Pansy Ho – Born into Business
Pansy Catalina Ho Chiu-king is a Chinese billionaire and businesswoman, known for making numerous investments throughout China and abroad.
Born into business, Ho is the daughter of Hong Kong gambling magnate Stanley Ho. The Ho family was responsible for developing a flourishing gambling culture throughout Southern China.
Net Worth
Global rank
* Stats taken from Forbes.com – 2024
Country rank
About Pansy Ho
Following Stanley Ho’s passing; Pansy, arguably the most successful sibling from a business perspective, acquired the major shareholder position of Macau Casino operator SJM, as well as serving as executive chairman and managing director of Shun Tak Holdings, which operates the Hong Kong-Macau ferry system and luxury hotels.
Aside from the family business, Ho finds herself giving back to the greater Hong Kong community through her acts of service on many different boards such as the Hong Kong Federation of Women, Our Hong Kong Foundation, Hong Kong Girl Guides Association, the University of Hong Kong Foundation for Educational Development and Research, and the Hong Kong Academy for Performing Arts.
Location
Originally from Macau, Pansy Ho was born on August 26,1962. She completed her junior education in Hong Kong, where she attended St. Paul’s Convent School in Causeway Bay. Ho then went abroad to continue her studies in Palo Alto, California in the United States where she attended Santa Clara University and graduated with a BA in marketing and business. She started her career in Hong Kong in the entertainment industry, although began to pursue a career in PR and marketing. At age 26 she opened her own PR firm. After amassing a substantial fortune through her investments, Ho also became known as the richest woman in Hong Kong. Throughout the years, much of Ho’s business dealings have taken place in Macau, however, her investments span Asia and the United States as well.
Remarkable Investments
Ho is executive chairman and managing director of Shun Tak Holdings, a property development company founded by her father. Shun Tak Holdings operates luxury hotels and transportation between Hong Kong and Macau. The businesswoman recently acquired the major shareholder position of SJM, following her father’s passing; owned by MGM China and previously her father. Ho is in charge of Shun Tak Holdings’ Nova residential development project, which was hailed as the most popular residential development project in Hong Kong in 2017. Ho also owns a substantial stake in MGM Macau, a 600-room, 35-story casino resort.
Latest News
Macau is recognized around the world as the biggest gambling hub, bringing in an annual revenue of $22.8 billion, accounting for just about half of Macau’s GDP. In hopes to diversify the economy, while renewing casino licenses, the government had made the 6 biggest gaming operators agree to expand their business to non-gambling offerings in hopes to attract more tourists. Pansy Ho’s plan for MGM is specifically focused on the arts culture in Macau. MGM hopes to renew many sites such as the A-Ma Temple. As well as launching a new project MGM 2049; focused on ushering in a new generation into the entertainment sector of Macau. In the news, MGM has been recognized in leading the expansion of art throughout Macau.
Following a meeting between Ho (chairperson and executive director of MGM China Holdings) and Thapanee Kiatphaibool (Governor of the Tourism authority of Thailand), it was disclosed that MGM China is exploring investment opportunities in Thailand’s entertainment industry.