Mario Ho Yau Kwan has stepped out of his father's shadow to become a successful businessman in his own right. The post Mario Ho Yau Kwan: Casino Heir and Maths Genius (Updated 2023) appeared first on Asia Markets.
Mario Ho Yau Kwan initially found it hard to step out of his father’s shadow.
The son of the late Stanley Ho Hung-sun, Macau’s most famous casino tycoon, he was largely known for his impressive family pedigree.
However, since graduating from MIT, Mario Ho has become a successful entrepreneur in his own right, won various prestigious mathematics competitions and married a former Victoria’s Secret Model.
What is Mario Ho Yau Kwan’s family background?
Mario Ho Yau Kwan was born on January 12, 1995, in China.
He is the youngest son of Stanley Ho the third child of Ho and his fourth wife, Angela Leong.
Throughout Stanley Ho’s life, he had four wives and 17 children in total.
Stanley Ho (Source: Wikipedia)Who was Stanley Ho?
Stanley Ho was responsible for putting Macau on the map in the gambling world.
He changed the game in many ways, most notably by founding and serving as the chairman of SJM Holdings.
SJM Holdings owns 19 casinos in Macau, and the government eventually granted him a monopoly over the gambling business in this country for 75 years.
Therefore, it’s easy to understand why Stanley Ho is often referred to as “The King of Gambling.”
His successful career effectively turned Macau into the “Las Vegas of the East” and a more profitable one.
In 2019, Macau’s casinos earned five times more than their Las Vegas counterparts.
Ho’s career also earned him the title of the wealthiest person in Macau, and he tops many lists of the wealthiest individuals in Asia.
This fortune also led to a highly publicised feud between Ho’s family members after his death in 2020.
Outside of gambling, Stanley also founded Tak Holdings, which gave him a strong footing in various industries, such as real estate, shipping, entertainment, and air transportation.
Mario Ho Yau-Kwan (bottom left) with his brother and parents Stanley Ho and Angela Leong.
Who is Angela Leong?
Angela Leong is Mario Ho Yau Kwan’s mother and Stanely Ho’s fourth wife.
As a prominent Macau politician and billionaire, she is an impressive figure in her own right.
Angela Leong is the owner of numerous properties and businesses in Macau. She also owns properties in Hong Kong and abroad.
According to Forbes, her net worth is $3 billion, putting her in 27th place for the prize of Hong Kong’s richest person.
Where was Mario Ho Yau Kwan educated?
Mario Ho Yau Kwan is known for his exceptional abilities in math.
Between 2008 and 2013, he won the Hong Kong Championship of the World Mathematics Open twice.
He also has five gold medals from the National Mathematics Competition, which is held in the United Kingdom.
Though he was offered admission at both MIT and Oxford, Mario Ho Yau Kwan chose the Massachusetts Institute of Technology for his higher education.
Instead of taking the customary four years to complete his degree, Mario finished his studies in just three years.
When he graduated from MIT, he earned the distinction of being the youngest finance graduate ever.
Following his undergraduate degree, Mario Ho Yau Kwan began a master’s program.
He undertook studies in MIT’s Master of Finance Program, where he was again the youngest student in program history.
What are Mario Ho Yau Kwan’s business interests?
Interestingly enough, despite coming from an extraordinarily wealthy and powerful family, Mario Ho Yau Kwan wanted to stay away from the family business.
Upon graduation, he decided to forge his own path in the business world, as he wanted to embody the entrepreneurial spirit that characterized his late father.
Although he is still very young, Mario Ho is making impressive moves in his professional career.
It seems that his main interest is the MSI Finance Management Company (MSI), of which he is a co-founder.
The MSI platform seeks to connect various family businesses around China, Hong Kong, and Macau in real estate, culture, entertainment, and esports.
Mario Ho is an avid sports fan. He founded the Victor Five, an esports business in China that sets up video game competitions.
He is also a partner in another video-game company called iDreamsky, and the president of the Macau E-Sports Federation.
Additionally, according to his LinkedIn profile, he is the chairman and co-CEO of Ninjas in Pyjamas and the co-founder of Tiancai, and a member of several different associations.
These include the Youth Committee of the Commercial Association of Macau, the Guangdong Province Federation of Returned Overseas Chinese, and the Guangzhou Overseas Friendship Association.
Although we can gain plenty of insight into Mario Ho Yau Kwan’s business interests on the internet, plenty is still unknown.
Mario Ho Yau Kwan ringing the bell at the Hong Kong Stock Exchange in 2018.Which TV Shows has Mario Ho Yau Kwan appeared on?
Aside from his business pursuits, Mario Ho Yau Kwan is a recognizable figure thanks to his participation in numerous television shows.
Recently, he appeared on the Chinese show “Burning Brain,” where he impressed viewers with his math know-how. He competed in several challenging rounds and ultimately won the competition.
Thanks to his participation in television programs, especially this latest one on “Burning Brain,” Mario Ho Yau Kwan is becoming a household name in Asian countries.
Which languages does Mario Ho Yau Kwan speak?
Given that Mario Ho Yau Kwan has lived abroad and has international business interests, it’s no surprise that he speaks several languages.
These include English, Chinese, Cantonese, French, and Korean.
Who Is Mario Ho Yau Kwan’s wife?
Mario Ho Yau Kwan married Ming Xi, a Chinese model, in 2019.
They began dating in 2017 after meeting on a Chinese reality show.
When the couple was engaged, Ho Yau Kwan said “(the) girl of my dreams is now going to be my wife… I’m still in disbelief!”
Ming Xi gave birth to the couple’s first child, and they are expecting a second.
Mario Ho Yau Kwan proposing to his wife in 2019. (Source: Instagram)After the wedding, Ming Xi stepped back from the public eye and has since embraced her role as a stay-at-home mom.
In a recent frank discussion on the Chinese variety show ‘Housework Man’, she spoke openly about her family life and provided a few candid insights about her husband.
The former Victoria’s Secret model said she found Ho Yau Kwan’s marriage proposal ‘surprisingly traditional’ and was candid about her husband’s inability to handle any domestic chores.
“He doesn’t even know how to use a rice cooker, and only knows how to open the fridge, he can’t cook rice, and always orders deliveries!” she said.
Ming Xi also shed light on Mario’s less-than-impressive habits around the house, claiming he doesn’t dispose of his own takeout containers, instead waiting for others to do it for him. “He’s really incorrigibly dirty!” she said.
Mario Ho Yau Kwan forced to deny relationship rumours
In 2022, Mario Ho reportedly chose to confront online accusations regarding his alleged infidelity.
In a post on Weibo, it was alleged Mr. Ho had frivolous relationships with young models both prior to and post his marriage, often presenting them with large sums of money.
Married to Chinese top model Ming Xi, Mr. Ho reportedly addressed these allegations in the comment section of the post.
He responded, “Really? Do you have evidence? How much was the money? Which models? Who told you this? Who are you? Do you get paid for spreading rumours? Do you feel a sense of achievement spreading rumours? Don’t you have other ways of seeking happiness besides spreading rumours? Don’t you have a proper job? Did you make any contribution to society? Can you be more positive? Is your life so boring?”
So far, Ming Xi, also known as Xi Mengyao, has remained silent on the matter, not publicly responding to the allegations.
What Is Mario Ho Yau Kwan’s Net Worth?
As a result of his enormous success, there is much speculation about Mario Ho Yau Kwan’s net worth.
However, he has never personally revealed his net worth.
Some online sources estimate it to be around $64.4 million, though it is likely more.
In 2020, he paid HK$500 million for a house in Hong Kong.
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The post Mario Ho Yau Kwan: Casino Heir and Maths Genius (Updated 2023) appeared first on Asia Markets.