BillionaireNet
Leong
Angela Leong
Rank #1709
HONG KONGGambling & CasinosCasinos

Angela Leong

Net Worth
$2.294B
-0.11% (24h)
Angela Leong, a prominent figure in Macau, is a billionaire businesswoman and politician. Born on March 23, 1960, with roots in Guangzhou, China, she has built a significant fortune through her investments in casinos and real estate. Leong serves as the managing director and the largest individual shareholder of SJM Holdings, a leading casino operator in Macau. She is also a member of the Legislative Council of Macau, advocating for casino interests. Her career reflects a blend of business acumen and political influence, contributing to Macau's economic development and cultural landscape. As of December 2024, her net worth is $2.3 billion.

The Full Dossier

Early Life

Angela Leong On Kei was born in Guangzhou, China, on March 23, 1960. Her family roots are in Sanshui, Guangdong. She grew up in a modest household, facing financial challenges early in her life. Leong's journey began with a dance career before she ventured into the business world.

Rise to Success

Leong's career took a pivotal turn when she met Stanley Ho in 1986, a Macau casino tycoon. She became his fourth partner. Leong began investing in real estate, accumulating a significant portfolio in Hong Kong, Macau, and major cities in China. She entered electoral politics in 2005, supported by Stanley Ho, to represent casino interests. She founded the Macau Sanshui Communal Association to support new immigrants, demonstrating her commitment to social services. She became the managing director of Sociedade de Jogos de Macau in December 2010.

Key Business Strategies

Leong's business strategies focused on expanding her real estate holdings and building influence within Macau's casino industry. Her investments included the formation of L'Avenue, a holding company managing various properties, including buildings in Hong Kong and the luxurious L'Arc Macau hotel. Leong is the largest individual shareholder of SJM Holdings, with 12% of the company's shares. SJM Holdings operates 13 casinos in Macau.

Philanthropy

Leong is also involved with the Po Leung Kuk, an organization focused on education and social welfare. She served as chairman, ensuring children are raised in a safe and loving environment.

Career Timeline

2010

Managing Director

Became the managing director of Sociedade de Jogos de Macau.

2005

Entered Politics

Entered electoral politics with the support of her husband to represent casino interests.

1986

Met Stanley Ho

Met Stanley Ho, a Macau casino tycoon, while working as a dance teacher.

Philanthropic Impact

Social ServicesUndisclosed

Macau Sanshui Communal Association

Founded to provide social services to new immigrants.

Education and Social WelfareUndisclosed

Po Leung Kuk

Served as chairman of the Po Leung Kuk, which focuses on education and social welfare

Wealth Trajectory