Pansy Ho, daughter of Stanley Ho, becomes third family member to make court filing over estate of late ‘King of Gambling’
- Pansy Ho, Stanley Ho’s fifth child, is one of Hong Kong’s wealthiest women in her own right, with an estimated fortune of HK$32.9 billion
- Her caveat filed over her father’s estate comes after others filed by her sister and cousin
Pansy, the eldest child of Ho’s second wife, lodged a caveat on Friday at the Probate Registry in Hong Kong demanding her solicitors at Baker & McKenzie be notified before the sealing of her father’s grant, which includes court orders authorising his estate administrators.
She is the third family member to have lodged such a notice over the estate of Stanley Ho, who was counted as one of Asia’s richest men for decades, with a personal fortune estimated at HK$50 billion (US$6.4 billion) when he retired in 2018.
Pansy’s was the first document filed in the matter since hundreds of Hong Kong’s political and business leaders joined Ho’s family members and friends in mourning the “King of Gambling” last month.
The tycoon died on May 26, at the age of 98, and was survived by 15 of the 17 children he had with four wives.
His passing had been announced by Pansy outside the Hong Kong Sanatorium & Hospital in Happy Valley.
Her brief statement was believed to be a signal that the businesswoman, 23rd on Forbes’ list of Hong Kong’s 50 richest people this year, is stepping into the role as de facto spokeswoman of the sprawling clan.