Macau gambling king Stanley Ho dies aged 98


  • World
  • Tuesday, 26 May 2020

FILE PHOTO: Macau tycoon Stanley Ho celebrates his 85th birthday during a ceremony, in which he donated HK$2.5 million ($320,510) to a charity, in Hong Kong November 20,2006. REUTERS/Bobby Yip/File Photo

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 peacefully at the age of 98, his family confirmed on Tuesday.

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 Ltd <0880.HK>, valued at about $6 billion.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In World

Russian missiles kill one, wound four in air strike on Ukraine - Kyiv
Dating app abductions raise fears for LGBT+ safety in South Africa
COP28 leader urges nations to get out of 'comfort zones'
Man uses fake profiles to catfish victims and swindle them out of RM4.66mil, US feds say
K-pop company behind BTS wants to make its superfan app global
UK mobile phone firms face overcharging claims in class-action suit
Apps that use AI to undress women in photos soaring in use
Iraq's Green Zone housing US embassy targeted with rockets -sources
Amazon says thieves swiped millions by faking product refunds
Meta encrypting Messenger and Facebook chats

Others Also Read