerates.
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