Late billionaire Stanley Ho’s daughter Josie unfazed by smaller inheritance compared to siblings

Hong Kong singer-actress Josie Ho, the daughter of late Macau casino king Stanley Ho, is unfazed by the distribution of her father’s billion-dollar assets.

Despite receiving a smaller inheritance compared to her siblings, Josie believes the allocation was fair as she “did not contribute” to the family business.

“I didn’t return to help with the family business. My siblings dedicated their youth to it, so they deserve more,” the 49-year-old said in an episode of the reality TV programme Super Lucky.

Instead of joining the family business, Josie went against her parents’ wishes and pursued a career in entertainment.

When asked if her inheritance amounted to at least HK$10bil (RM5.6bil), Josie laughed without giving a direct answer.

However, when asked if the amount was around HK$20bil (RM11.2bil), she firmly denied it, adding: “No, it’s far from it.”

In response to a question about how many films she could produce with her inheritance, Josie revealed that her older sister had once advised her to shut down her company due to the financial losses her film investments were incurring.

Stanley, who passed away in 2020 at the age of 98, had reportedly set up a family trust ensuring that each of his 17 children – born to four different wives – receives a six-figure sum monthly.

Josie, born to Stanley’s second wife Lucina Laam, has three older sisters and a younger brother – Pansy, 61, Daisy, 60, Maisy, 57, and Lawrence, 48.

Daisy and Maisy are executive directors at property developer Shun Tak Holdings while Lawrence chairs Melco International Development.

Meanwhile, Pansy is said to be the most successful among Stanley’s 17 children, taking over a significant portion of her father’s empire and has a net worth of US$3.9bil (RM18.5bil), according to Forbes.