“Although we know the day will come, it does not ease our sorrow,” said Pansy Ho Chiu-king, the eldest child from Ho’s second marriage, adding that the tycoon passed away at 1pm at the Hong Kong Sanatorium & Hospital. “Dad will stay in people’s hearts forever and our family will continue to [contribute] to society.”
Ho leaves behind a gambling empire that contributed to as much as half of the tax receipts earned by the Macau government, a heft that made him the first living Macanese to have an avenue in the territory named after him. One of Asia’s richest men for decades, Ho’s personal fortune wasestimated at HK$50 billion (US$6.4 billion) when he retired in 2018 just months before his 97th birthday.