Adelson is still the world’s richest casino mogul

Sheldon Adelson is the wealthiest casino mogul in the world, according to this year’s Forbes list of the world’s billionaires, released yesterday. Mr Adelson was ranked at position number 14, with a net worth of US$24.9 billion (MOP199 billion). Last year, Mr Adelson was in spot 16, with a net worth of US$23.3 billion. This year’s list again includes several people with connections to Macau. Lui Che Woo, the chairman of Galaxy Entertainment Group Ltd. is in spot 178, with a net worth of US$5.7 billion, while MGM China Holdings Ltd.’s co-chairwoman Pansy Ho Chiu King is ranked 314, with a net worth of US$3.5 billion. Steve Wynn comes a bit behind, in position 491, with a net worth of US$2.5 billion, while his former business partner Kazuo Okada and family are ranked in 719th position, with a net worth of US$1.8 billion. Angela Leong On Kei comes close, with a net worth of US$1.7 billion, in position 764. Mexico telecom mogul Carlos Slim again topped the Forbes annual world’s richest list, with his US$69 billion fortune, which while down from last year, still outpaced the runner-up, Microsoft founder Bill Gates. Forbes said 1,226 tycoons made it onto its global list of billionaires this year. In the third spot was U.S. investment guru Warren Buffett, worth US$44 billion.