Pansy Ho is the richest woman in Hong Kong, with an estimated fortune of US$4.25 billion and investments in two of Macau’s six casinos.
Hong Kong.- Pansy Ho Chiu King, MGM China’s managing director and the fifth daughter of casino tycoon Stanley Ho, has legally registered interest in her father’s estate.
Ho was known as the “King of Gambling”, and made his fortune as founder of SJM Holdings, one of the largest casino operators in Asia with more than 20 properties across the region.
Ho died in May at the age of 98 in May. The youngest of his 15 children, Deborah Ho, and one other relative have already registered their interest. Pansy Ho has now notified her interest at the Probate Registry in Hong Kong, demanding her solicitors at Baker & McKenzie be notified before the sealing of her father’s grant.
Pansy Ho is considered the richest woman in Hong Kong with a fortune estimated in HK$32.9 billion (US$4.25 billion).
Stanley Ho’s fortune was of HK$50 billion (US$6.4 billion) when he retired from the company in 2018.
Pansy was one of Ho’s children who is most involved in the business. She holds major interests in two of Macau’s six casinos. She is also group executive chairman and managing director of Shun Tak Holdings, the listed property, transport, hospitality and investment conglomerate founded by her father.