He died on Nov 7, according to a statement released by Galaxy Entertainment Group, where he was founder and chairman.
Mr Lui had an estimated net worth of US$14.5 billion (S$19.4 billion), according to the Bloomberg Billionaires Index, making him one of the richest people in Hong Kong.
He built his empire in what became the world's biggest gambling hub from scratch, competing with industry veterans including Mr Steve Wynn and Mr Sheldon Adelson. He won a gaming licence in 2002 when the former Portuguese colony's government ended a 40-year monopoly held by Mr Stanley Ho, the so-called King of Gambling, who died in 2020.
Mr Lui started his first resort, StarWorld Macau, in 2006 before opening the Galaxy Macau in the Cotai area, Asia's version of the Las Vegas Strip, in 2011. "Don't just think, 'Oh, he's got so rich!' You don't know how many obstacles he's had to go through," Mr Lui said in an interview that year with Hong Kong's Phoenix Television.
Mr Lui was born on Aug 9, 1929, in the city of Jiangmen in China's Guangdong province, just north of Hong Kong. In 1934, the family crossed into the then British colony to flee the war-torn mainland.
Relatively well off at the time, the family lost its fortune after the Japanese military invaded Hong Kong in 1941.
هذه القصة مأخوذة من طبعة November 13, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة November 13, 2024 من The Straits Times.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Passengers say Turkish Airlines flights have bedbugs
Shortly after boarding her Turkish Airlines flight from Johannesburg to Istanbul in March, Ms Patience Titcombe from Phoenix noticed a small bug crawling on her seat when she got up to use the restroom.
Actor Ben Yeo shutters restaurant after incurring $1 million loss in two years
Local actor and F&B entrepreneur Ben Yeo is shutting down the high-end modern Chinese restaurant he founded, Tan Xiang Yuan, after two years.
Director Jeff Baena elevated dark themes with humour in his works
American director and screenwriter Jeff Baena, who co-wrote the dark comedy I Heart Huckabees (2004) and directed films including Life After Beth (2014) and Horse Girl (2020), died on Jan. 3 at a residence in Los Angeles. He was 47.
Squid Game star denies ties with South Korea ruling party's former leader
Squid Game star Lee Jung-jae has distanced himself from the party of South Korea's President Yoon Suk Yeol after a photo of him with the party's ex-leader resurfaced online, according to Korean media.
Japanese cast dominates as Shogun breaks new ground
Comeback stories and Asian representation at the awards show celebrating the best in film and TV
A toast to Switzerland
The country is adopting a sip-and-stay approach to spread the word on its best-kept secret – wines
Saving the mysterious African manatee in Cameroon
Ever since his first hard-won sightings of African manatees, award-winning marine biologist Aristide Takoukam Kamla has been devoted to protecting the little-known and at-risk aquatic mammals.
'CRAZY' CHUA TURNS PRO
S'pore triathlete aims to win SEA Games, qualify for Asian Games and Olympics
The fall in sport is cruel, inevitable and hard to digest
In sport, this is the guarantee. Falls will be hard. The boxer sent to the canvas. The rugby winger brought to earth. The gymnast slipping off the high bar. And the hero tumbling from his pedestal.
AMORIM WANTS SAME 'MENTALITY EVERY DAY'
United need to replicate the fortitude shown in draw at Liverpool to become a better side
