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June 1, 2020

Daughter Pansy Ho succeeds Macau casino kingpin Stanley Ho, coronavirus crumbles Murdoch’s media empire foundations, John Elkann of the Agnelli dynasty shares Exor’s Covid-19 strategy.

Daughter Pansy Ho succeeds Macau casino kingpin Stanley Ho

Stanley Ho, the flamboyant patriarch who transformed Macau from a Portuguese outpost into the world’s gambling capital, has died at the age of 98, leaving his daughter Pansy Ho as the heir apparent.

July 12, 2017

Billionaire Wang Jianlin to sell hotels and tourism properties; Danone sheds US dairy business to competitor; and Hobby Lobby fined for smuggling Iraqi artefacts

Billionaire Wang Jianlin to sell hotels, tourism properties

China’s second wealthiest man will sell some of his multi-billion dollar property portfolio to a competitor, as a means of paying down debt.

Wanda Group, led by billionaire Wang Jianlin, will sell 76 hotels and a 91% share in 13 tourism properties to Sunac Holdings for ¥63.17 billion ($9.29 billion).

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