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.
After amassing a substantial fortune through her investments, Ho also became known as the richest woman in Hong Kong.
Net Worth
Global rank
* Stats taken from Forbes.com
Country rank
About Pansy Ho
Location
Originally from Macau, Pansy Ho was born on 26 August 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 bachelor’s degree in marketing and business. She started her career in Hong Kong in the entertainment industry. 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 owns a substantial stake in MGM Macau, a 600-room, 35-story casino resort. She chairs the Hong Kong property development company Shun Tak Holdings, which was founded by her father. Shun Tak Holdings operates several hotels and run ferries between Hong Kong and Macau. The businesswoman also owns a major stake in SJM, a company owned by her father and MGM China. 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.
Latest News
As reported in the South Morning China Post on January 2018, MGM China Holdings, partially owned by Ho and known as one of Macau’s six major casino operators, would delay opening MGM Cotai. The casino resort’s opening had already been delayed four times, with the latest failed launch date being 29 January. The reason behind the delay was reported as difficulties in obtaining the relevant licensing to operate.
MGM China is a joint venture between Ho and MGM Resorts, a major Las Vegas gaming conglomerate. It was reported in the Macau News Agency that Daisy Ho and Maisy Ho, both sisters to Pansy Ho, have acquired six apartments at the Nova Grand, a property that is part of the real estate portfolio of Shun Tak Holdings. Because of their affiliation with the company, the sisters, including Pansy Ho, abstained from voting at the board meeting in which the purchase was agreed upon. GGR Asia reported in January 2018 that Ho’s personal fortune had risen by approximately 27.9%, increasing her net worth to around US$5.5 billion, as reported by Forbes. Macau Business reported that Nova-branded residential projects, managed by Ho, were the most popular residences in Hong Kong in 2017. In other news, Pansy Ho cleared over US$1.5 billion from MGM China’s 2011 IPO.
More Investors from Asia and Oceania
Andrey Belozerov
Andrey Belozerov is a Russian executive, entrepreneur, and investor who is an expert in digital tech and digital transformation.
Edith Yeung
Edith Yeung, a top Silicon Valley investor who has invested in over 50 major startups in the information technology field.
Deepinder Goyal
Since founding Foodiebay (which was Zomato in a far earlier form) in 2008, Goyal has shown great business acumen and his company has pushed forward despite the odd setback.
Sweta Rau
Angel investor and founder of venture capital firm White Ventures, Sweta Rau is one of the biggest players in India’s FinTech, EdTech and BlockChain industries
Sergey Ashin
Sergey Ashin, a Russian businessman and the CEO and Managing Partner of Chefmarket.ru, a company that delivers meal kits to subscribers.
Dilip Shanghvi
Dilip Shanghvi founder of Sun Pharmaceuticals. Ranked at number eight in India
Gideon Tadmor
Gideon Tadmor is a co-founder and Chairman of Navitas Petroleum. With over two decades of experience in launching and managing international petroleum exploration and production projects, Tadmor is known as a pioneer and thought leader in the Eastern Mediterranean Oil and Gas industry.
Khalifa bin Zayed Al Nayhan
Sheikh Khalifa acts as the chairman of Abu Dhabi Investment Authority, a wealth fund that manages over $600B in assets and handles the Emirate’s oil reserve
Eitan Neishlos
Eitan Neishlos is a fintech innovator, entrepreneur, corporate attorney, philanthropist, and the chairman of AHNA Group as well as Courage to Care NSW.