Here's how Stanley Ho's wealth compares to Asia's richest

Here's how Stanley Ho's wealth compares to Asia's richest
PHOTO: South China Morning Post, Reuters, Facebook/Min-Liang Tan

Known to many as the Godfather or King of Gambling, self-made billionaire Stanley Ho died on Tuesday afternoon (May 26) at the age of 98.

The patriarch transformed Macau from a sleepy outpost to overtaking Las Vegas as the key gambling destination of the world.

Ho first made it into Forbes' list of World's Billionaires in 1992 with a net worth of at least US$1.1 billion (S$1.6 billion), rising to US$2 billion by 2010, before he exited the ranking the following year.

By the time he retired from SJM Holdings in 2018, his personal fortune was estimated to be around US$6.4 billion – which is the figure we're using to compare against some of the richest in the region. Disclaimer: It's not quite the fairest comparison, but a comparison nonetheless.

Tan Min-Liang

50th richest person in Singapore, 2019
1999th richest person in the world, 2018
Co-founder and CEO of Razer, CEO of THX
Current net worth: US$560 million or 8 per cent of Stanley Ho's wealth

Tan became the youngest self-made Singapore billionaire with a net worth of US$1.6 billion when Razer went public in 2017, though he quickly dropped out two years later. 

Peter Lim 

10th richest person in Singapore, 2019
Private investor, owner of Valencia football club
Current net worth: US$2 billion or 31 per cent of Stanley Ho's wealth

The 66-year-old's hustle is a classic rags-to-riches tale: beginning as the son of a poor fishmonger, he took on several odd jobs to keep himself in school before beginning his own business career. 

Robert Kuok

Richest person in Malaysia, 2020
141st richest person in the world, 2020
Founder of Kuok Group, investor
Current net worth: US$10.3 billion or 161 per cent of Stanley Ho's wealth

Despite the prominence of Kuok Group, Kuok remains media-shy, with most of his businesses privately held by Kuok himself or his family.

Robert & Philip Ng

2nd richest person(s) in Singapore, 2019
123rd richest person(s) in the world, 2020
Chairman of Sino Group (Robert Ng), CEO of Far East Organisation (Philip Ng)
Current net worth: US$11.1 billion or 173 per cent of Stanley Ho's wealth

The brothers inherited the property and hotel empire from their father, Ng Teng Fong. Together, they've topped Forbes' Singapore Richest List for 10 years straight. 

Zhang Yong

Richest person in Singapore, 2019
118th richest person in the world, 2020
Founder and CEO of Haidilao
Current net worth: US$14.1 billion or 220 per cent of Stanley Ho's wealth

The hotpot billionaire usurped the Ng brothers to take the top spot as Singapore's richest in 2019. Like Peter Lim, Zhang's a labourer-turned-billionaire. 

Chalerm Yoovidhya


2nd richest person in Thailand, 2020
Owner of Red Bull GmbH
Current net worth: US$20.2 billion or 315 per cent of Stanley Ho's wealth

Following the controversy surrounding Yoovidhya's son Vorayuth, who is a fugitive sought after by Interpol, he and the rest of his family members have been keeping a low public profile. 

Jack Ma

Richest person in China, 2019
17th richest person in the world, 2020
Founder of Alibaba
Current net worth: US$41.5 billion or 648 per cent of Stanley Ho's wealth

Once an English teacher, Ma's playful image shattered the stereotype of the drab Chinese executive, such as performing a Michael Jackson number at an Alibaba anniversary celebration three years ago and starring in his own kung fu short film.

Mukesh Ambani

Richest person in India, 2019
21st richest person in the world, 2020
Chairman, managing director and largest shareholder of Reliance Industries
Current net worth: US$53.7 billion or 839 per cent of Stanley Ho’s wealth

In early March, Jack Ma surpassed Ambani to become Asia's richest man after oil saw its biggest plunge in 29 years, but Ambani took back his spot after the Reliance Jio-Facebook deal came through in April. 

With the death of the trailblazer Ho, all eyes now rest upon Pansy Ho — his eldest daughter with his second wife — who is expected to consolidate control over a complicated network of casinos under SJM, the Chinese arm of MGM Resorts International, as well as the ferry and helicopter routes that link Macau and Hong Kong.

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