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.
Bu hikaye The Straits Times dergisinin November 13, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Straits Times dergisinin November 13, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
South Korea's defence ministry denies preferential treatment for BTS' V
South Korea's Ministry of National Defence has refuted claims that V, a member of K-pop boy band BTS, received preferential treatment while serving in the military.
K-actor Jung Woo-sung admits to fathering model Moon Ga-bi's child
South Korean actor Jung Woo-sung, 51, admitted on Nov 24 that he is the father of South Korean model Moon Ga-bi's child.
Chuck Woolery was the first host of Wheel Of Fortune
Chuck Woolery (right), the affable host of Love Connection, Wheel Of Fortune and other television game shows in the United States, who later criticized liberal values and the US Democratic Party as the co-host of a popular right-wing podcast, died on Nov 23 at his home in Texas. He was 83.
Sole Singaporean contestant Yang Yan eliminated
Idol survival reality show Starlight Boys
Spotlight on two female-directed movies in India
Laapataa Ladies and All We Imagine As Light might have a shot at winning Academy Awards, a rare prospect for the country
For diamond shoppers, yet another choice to make – natural or man-made?
With Thanksgiving marking the unofficial start of engagement season - late November through Valentine's Day is when marriage proposals are common - ring buying is top of mind for many couples considering marriage.
Culture and cuisine in Hanoi
Visit the Vietnamese capital's Opera House and sample offerings from Michelin-starred chefs in Senses of Capella
BUDGET TIPS FOR FAMILY TRIPS
Going abroad? Here are five money-saving hacks for the holidays with your nearest and dearest
How the late Arthur Frommer inspired travellers to 'just do it'
In the 1980s, when I planned my first trip to Europe, I cannot remember which Frommer's travel guidebook I took along.
Tension, pressure, nerve, genius: At the chess c'ship, the wait is worth it
For all the flow of action, all sport involves varied acts of waiting. We wait for the goal in football, the shooter to fire between heartbeats, a snarling Rafael Nadal to uppercut the air in delight.
