Insight Gaming’S Billionaires
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Insight GAMiNG’S BillioNAireS the gAMing billionAiRe liSt 1. Sheldon Adelson -$38bn the GAMiNG iNduStry’S 2. Lui Che Woo - $22bn 3. Johann Graf - $7.2bn BillioNAire liSt - 2014 4. James Packer - $6.5bn 5. Pansy Ho - $6.4bn A recent study in Forbes outlined the 6. Kunio Busujima - $4.9bn Sheldon Adelson 7. Kirk Kerkorian - $4.5bn world’s ever growing list of 1,600+ rank: no. 8 8. Steve Wynn - $3.8bn billionaires. Exploring the list in detail Wealth: $38bn 9. Han Chang-Woo - $3.4bn reveals the 23 individuals from the age: 80 10. Lawrence Ho - $3bn gaming industry that rank among the US 11. Angela Leong - $2.8bn prestigous order. While there are obvious 12. Elaine Wynn - $2.7bn omissions, not least from privately owned 13. Phillip Ruffin - $2.5bn businesses, Genting Resorts and there’s in 2013, Sheldon adelson made an 14 . Manuel Lao Hernandez - $2.2bn not a single Russian or South American average of $32m per day over the last 15. David Chow - $1.8bn here, the list is revealing as to the sheer year, as shares of his Las Vegas Sands, 16. Denise Coates - $1.6bn scale of the self-made wealth and worth more than all other U.S. casino 17. Kazuo Okada - $1.35bn geographic dispersion, with almost half companies combined, continued 18. Frank Fertitta, III. - $1.3bn the list comprised of South East Asian climbing thanks to continued expansion 19. Lorenzo Fertitta - $1.3bn billionaires. And while Macau sought to in asia. Mr. adelson dropped plans to 20. Chen Lip Keong - $1.25bn develop a $30bn euroVegas project in break Stanley Ho’s monopoly by splitting 21 . Hajime Satomi - $1.1bn Spain and is now pitting himself and his 22. Ina Chan - $1bn up his licences, his wives and siblings on wealth against US online gambling. 23. Lam Fong Ngo - $1bn this list tell another story. Lui Che Woo Johann Graf, James Packer rank: no. 28 rank: no. 186 rank: no. 208 Wealth: $22bn Wealth: $7.2bn Wealth: $6.5bn age: 84 age: 67 age: 46 Hong Kong austria australia Lui che Woo's wealth more than This is the first year that 10 austrians James Packer severed his family's deep doubled in the last 12 months as shares made it onto the billionaire list. Prof. ties to the media sector in 2012 when of galaxy entertainment soared in Hong Johann graf is currently austria's he sold pay-TV company consolidated Kong. Bidding $1.1bn for a Macau second richest citizen, after red Bull's Media Holdings to newscorp., pocketing gaming license was a master stroke dietrich Mateschitz. in 2012, net profit $1 billion. That leaves him to focus on that has since seen galaxy's market cap from ordinary activities for the his gaming empire crown Ltd., which reach $40bn, with galaxy owning the novomatic group of companies, owned owns casinos in australia and has a largest plot of land of the six operators by Prof. graf, rose by 9.1 per cent to joint venture--Melco crown on cotai. Lui also has plans to invest in €359m ($488m) on revenue of entertainment - in Macau and Manila Hengqin island. €3.2bn ($4.35bn). with Lawrence Ho. 88 Insight GAMiNG’S BillioNAireS Pansy Ho Kunio Busujima Kirk Kerkorian rank: no. 212 rank: no. 295 rank: no. 328 Wealth: $6.4bn Wealth: $4.9bn Wealth: $328bn age: 51 age: 88 age: 96 Hong Kong Japan US The co-chair of MgM china, Pansy Ho, Kunio Busujima is the founder and Hotel magnate Kirk Kerkorian is still saw her wealth rise by $2bn since last honorary chairman of pachinko making money at the age of 96. year as the shares in her joint venture gaming-machine maker Sankyo, now despite selling $750m worth of shares with MgM resorts jumped nearly 70 per run by his son Hideyuki. The company's of MgM international resorts in recent cent. Pansy became Hong Kong's fortunes are improving with growing years, the chairman emeritus (he richest woman when the casino outfit sales and a share price bump of more stepped down as chairman three years went public in Hong Kong three years than a third over the past year. ago) still owns nearly one-fifth its ago. shares, which have nearly doubled in the past year - helping boost his net worth by $1.2bn. Steve Wynn Han Chang-Woo Lawrence Ho rank: no. 396 rank: no. 466 rank: no. 551 Wealth: $3.8bn Wealth: $3.4bn Wealth: $3bn age: 72 age: 83 age: 37 US Japan Hong Kong embroiled in an ongoing legal dispute Korean-Japanese businessman Han Son of Macau gambling-industry with Kazuo okada, Steve Wynn dropped chang-Woo, is chairman and ceo of legend Stanley Ho, has seen a big rise in some of the allegations last year; in Maruhan, which owns pachinko the stock price of his Hong Kong-listed october a judge placed the case on six parlours, bowling alleys, golf driving holding company, Melco international. month hold while prosecutors further ranges and movie theaters in Japan. Melco crown entertainment, a venture investigate okada's potential one of its biggest draws are new with australian billionaire James Packer, involvement in bribery in the Philippines. machine events. at its Tokyo tower which has casino-resort projects in ex-wife elaine has capitalised on the more than 500 machines challenge Macau and Manila. He is teaming up dispute to try to regain voting control of 5,000 daily players. They are replaced with robert de niro and others to open her Wynn resorts stock. every six months. a nobu Hotel in Manila. Angela Leong Elaine Wynn Phillip Ruffin rank: no. 609 rank: no. 642 rank: no. 687 Wealth: $2.8bn Wealth: $2.7bn Wealth: $2.5bn age: 52 age: 70 age: 78 Hong Kong US US angela Leong, the fourth wife of elaine Wynn cofounded Wynn resorts Las Vegas tycoon Phillip ruffin bought Stanley Ho (they never officially with ex-husband Steve three decades Treasure island resort & casino for married), gained control of SJM Holdings ago and sits on the board of the $755m in March 2009, with the after Mr. Ho divided his gambling company. as part of the couple's 2010 property now worth an estimated empire among his four wives and 17 divorce, elaine received 11 million $1.6bn. He sold the new Frontier Hotel children. SJM, which operates 18 shares of the company, though an & casino to israeli billionaire yitzhak casinos in Macau, its to invest $3.2bn agreement with former business Tshuva's el-ad group in 2007 for $1.2 on a new casino resort in cotai to partner, Kazuo okada, required that she billion, after purchasing the hotel in compete with its five rivals that already clear any shares sales with her ex- 1998 for only $165m. have projects under way there. husband. 89 Insight GAMiNG’S BillioNAireS Manuel Lao David Chow Denise Coates Hernandez rank: no. 988 rank: no. 1092 rank: no. 796 Wealth: $1.8bn Wealth: $1.6bn Wealth: $2.2bn age: 64 age: 46 age: 69 Macau UK Spain Manuel Lao Hernandez founded cirsa david chow, Macau Legend's co- denise coates bought the domain as a small gaming company in 1978 chairman and its ceo, is a former Bet365.com in 2000 and launched the and over three decades, turned it into Macau legislator, and holds top posts in website in March 2001 after being Spain's largest casino corporation. The numerous Macau business groups. His shunned by traditional venture company operates in nine countries in mother Lam Fong ngo, who sits on capitalists. Today, coates is joint ceo Latin america and europe and grossed Macau Legend's board, is also now a with her brother John and is by far the more than $2.5bn (€1.8bn) in revenues billionaire. largest shareholder in the company with in 2013. cirsa is 100 per cent owned by a 50.3 per cent stake. Sales hit $1.6bn Hernandez. His three children all work in last year at Bet365, which also owns the family business. British Premier League team Stoke city. Kazuo Okada Frank Fertitta Chen Lip Keong rank: no. 1270 rank: no. 1284 rank: no. 1356 Wealth: $1.35bn Wealth: $1.3bn Wealth: $1.25bn age: 71 age: 52 age: 66 Japan US Malaysia Kazuo okada helped launch Wynn Frank Fertitta and younger brother chen Lip Keong's nagacorp holds a resorts in 2000 with a $260m Lorenzo own Las Vegas-based Station monopoly on gambling in Phnom Penh, investment. Wynn seized okada's 20 casinos, which emerged from and its nagaWorld is the largest casino per cent stake in 2012 and gave him a bankruptcy in 2011. in april the brothers in cambodia. Listed in Hong Kong in $1.9bn promissory note. The case drags debuted the U.S.' first legal online 2006, the stock is up on high margins on, with breach of contract, fraud and gambling site, ultimatepoker.com to and rising revenue. naga2 is expected other charges yet to be resolved. Mr. capture a piece of the growing $4 billion to open in 2015 with two hotels, okada is preparing to bid for two online gambling market. restaurants, an entertainment and Japanese casino licenses and exploring shopping. Plans to build a Vladivostok opportunities in Korea and Philippines. resort-casino to open in 2018. Hajime Satomi Ina Chan Lam Fong Ngo rank: no. 1465 rank: no. 1565 rank: no. 1565 Wealth: $1.1bn Wealth: $1bn Wealth: $1bn age: 72 age: 60 age: n/a Japan Hong Kong Macau Founder and chief of Sega Sammy, ina chan, known as the "third wife" of Lam Fong ngo is the vice chairman of Hajime Satomi, returns to the gambling tycoon Stanley Ho, debuts on Macau Legend, a casino and hotel billionaires list as the stock price of his this year's list thanks to the iPo of operator that went public at the Hong pachinko machine and gaming casino and hotel business Macau Kong exchange in 2013.