On May 30, 2021, the late Macau gambling king Stanley Ho was officially buried in the family cemetery in Hong Kong, Zhao Yuan Cemetery.
Stanley Ho passed away on May 26 last year at the age of 98. Because the Feng Shui master said that there was no suitable date for burial in 2020, the coffin was temporarily stored in Tung Wah Yizhuang for a year. It was finally officially released this morning. He was buried, and his four sons were also present to see him off.
It is understood that the reason why the gambling king started to be buried after more than a year was mainly because the dates during this period conflicted with the birth dates of family members, so as to avoid causing bad things. As a result, the family decided to postpone the burial.
This is not the first time such a situation has happened in Hong Kong. In the early years, Lin Jianyue's father, Lin Baixin, was like this. His coffin was kept in Yizhuang for a long time. The reason was that he considered the need for The influence of the family is very important to Hong Kong's wealthy people.
After Stanley Ho’s death, how to divide the 500 billion net worth has also become the focus of the outside world. However, Hong Kong media reported that Stanley Ho established a family foundation before his death. The children born to his fourth wife are all beneficiaries and have voting rights. Each of them has the right to vote. Children can receive fixed living expenses from public funds, and the amount is decided by voters. In addition to fixed pocket money, they can also apply for temporary expenses for charity and other needs.
The gambling king has a rich family fortune, with as much as 500 billion revealed online. Naturally, the distribution of the family property has attracted much attention. Hong Kong media revealed that the gambling king once made a will. In order to avoid family disputes over property, a trust fund was established. The family members of the fourth family will receive living expenses and education expenses respectively, and the most important gambling business will be taken over by the eldest daughter of the second family, He Chaoqiong.
The gambling king’s children are also very good. They all graduated from prestigious foreign schools and have their own careers. There are also children who are deeply involved in the entertainment industry. The ex-boyfriend of the younger daughter He Chaolian is the famous singer Wu Kequn, and her current boyfriend is the actor Dou Xiao. She recently participated in the recording of a reality show with Dou Xiao. She has many CP fans and her influence is no less than that of celebrities.
Gambling King Stanley Ho (November 25, 1921 - May 26, 2020), a native of Bao'an, Guangdong, was born in Hong Kong, a famous entrepreneur in Hong Kong and Macao, a well-known patriotic businessman in Hong Kong and Macao, and a tourism and entertainment player in Macao Co., Ltd., Shun Tak Group Co., Ltd., and Macau Gaming Co., Ltd., known as the "Macau Gambling King", is one of the grandchildren of Sir Robert Ho Tung's brother Ho Fu, the son of Ho Shiguang, and the ninth in the family. Stanley Ho has Jewish, Dutch, British, and Chinese ancestry from multiple ethnic groups. According to the traditional ancestral home of the Ho Tung family, he follows the maternal line of Bao'an, Guangdong.
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. As of 2011, its subsidiaries include: Macau Gaming Holdings Co., Ltd., Hong Kong Melco International Group, Hong Kong Shun Tak Group Co., Ltd., Macau International Airport Company, Ace International, Macau Seng Heng Bank, etc.
In January 2008, Forbes magazine announced that he was the 19th richest man in Hong Kong; 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). . On June 12, 2018, Stanley Ho resigned as the company's chairman, executive director and member of the executive committee of the board of directors, and completely withdrew from the board of directors.