Lawrence Ho’s profile picture

Lawrence Ho

Lawrence Ho’s profile picture
Net worth 2018: $2.46 Billion
Residence: Hong Kong, Hong Kong
Country: Hong Kong
BirthDay: 1976
Children: 1
Education: Bachelor of Arts / Science, University of Toronto
BIOGRAPHY

Lawrence Ho was bornon 1976 in Hong Kong, Hong Kong, Hong Kong. Lawrence Ho is #980 in List Billionaires People In The World. A son of Macau gambling-industry legend Stanley Ho, Lawrence Ho gets the bulk of his fortune from his stake in Hong Kong-listed holding company Melco International, the leisure and entertainment outfit he runs. Its Melco Crown Entertainment has one of six concessions and subconcessions to own and operate gambling outfits in Macau. Ho's gaming interests stretch well beyond Macau--Melco Crown owns and operates the $1.6 billion City of Dreams in Manila. Ho grew up mainly in Toronto and worked as an investment banker until Stanley, now 95 years old and largely retired since a 2009 fall at home, lured him into gaming.

NET WORTH STATISTIC
2014

$3 Billion

2015

$2 Billion

2016

$1.2 Billion

2017

$1.6 Billion

2018

$2.46 Billion

TIMELINE
2017

As of January 2017, Ho has an estimated net worth of US$1

2016

In May 2016, Melco became the single largest shareholder of Melco Crown Entertainment, further bolstering the group’s financial position through incorporation of the accounting subsidiary’s full financial contributions

2015

He was also awarded “Asia’s Best CEO” at the Asian Excellence Awards by Corporate Governance Asia magazine for the fourth time in 2015

2014

In 2014, Ho was selected by FinanceAsia magazine as one of the “Best CEOs in Hong Kong” for the fifth time, and was honored as one of the recipients of the Asian Corporate Director Recognition Awards for three consecutive years

2013

Ho is the chairman and a non-executive director of Summit Ascent Holdings Limited, a company listed on the Main Board of the Stock Exchange, since 2013

2009

And in 2009, Ho was selected as one of the “China Top Ten Financial and Intelligent Persons” judged by a panel led by the Beijing Cultural Development Study Institute and Fortune Times, and was named “Young Entrepreneur of the Year” at Hong Kong’s first Asia Pacific Entrepreneurship Awards

2008

In 2008, he was granted the “China Charity Award” by the Ministry of Civil Affairs of China

2007

In 2007, he was a finalist in the “Best Chairman” category in the “Stevie International Business Awards” and one of the “100 Most Influential People across Asia Pacific” by Asiamoney magazine

2005

He also received the “5th China Enterprise Award for Creative Businessmen” by the China Marketing Association and China Enterprise News, “Leader of Tomorrow” by Hong Kong Tatler and the “Directors of the Year Award” by the Hong Kong Institute of Directors in 2005

2001

In 2001, Ho took over the loss making company Melco International Development Limited

1999

Ho moved to Canada as a child and graduated from the University of Toronto with a bachelor's degree in commerce in 1999

1976

Chairman and CEO of Melco InternationalLawrence Ho Yau Lung (Chinese:何猷龍,born 1976) is a Hong Kong billionaire businessman, the chairman and CEO of Melco International and Melco Crown Entertainment

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