Stanley Ho Quotes

Stanley Ho — Chinese Businessman born on November 25, 1921,

Stanley Ho GBM GLM GBS GML OBE, also known as Ho Hung Sun, Stanley Ho Hung Sun, is a Hong Kong and Macanese business magnate. Ho has been nicknamed "The King of Gambling", reflecting the government-granted monopoly he held on the Macau gambling industry for 40 years. In 2011 he was the 13th richest man in Hong Kong with a net worth of US$2 billion. He is also Macau's wealthiest person and amongst the wealthiest in Asia. He owns many properties in both Hong Kong and Macau and has taken part in many kinds of business including entertainment, tourism, shipping, real estate, banking, and air transport. It is also estimated that his enterprises employ almost one fourth of the workforce of Macau... (wikipedia)

Because I became a refugee in Macau during 1941, we had this war in Hong Kong, I fought for the government as an air raid warden for 15 days. Our government surrendered, Hong Kong Government surrendered, so I took a junk and came to Macau in 16 hours and I was a refugee, so that's why I was so much indebted to Macau.

We have never heard of laundering in Macau; money laundering is unheard of. Mind you, my casino, every bit of money - someone says Stanley Ho, you issue me a check of so much money - we don't give that easy.

The success of one market model cannot be migrated to another. Ignoring Macau's special characteristics and duplicating a Las Vegas or an Atlantic City would not be a successful strategy.

Macau is limited in size and land is expensive, so gaming and leisure development must be more efficient. We follow a very conservative financial strategy.

Even for charity I always give priority to education because I always teach young people - knowledge is your real companion, your life long companion, not fortune. Fortune can disappear.

Stanley Ho Quotes

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