Macau’s gaming slump has shrunk the fortunes of big investors in the city’s casinos and pushed them down Forbes magazine’s rankings of Hong Kong’s 50 richest people. The chairman of Galaxy Entertainment Group Ltd, Lui Che-woo, has slipped from second place last year to fifth, his net worth having contracted to US$13.4 billion (about MOP107 billion), according to the magazine’s estimates. MGM China Holdings Ltd co-chairman Pansy Ho Chiu King has fallen to 12th place, with US$5 billion, and Melco Crown Entertainment Ltd co-chairman and chief executive Lawrence Ho Yau Lung has fallen to 31st, with US$2 billion. of SJM Holdings Ltd executive director Angela Leong On Kei’s US$1.8 billion means her ranking has declined to 36th, Forbes says.
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