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Entrepreneur
Profiles tagged “Entrepreneur”.
9 profiles
Fu Tak Iam and Tai Heng: the two-decade monopoly era of Macau gaming
Fu Tak Iam
The "King of Gambling" in Macau from the 1930s to 1960s. In 1937 he and Kou Ho Neng formed the Tai Heng Company, won the Macau gaming concession by annual tender, and dominated the industry for over two decades while expanding into shipping, real estate, and entertainment.
Yip Hon: from croupier to grandmaster, the real operator behind modern Macau gaming
Yip Hon
A central figure in modern Macau gaming. Rising from croupier to pit master — famed for reading dice by sound alone — Yip Hon co-founded STDM in 1961 with Stanley Ho, Henry Fok, and Teddy Yip, and was widely regarded as the consortium's true gaming operator.
Teddy Yip: STDM founder who put Macau on the world motor-racing map
Teddy Yip
An STDM co-founder and Stanley Ho's brother-in-law. A Chinese businessman born in the Dutch East Indies, he co-founded STDM in 1961 to win the gaming concession, and through Theodore Racing and the Macau Grand Prix put Macau on the world motor-racing map.
Henry Fok: from Tanka boyhood to STDM majority shareholder and a pioneer of mainland investment
Henry Fok Ying Tung
Hong Kong industrialist and STDM's largest shareholder. Born into a Tanka family, he made his fortune postwar in real estate and sand dredging, co-founded STDM in 1961 as its biggest stakeholder, then became a leading early investor in mainland China and a major sports patron, serving in the CPPCC from 1980.
Ng Fok: the Macao industrialist behind the President Hotel and Macao's buses
Ng Fok
Ng Fok is a Macao industrialist — Chairman of the Hotel Presidente, Chairman of the Wu Fok Group, and Chairman of the Macau Public Bus company (TCM). Born in 1928 in Macao, his interests span hospitality, public transport, shipping, real estate and construction, and the airport concession: his businesses include the Hotel Presidente, Macau Public Bus, Macau Dragon shipping, and Macau Real Estate and Construction, and he served as an executive director of the Macao International Airport concession company. Beyond business, he was an establishment participant from Macao's Handover transition — a member and Standing Committee member of the CPPCC National Committee (8th–9th terms), Deputy Director of the Macao SAR Preparatory Committee, and a Standing Committee member of the Basic Law Consultative Committee and Vice Chairman of the Basic Law Promotion Association.
Sheldon Adelson: the American titan who transplanted the Las Vegas integrated-resort formula onto the Cotai Strip
Sheldon Adelson
Founder, Chairman & CEO of Las Vegas Sands. Born to a poor immigrant family in Boston, he created the COMDEX computer expo in 1979, bought the Las Vegas Sands hotel for about US$128 million in 1988, and opened The Venetian Las Vegas in 1999. Awarded a Macao gaming concession in 2002, he opened Sands Macao in 2004 and The Venetian Macao in 2007, pioneering the reclaimed-land "Cotai Strip" and transplanting the American integrated-resort model wholesale to Macao.
Au Chong Kit: the Delta Asia banker who carried a family bank from Macao to the Hong Kong gold market
Au Chong Kit
Au Chong Kit (Stanley Au) is a Macao banker — Chairman of the Delta Asia Financial Group and owner of Banco Delta Asia. Born on 28 August 1941 in Macao with ancestry in Xinhui, Guangdong, he is the son of Au Wing-ngok, who founded the bank's predecessor in 1935. Au graduated from Macao's Yuet Wah College in 1958, moved to Hong Kong in 1959 to work in foreign exchange and gold investment, and in 1974 became one of the first Hong Kong dealers to open Loco London gold/silver trading — earning recognition as an outstanding financier from the Financial Times and a German finance magazine. In 1993 the group was formally restructured as the Delta Asia Financial Group, with commercial banking, investment banking and insurance operations across Macao and Hong Kong. A leader of Macao's SME sector, he founded the Macau SME Federation; he stood in the 1999 Chief Executive election, served in the Provisional and full Legislative Assembly, and has long served on the CPPCC National Committee.
Steve Wynn: the resort architect who wrote the "Las Vegas of the East" vision into Macao
Steve Wynn
Founder of Wynn Resorts. A legendary American gaming-and-resort developer who reshaped the Las Vegas Strip with The Mirage, Bellagio and others, he brought major investment to Macao around 2004 under a vision of a "Las Vegas of the East." Wynn Macau opened in September 2006, and the 57-storey Encore tower was added in 2010 — an integrated mix of gaming, hotel, dining, spa and luxury retail. He stepped down from his company in 2018, but the resorts he built on Macao's outer harbour remain landmarks.
Liu Chak Wan: from New Era buses to a university, the Macao industrialist who reinvents every decade
Liu Chak Wan
Liu Chak Wan is a Macao industrialist — Chairman of the Kangze Group, Chairman of the Macau University of Science and Technology (MUST) Foundation Executive Committee, and a leader of the Kiang Wu Hospital Charitable Association. Born in 1950 in Hong Kong's New Territories with ancestry in Yongding, Fujian, he graduated from Hong Kong Baptist College in English (1974), then moved to Macao to run his father-in-law's trading firm, expanding from garments and trading into public transport (New Era Public Bus), technology, property and finance — earning a reputation as a businessman who "reinvents himself every decade." His most public undertaking is the co-founding of MUST in 2000, where he long served as University Supervisor and Foundation chairman. He has sat on the CPPCC National Committee (8th–13th terms), served on its Standing Committee (11th–12th), and been a member of the Macao SAR Executive Council since 1999.