Stanley Ho (born 25 November 1921), also known as Ho Hung Sun, Stanley Ho Hung Sun, is a Hong Kong and Macanese business magnate. Ho has been nicknamed "The King of Gambling", reflecting the government-granted monopoly he held on the Macau gambling industry for 40 years. In 2011 he was the 13th richest man in Hong Kong with a net worth of US$2 billion. He is also Macau's wealthiest person and amongst the wealthiest in Asia. He owns many properties in both Hong Kong and Macau and has taken part in many kinds of business including entertainment, tourism, shipping, real estate, banking, and air transport. It is also estimated that his enterprises employ almost one fourth of the workforce of Macau. Apart from Hong Kong and Macau, he has also invested in mainland China, Portugal, North Korea, Vietnam, the Philippines, Mozambique, Indonesia and East Timor.