Lawrence Ho Net Worth

Lawrence Ho, born in 1976 in Hong Kong, is the son of Macau gambling-industry legend Stanley Ho. He is the majority shareholder of Melco International, a leisure and entertainment holding company, and its subsidiary Melco Crown Entertainment, which has one of six concessions and subconcessions to own and operate gambling outfits in Macau. Ho also owns and operates the $1.6 billion City of Dreams in Manila. After growing up in Toronto and working as an investment banker, Ho was lured into gaming by his father, Stanley, who is now 95 years old and largely retired since a 2009 fall at home.
Lawrence Ho is a member of Gambling & Casinos

Age, Biography and Wiki

Birth Year 1976
Birth Place Hong Kong, Hong Kong, Hong Kong
Age 47 YEARS OLD
Residence Hong Kong
Alma mater University of Toronto
Occupation Chairman and CEO of Melco International Chairman and CEO of Melco Crown Entertainment
Spouse(s) Sharen Lo (2000.11-)
Children 1 daughter
Parent(s) Stanley Ho Lucina Laam

💰 Net worth: $1.2 Billion (2024)

Lawrence Ho, a prominent figure in the gambling and casinos industry in Hong Kong, is projected to have a staggering net worth of $1.2 billion by 2024. As the son of Macau gaming tycoon Stanley Ho, Lawrence has forged his path by establishing himself as a respected entrepreneur and visionary leader. With his extensive experience and expertise, Lawrence has contributed significantly to the growth and success of various gambling ventures in Hong Kong and beyond. His considerable net worth is a testament to his astute business acumen and unwavering commitment to excellence in the gambling and casinos sector.

2014 $3 Billion
2015 $2 Billion
2016 $1.2 Billion
2017 $1.6 Billion
2018 $2.46 Billion

Biography/Timeline

1999

Ho moved to Canada as a child and graduated from the University of Toronto with a bachelor's degree in commerce in 1999. He was awarded an honorary doctorate by Edinburgh Napier University, Scotland in July 2009.

2001

In 2001, Ho took over the loss making company Melco International Development Limited. Melco has transformed and re-shuffled the Business focus on to leisure and entertainment. Melco has developed its first casino hotel in Taipa, Macau (now known as Altira Macau, a Forbes 5-Star hotel), the acquisition of one of the only six Macau Gaming concessionaires and sub-concessionaries, and forming a joint venture (now known as Melco Crown Entertainment) with the Australia Billionaire, James Packer’s, Crown Limited (formerly Publishing and Broadcasting Ltd), for Asian gambling Business opportunities. In 2006, Melco Crown Entertainment was publicly listed on NASDAQ (ticker symbol: MPEL) and was the fourth-largest IPO in the US and the then largest ever NASDAQ IPO for an Asian company.

2005

Institutional Investor honored him as the “Best CEO” in 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.

2006

Ho is married to Sharen Lo Shau Yan, granddaughter of the founder of beverage maker Vitasoy, Kwee Seong Lo. They have one daughter, born in September 2006.

2013

Ho is the chairman and CEO of Melco International Development Limited and Melco Crown Entertainment. 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.

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

2015

Melco also holds interest in Tigre de Cristal, a gambling and resort development project located in the Primorye Integrated Entertainment Zone in Vladivostok, Russia, which was successfully opened on 11 November 2015.

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. Ho was re-designated as chairman, and will continue to be the CEO of Melco Crown Entertainment.

2017

As of January 2017, Ho has an estimated net worth of US$1.47 billion.

2019

Ho is a member of the National Committee of the Chinese People’s Political Consultative Conference. and serves on numerous boards and committees of privately held companies in Hong Kong, Macau and mainland China.

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