Is the gambling king really that powerful?

The gambling king is very powerful.

In 1961, the Macau and Portuguese government stipulated that the gaming industry must be implemented through a franchise system. Stanley Ho saw the opportunity and returned to Macau. Cooperating with Fok Ying-tung and others, he won the exclusive franchise of the casino in one fell swoop and became the "Gambling King". "The first step on the road.

In the early 1990s, several casinos including the "Palace Casino" were established in Macau. In addition to Hong Kong and Macau, Stanley Ho also invests in many countries, including Vietnam, North Korea, Philippines, Portugal, etc. In addition to the gaming industry, Stanley Ho's industry also involves real estate, construction, shipping, investment and other fields.

In February 2009, Forbes magazine pointed out that his net worth plummeted by nearly 90% due to the financial tsunami. By 2011, the assets under his control reached HK$500 billion, and his personal wealth was HK$70 billion. In the 2011 Forbes Hong Kong 40 Richest List, he ranked 13th with a net worth of US$3.1 billion (approximately 20.4 billion yuan). .

Extended information:

In the early 1940s, when Stanley Ho first arrived in Macau, he met Lai Wanhua, a native of Macau. Lai Wanhua was regarded as the most beautiful woman in Macau at that time and came from a prominent lawyer family in Macau.

The two fell in love and got married soon after. The couple was very loving. Li Wanhua and He Hongshen had one boy and three girls. On the 10th anniversary of her marriage to Stanley Ho, Lai Wanhua was involved in a car accident and was in a coma for a month. Then she contracted a strange disease and was bedridden ever since. In 2004, Lai Wan-wa passed away, and Stanley Ho held a grand funeral for him. Well-known figures such as Ho Hau Wah, then Chief Executive of the Macau SAR, came to express their condolences.