Stanley Ho Children

1 of 4 Stanley and Clementina were quite the lookers in their younger days While his second, third and fourth wives and their kids are still very much in the public eye, little is known about the. (Hongkong May, 26) Hong Kong-Macau business magnate, investor, and philanthropist Stanley Ho Hung-sun has died at the age of 98. Stanley was born in 1921 in Guangzhou. He had 4 wives and 17 children. A rift has surfaced among gaming magnate Stanley Ho Hung-sun's next of kin over his two family trusts. Deborah Ho, a daughter of the tycoon's deceased first wife Clementina Leitao, triggered a.

Stanley Ho Children Son

© SCMP Deborah Ho has requested her elder sister Angela to elaborate on the amount and state of property of the family trusts. Photo: Edward Wong

Children Of Stanley Ho

A rift has surfaced among gaming magnate Stanley Ho Hung-sun's next of kin over his two family trusts.

  1. Stanley Ho has a total of 17 children from a total of four marriages and one of his youngest children is going viral for her beauty.
  2. Stanley Ho is a business magnate based in Macau and Hong Kong. As per Forbes, his estimated net worth was about $3.1 billion in 2014. Forbes listed him as the 13 th richest person in Hong Kong and the richest in Macau. The billionaire stakeholder of SJM Holdings Ltd. (880), the largest casino company in Asia, is also one of the wealthiest persons in Asia.

Deborah Ho, a daughter of the tycoon's deceased first wife Clementina Leitao, triggered a legal action in the High Court last Tuesday by asking her elder sister, Angela Ho Chiu-yin, who is the trustee of The Clementina Ho Trust and The Stanley and Clementina Family Trusts, to provide her with deeds and documents related to changes to the trusts' arrangement.

Deborah, as a beneficiary, also requested Angela elaborate on the amount and state of property of the trusts.

Trust deeds, deeds involving removal and appointment of trustees, information of changes in the structure of the trusts, full trust accounts and financial statements and documents concerning remuneration received by Angela or other previous trustees were among the information she is seeking.

Casino tycoon Stanley Ho's son paid US$64 million for Hong Kong

Deborah also requested that her sister provide copies of all communications that had been made between Angela or other previous trustees and their legal advisers.

The minutes of three meetings between Angela and the beneficiaries, including herself, between 2013 and 2015 in her lawyers' firm, and the minutes and PowerPoint slides relating to a meeting on January 15 in the same location were also requested.

The documents must be handed over within seven days after the court made the orders.

© Provided by South China Morning Post Angela Ho's lawyers issued a statement terming the legal action 'unfortunate'. Photo: David Wong

A Friday statement Angela's lawyers issued on her behalf said it was unfortunate her sister had issued proceedings against her to obtain the documents.

It said under Angela's management, the trusts had outperformed the market and had been operating in a compliant manner. All beneficiaries' needs had been taken care of equally, and Deborah had not been denied any access to information relating to the trusts, it said.

The trusts had held annual meetings to reveal to all beneficiaries the status of its assets and performances. Deborah's questions were also addressed during the meetings.

Stanley Ho's four-decade grip on the world's biggest casino hub

'Deborah claims that she is ill in Macau and poor, and this is unfortunately a fabrication as she has received distributions annually on time and has received around HK$97 million (US$12.5 million),' it said.

Angela was quoted as saying: 'I am very sad and dismayed that all the family members have been dragged into this matter due to Deborah's unnecessary and disruptive actions.'

'King of Gambling' Stanley Ho, 98, one of Asia's richest men, monopolised the gaming industry in Macau until 2002, when the casino hub's government introduced foreign investors.

The Hong Kong-Macau business magnate co-founded SJM Holdings in 1962, which owns nineteen casinos in Macau including the Grand Lisboa. He has four wives and 17 children.

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This article originally appeared on the South China Morning Post (www.scmp.com), the leading news media reporting on China and Asia.

Stanley ho children angela and deborah

Stanley Ho's Children

Copyright (c) 2020. South China Morning Post Publishers Ltd. All rights reserved.

With the passing of casino magnate Stanley Ho, his wives and kids have been thrust back into the spotlight (not like they have ever been out of it) as the issue of how his vast inheritance will be divided among his family has become a major talking point.

  • 1/4
    Stanley and Clementina were quite the lookers in their younger days

    While his second, third and fourth wives and their kids are still very much in the public eye, little is known about the family he had with his first wife, Clementina Angela Leitao, who passed away in 2004 at the age of 80.

  • 2/4

    Their first child, Jane, was born in 1947. She read law in England and was hailed as a capable career woman. She married Siu Pak Shing, who's the heir of a wealthy funeral business in Hongkong, but their marriage ended in divorce in 1981. Jane passed away in 2014 at the age of 67 after years of suffering from Churg-Strauss syndrome, a rare disease that affects one's blood vessels. She is survived by her daughter Ringo Siu.
    Robert was born a year after Jane and was regarded as the heir to his father's casino empire. Sadly, Robert and his wife, English model Suki Porter, were killed in a car accident in Portugal in 1981. Robert was only 33 then.

    Stanley and Clementina were devastated by their son's death and they appointed their youngest daughter Deborah to become the guardian of Robert and Suki's two girls, Faye and Sarah. Sarah, who was three when her parents died, told the South China Morning Post in a 2009 interview that she and her sister were brought up by their grandmother, who split their time between Hongkong and Macau.

    In 2006, Sarah founded SHO Fine Jewellery, while Faye was named the honorary president of Anima, the Society for the Protection of Animals in Macau, in 2010. She was diagnosed with Stage 3 breast cancer in 2016, but has successfully battled the cancer into remission.

  • 3/4
    Angela (far right) and Deborah (with the buzz cut) with their parents

    The couple’s two youngest daughters, Angela, 62, and Deborah, 58, have largely stayed out of the limelight, save for a high-profile spat over money earlier this year.
    Angela, who is married to Danish artist Peter Kjaer, is very involved in the arts. She lived in the US for seven years, but eventually returned to Hongkong, where she purchased an art gallery in the California Tower in upscale Lan Kwai Fong. Its opening in 1993 was attended by Stanley himself.

    Deborah is known for her trademark buzz cut and androgynous style. She reportedly once told reporters, 'I don't need anyone to woo me, dogs will always have the number spot in my heart.'
    In 2000, she went public with her relationship with a female model from Xinjiang named Golly and sources claimed that Stanley was infuriated with her coming out.

    She is also reported to have a strong interest in the property market, snapping up a number of high-value houses and buildings in the past years. In 2005, she opened a two-storey foot massage parlour cum hair salon in Central Hongkong. She handed over the reins to her female friend, Liang Caiyi, for reasons not made known to the public.

  • 4/4

    Stanley and Clementina's two surviving daughters made headlines earlier this year when Deborah started legal proceedings in the High Court to demand that Angela provide her with legal documents with regards to The Clementina Ho Trust and The Stanley and Clementina Family Trusts.
    Angela’s lawyers shot back, saying that Deborah’s claims of being “ill in Macau and poor” were “unfortunately a fabrication as she has received annual distributions on time”. They added that she has received around HK$97mil (S$17.8mil), and Angela blasted her younger sister’s actions as “unnecessary and disruptive”.

    Netizens also pointed out that both Angela and Deborah were conspicuously absent from Stanley’s 98th birthday celebration last November. Granddaughters Ringo, Faye and Sarah were also missing from the festivities, sparking questions on whether they have chosen to distance themselves from the Ho family.

    Photos: PBE Media, Sina

Stanley Ho Children Angela And Deborah

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