Lawrence Ho
Hong Kong, Hong Kong
Bachelor of Arts/Science, University of Toronto
Hong Kong
casinos
$2,500,000,000
1008
#1008 Billionaires 2019
#34 Hong Kong's 50 Richest 2019
Lawrence Ho controls Nasdaq-listed casino operator Melco Resorts via Hong Kong-listed Melco International Development.His partnership with Australian billionaire James Packer, Melco Crown, ended in 2017 after developing four casinos. Melco Resorts runs three casino-resorts in Macau plus the Mocha chain of slot machine clubs and City of Dreams Manila. Ho left investment banking for gaming in 2003, operating under the license of his father, casino mogul Stanley Ho, before Melco got a license in 2006.
Lawrence Ho is the oldest living son of long-time Macau casino kingpin Stanley Ho, who fathered 17 children by four women. Melco's origins and name trace to Macau Electric Company, listed on the Hong Kong stock market in 1927.
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