Pansy Ho

Pansy Ho
Born 何超瓊
Ho Chiu-king
(1962-08-26) 26 August 1962
Macau
Nationality Hong Kong
Canada[1]
Alma mater Santa Clara University
Occupation Casino operator
Corporate executive
Net worth $6.4 billion[2]
Spouse(s) Julian Hui (1991–2000)
Parent(s) Stanley Ho
Lucina Laam
Relatives Josie Ho
(sister)
Lawrence Ho
(brother)
Pansy Ho Chiu-king
Traditional Chinese 何超瓊
Simplified Chinese 何超琼

Pansy Catalina Ho Chiu-king ONM (Chinese: 何超瓊, born on 26 August 1962) is a businesswoman and billionaire from Macau.

She is the daughter of Hong Kong-and Macau-based businessman Stanley Ho, and the managing director of various companies he founded, including Shun Tak Holdings and the Sociedade de Turismo e Diversões de Macau.[3][4]

Early life and education

Pansy Ho was born on 26 August 1962, the eldest of five children of Stanley Ho and Lam King Yin. She has three sisters and one brother. Her third sister Josie is a singer, and her brother Lawrence is also a businessman. Furthermore, she has paternal half siblings from her fathers other 'wives'.

She attended an all-girls high school Castilleja School in Palo Alto, California[5] and went on to attend Santa Clara University, graduating with a bachelor's degree in marketing and business.[4] Pansy Ho, also, attended St. Paul's Convent School in Causeway Bay (Hong Kong) as part of her Junior and Senior High School.

Career

In 1981, Ho began a brief career in the Hong Kong entertainment industry, appearing with actor Danny Chan, who himself had then just been in the industry for two years, in the TVB series Breakthrough (突破).[6][7] Later, at age 26, she would launch her own public relations firm.[3] She also supported her sister Josie Ho's efforts to establish her own singing career in the early 1990s over the objection of their father.[8]

Ho owns 29% of the MGM Grand Macau, an association which has proven controversial for business partner MGM Mirage. Nevada's Gaming Control Board and Gaming Commission held extensive hearings in March 2007 on the matter of MGM's partnership with Ho, after which they found that she was a suitable business partner.[9] However, in March 2010, she was barred from running a gaming business in New Jersey due to state gaming regulators' conclusion, based on Cap 148 Gambling Ordinance (kui yau yat tiu gui lun),[10] that her father has "extensive ties" to organised crime, and MGM Mirage was ordered to "disengage itself from any business association" with her.[9][11]

Other activities

Ho serves as chairwoman of the French Macao Business Association.[12] Johnson & Wales University in Providence, Rhode Island awarded her an honorary doctorate of business administration in May 2007.[13] In April 2009, she was named Chevalier de l'Ordre national du Mérite in a ceremony at the French consulate-general of Hong Kong.[12]

Personal life

Ho married Julian Hui, the only son of shipping magnate Hui Sai-fun, in 1991. They divorced in 2000.[14] Late in their marriage, both began seeking other relationships; Ho entered into a relationship with Gilbert Yeung, the son of her father's hospitality and entertainment industry competitor, Albert Yeung. However, Gilbert Yeung's arrest for drug possession in August 2000 at Ho's birthday party focused unwanted media attention on Ho and her relationship with him; Ho's father also made comments in interviews threatening to disown her if she married him. This led to the end of Ho's relationship with Yeung, and also the public announcement that she and Hui would be seeking a divorce.[15][16]

Ho's ties to Chinese organised crime have also been reported by the New Jersey Division of Gaming Enforcement, citing a U.S. Senate committee and several government agencies, when the state investigated her ties to American casino operator MGM Mirage.[17] Ho's father, Stanley Ho, was also named by the Canadian Government, citing the Manila Standard newspaper, as having a link to the Kung Lok Triad (Chinese mafia) and as being linked to "several illegal activities"[18] during the period 1999–2002.

References

  1. ↑ Forbes http://www.forbes.com/profile/pansy-ho/. Missing or empty |title= (help)
  2. ↑ "Pansy Ho". Forbes. Retrieved 11 November 2014.
  3. 1 2 Cottrell, Christopher (12 March 2008), "The Macao maven - China's Power Women", China International Business, retrieved 19 March 2010
  4. 1 2 Ruwitch, John (27 January 2008), "Pansy Ho in the spotlight after opening the $1.25 billion MGM Grand in Macao", New York Times, retrieved 19 March 2010
  5. ↑ "Hello! TAI TAI .com - PANSY HO".
  6. ↑ "赌王家事：强悍的二房子女", Sing Tao, 27 September 2009, retrieved 19 March 2010
  7. ↑ "何超瓊憶陳百強長氣愛傾心事", Ming Pao, 20 September 2009, retrieved 19 March 2010
  8. ↑ Seno, Alexandra A. (8 January 2008), "Josie Ho: Tracking a star, from Hong Kong to Sundance", The New York Times, retrieved 19 March 2010
  9. 1 2 Stutz, Howard (20 May 2009), "Gambling Beyond Nevada: New Jersey regulators say MGM partner is unsuitable; daughter of Hong Kong billionaire Stanley Ho owns 50% of MGM Grand Macau", Las Vegas Review-Journal, retrieved 19 March 2010
  10. ↑ "Hong Kong Ordinances". Retrieved 26 June 2012.
  11. ↑ "N.J. Says Casino Magnate Has Mob Ties in China", The New York Times, 17 March 2010, retrieved 19 March 2010
  12. 1 2 Pansy Ho, Knight of L’Ordre National du Mérite, Hong Kong: Consulate-General of France, 14 April 2009, retrieved 19 March 2010
  13. ↑ "Johnson & Wales graduation this week", Providence Journal, 16 May 2007, retrieved 19 March 2010
  14. ↑ "Michelle marries Julian", The Star, 2 September 2007, retrieved 19 March 2010
  15. ↑ "A Split in the Family", CNN AsiaWeek, 15 September 2000, retrieved 19 March 2010
  16. ↑ "杨其龙与两女友何超琼 MaggieQ锵锵三人行", Sina News, 4 February 2002, retrieved 19 March 2010
  17. ↑ "N.J. Says Casino Magnate Has Mob Ties in China". The New York Times.
  18. ↑
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