Ho's death a few days ago caused a huge shock. Stanley Ho is a famous Macau gambler. When Ho Hung Sun died, what everyone is most concerned about is who is the successor?
Two years ago, when Ho officially retired, many people thought that Ho Chao Feng had become the successor, because Ho Chao Feng became the new chairman of SJM. However, it is not correct to say that Ho Chao Feng is the successor of Ho Hung Sun, because Ho Hong Feng has more than one company, but also Shun Tak Group. Shun Tak Group is engaged in the non-gaming business of Ho Jia. Shun Tak Group left it to He Chaoqiong.
In addition, SJM did not give He Chaofeng alone, He Hongshen also arranged for the fourth wife, Liang Anqi, to be the co-chairman. So SJM actually has two hands. From this point of view, He Chaofeng, He Chaoqiong, and Liang Anqi can all be called successors.
Recently, He Hongsheng passed away, He Chaoqiong spoke as a representative, and last year the He family donated back to Ma Shou, and it was also He Chaoqiong who spoke on behalf of him, so many people believe that He Chaoqiong is the real successor. Many people think that Ho Hongshen's practice of passing on women and not men is very good and worth learning from other rich people.
However, in fact, He Chaoqiong is not the real successor of He Hongshen, because the real successor of He Hongsheng is still his eldest son. He is He Youlong of the second room.
He Hongshen had a total of 16 children, and the eldest son, He Youguang, died in a car accident in 1981, so He Youlong became the eldest son. He Youlong did not succeed He Hongshen in any business, nor did he speak on behalf of the He family, so why is He Youlong the real successor?
It depends on how you define succession. For example, everyone thinks that Li Zeju is Li Ka-shing's successor, but from another point of view, Li Zekai is Li Ka-shing's successor. Li Ka-shing let his two sons, one inherit his own business, the other to start his own business.
Although Li Zekai went to start a business, from a spiritual point of view, he is the real successor of Li Ka-shing, because Li Ka-shing believes that Li Zekai's pioneering spirit is better and closer to himself. Li Zeju is too conservative in his work, so he is not suitable for starting a business, but suitable for keeping his career.
To put it bluntly, from Li Ka-shing's heart, Li Zeju is just a stand-in for himself, and Li Zekai is his real successor. Li Ka-shing is a great entrepreneur, and entrepreneurs must have a pioneering spirit. If you just keep your business and don't innovate, you can't be considered a good entrepreneur. Therefore, from the perspective of inner cognition, Li Zekai is Li Ka-shing's successor.
This also happened to Ho Hung-sun. In fact, whether it is Ho Hung-sun or Li Ka-shing, they all know that to ensure the longevity of the family, then the eggs must not be put in one basket. If, like Lee Shau Kee, the two sons come to guard the business, if the business goes wrong, then the whole family will not be able to do it.
He Chaoxin once said that fathers have very high requirements for their sons and are very fond of their daughters. After the death of his eldest son, Ho had only 4 sons left. Among them, He Youheng, He Youjun and others were too young to take on heavy responsibilities. The only person who can take on great responsibilities is He Youlong.
He Youlong was born in 1977, and he was only 4 years old when his eldest brother He Youguang died. At that time, He Youlong also became the only son of He Hongshen. Therefore, He Hongshen has always placed high hopes on He Youlong. He Youlong was sent to Canada by his father to study and live at a very young age. He Youlong was very lonely at that time, and even thought that his father did not like him. When He Youlong was studying in Canada, he fell in love with boxing. In fact, when He Hongshen was young, he also liked boxing very much. An entrepreneur must have the spirit of a boxer, because the mall is like a battlefield, either you die or I die.
After graduating, Ho returned to Hong Kong. Ho did not give him a position as a family company executive directly, but instead let him go outside to practice. He Youlong himself worked as an intern at a securities company in Hong Kong, and no one knew that he was the son of the gambling king. He Youlong worked in the company for half a year, because of his excellent work performance, he was finally able to turn positive.
In fact, He Youlong never thought of relying on his father, so he quickly partnered with a friend to open a company. Ho was also very relieved to see all this. For Mr. Ho, his plan was for his daughter to take over, while his son would go out and start a new stove.
When He Hongshen was young, his father went bankrupt in stock trading, so the family fell in the middle of the road, and later It was He Hongshen who made a comeback on his own. Therefore, Ho Hongshen knows that entrepreneurship is the best defensive job, which is similar to playing basketball, and offense is the best defense. If you can only defend, you will never be able to win.
If you keep attacking, you will press your opponent on your own position, thus keeping your position away from the war. He Youlong soon achieved good results in entrepreneurship, the company's profit can be several million a year, and successfully listed in Hong Kong.
Later, in order to further test He Youlong, Ho Hung-sun gave him one of his own restaurants. This restaurant is Hong Kong's Jumbo Seafood Restaurant. At the time, the company had been losing money. After Ho took over, he spent 4 months studying the cuisine and carrying out a series of reforms to the restaurant, which eventually brought the restaurant back to life and became the most well-known seafood restaurant in Hong Kong.
Jumbo Seafood Restaurant is the restaurant in the final battle in Stephen Chow's "God of Food". This restaurant has been popular in Hong Kong for 20 years. Jumbo Seafood Restaurant also further proves Ho's ability. Subsequently, He Hongshen supported He Youlong for 600 million. He relied on the 600 million yuan to start a company in Macau, contracted some slot machines under his father's company, and also achieved success.
In 2005, Ho supported He Youlong for another $900 million, allowing him to acquire a gambling card from Wynn Group and inject it into Melco International. Subsequently, Ho set up Melco Shadow Hub Hotel in Macau, and set up Melco Boya to list in the United States, raising up to US$1.5 billion, and then pushed Melco International to list in Hong Kong.
Last year, Ho Built a new hotel, Mopas, which has become Macau's new Internet celebrity hotel and is currently performing very well. Recently, He Youlong has been increasing his stake in Melco International. Although his hotel business has not been good in recent times, from the past 20 years, Ho Youlong has become a gambling king, and he is also known as a small gambler in Macau.
Although He Youlong has a successful career, he is very humble as a person, which is also a very rare point. It can be said that He Youlong is the real successor of He Hongshen.