FILE : In this file photo taken on July 26, 2009, Macao tycoon Stanley Ho, talks to reporters after the Macau chief executive election in Macao. On Tuesday, May 26, 2020, the family of Stanley Ho, the Macao casino tycoon considered the father of modern gambling in China, has died at 98.
Tall, handsome and of mixed Chinese and European heritage, Ho fathered 17 children with four women. His extended family erupted in high-profile squabbles over his empire during his later years.“I don’t gamble at all. I don’t have the patience,” Ho told The Associated Press in a rare interview in 2001. “Don’t expect to make money in gambling. It’s a house game. It’s for the house.”
Ho disputed a supposed transfer of his entire multibillion-dollar stake to five of his children and one of his wives, calling it a “robbery” that went against his desire to divide the fortune equally among various branches of his family. In 1948, Ho married Clementina Leitao, the daughter of a prominent lawyer in Macao who had connections to Portugal and to Macao high society. Those ties and Ho’s efforts to curry favor with Macao authorities are said to have helped him and his business partners win the casino monopoly when it came up for bidding in 1962. About the same time, Ho married Lucina Laam under a Qing dynasty code allowing men to take multiple wives. Hong Kong outlawed the practice in 1971.
The new players brought slick offerings to compete in the world’s most lucrative gambling market with SJM’s nearly two dozen no-frills casinos — the company didn’t build its own lavish megaresort until years later.
17 children? What a Ho.
You mean to say: His wealth didn't buy him immortality ?....what a waste of life!
I hope it was natural cause........ because......
chinavirus
Probably WuhanVirus🙄
Seeing your lifes work languishing must have done him in.
Stanley did not give a fuck I can guarantee you this.
ugh i want to gamble all of my money away
Opiate
ballroomdancingwithpooh
Only 17?
Trump wishes he was this guy
He has enjoyed his wealth
China ’s gamblers have gone to see God and advise President Xi not to bet on the happiness of the people
loot box king of chicago doesn't have the same ring.
Pretty funny...... Yes sir...... But nobody in Las Vegas can figure the shooter from the Mandalay hotel window. 🤷♂️
Not a moral person if you read up on his backstory. In this lifetime, which seemingly is the only one, not all bad people are punished nor good people rewarded.
I put the over/under on children at 125
I ain't no Ho! God bless, you randy bugger.... 😁
17 kids? RIP to a real Ho