Lawrence Ho
$1.0B
Born
Jan 16, 1977
Age
48
Source of Wealth
Casinos
Residence
Hong Kong,
Citizenship
Hong Kong
Marital Status
Married
Children
1
Education
Bachelor of Arts/Science, University of Toronto
- 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.
- It entered Europe in 2023 with the opening of a $660 million hospital and gaming complex in the Mediterranean Island of Cyprus.
- EV maker Vinfast, controlled by Vietnam's richest man Pham Nhat Vuong's Vingroup, merged with Ho's Black Spade in a $23 billion SPAC listing on Nasdaq in 2023.
- Ho left investment banking for gaming in 2003, under the license of his late father, casino mogul Stanley Ho, before Melco got a license in 2006.
- Lawrence Ho is the oldest living son of the late 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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