Casino king Stanley Ho: the man who built the gambling hub of Macau


  • World
  • Tuesday, 26 May 2020

FILE PHOTO: Hong Kong tycoon Stanley Ho looks out from the Macau Ferry Terminal and in the background berths his latest in a fleet of jetfoils from his Hong Kong flagship company Shun Tak Holdings Ltd, in Hong Kong, China. REUTERS/Stringer

HONG KONG (Reuters) - Macau gambling 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.

The flamboyant tycoon, who loved to dance and advised his nearest and dearest to shun gambling, headed one of the world's most lucrative gaming businesses through his flagship firm, SJM Holdings <0880.HK>, valued at about $6 billion.

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