The youngest son of the late Macau casino tycoon Stanley Ho has launched a platform targeting family offices that seek Greater Bay Area opportunities.
Mario Ho Yau-kwan has established MSI Finance Management Company (MSI) as its co-founder and vice chairman, according to an «SCMP» report.
Ho will also be accompanied by four other investors including chairman Leo Kei, renowned feng shui master James Lee Shing-chak and two undisclosed shareholders.
«I always wanted to follow my father’s startup spirit as he liked to set up new businesses,» Ho said.
GBA Opportunities
MSI’s platform will look to connect different family businesses in Hong Kong, Macau and Mainland China to invest through funds across opportunities in real estate, entertainment, culture and esports.
According to Ho, about 40 wealthy families have expressed interest in joining the platform and the firm is currently in the process of acquiring an investment firm to meet licensing requirements.
Mario Ho Yau-kwan
Ho, 26, is the youngest child out of the 17 children fathered by Stanley Ho and mothered by the late billionaire’s fourth wife Angela Leong On-kei.
Ho’s family underwent a heavily spotlighted feud over the casino empire’s assets before the 98-year old patriarch passed away last year.
Leong, also a politician in Macau, is the largest shareholder of the Ho family’s SJM Holdings and owns a large portfolio of Hong Kong properties. According to Forbes, she has a net worth of $3.3 billion, making her Hong Kong’s 27th richest individual.
