Hong Kong's Fok Ying Tung and Macau's Stanley Ho are two high-profile business giants whose feud has also attracted widespread attention. From 1961 onwards, feuds began to grow between them. Fok Ying-tung once said that without him, everything in Macau would be fake, including the gambling king Stanley Ho. So, what exactly triggered the conflict between the two?Let's take a look.
One night in 1961, Stanley Ho's relative, Ye Deli, introduced him to a person, who was the highly praised gambling saint Ye Han. Why did Ye Han find Stanley Ho, who had no intimate relationship?The reason is that a year ago, Macau's famous gambling king Fu Laorong died, and Macau's gambling industry fell into a state of no leadership. The gambling card in Fu's hand symbolizes control of Macau's gaming industry, which everyone fights over in this lucrative industry. Ye Han, as Fu Laorong's right-hand man, has long coveted this gambling card. He made several unsuccessful attempts to bid. This time, he was determined to win, so he found Hong Kong's *** Ye Deli. However, Ye Han and Ye Deli realized that the strength of the two of them alone was not enough to fight against powerful forces such as the Fu Laorong family. So Yidley suggested finding his relative Stanley Ho, because Stanley Ho had two advantages: first, he had some influence in Macau, because his eldest wife, Lai Wanhua, was a member of a large local family;Secondly, Stanley Ho also has Portuguese nationality, and Macau** stipulates that new gambling licensees must have Portuguese nationality. After some discussion, Yip Han and Yip Deli got in touch with Stanley Ho.
However, Stanley Ho clearly knew that the strength of the three of them alone was not enough to fight against forces such as the Fu Laorong family. He instantly thought of his good friend Huo Yingdong. The two have been studying at Queen's College in Hong Kong since they were children, and their relationship has always been very good. When Stanley Ho fled Hong Kong to Macau, Fok Ying-tung was in charge of going to sea to catch seafarers and grass and ** to Stanley Ho's company. After Stanley Ho returned to Hong Kong, he and Fok Yingdong's wife became poker buddies at the mahjong table, deepening their friendship. Therefore, Stanley Ho decided to find Fok Yingdong and seek cooperation. However, Fok Ying-tung's scornful attitude towards the gambling industry has put Stanley Ho in a difficult position.
In order to convince Fok Yingdong to join the bid, Stanley Ho devised a strategy. First of all, he invited Fok Yingdong to play football in Macau, deliberately making Fok Yingdong mistakenly think that he had no intention of bidding for gambling cards. In addition, in order to further paralyze Fok Yingdong, Stanley Ho deliberately did not carry enough funds. However, the two stayed in Macau after playing football, and Stanley Ho made a suggestion to Fok Yingdong that night: should they bid for gambling cards together?One of his conditions was that all profits from gambling be donated to charity. Fok Ying-tung has always been very interested in philanthropy and is very interested in this idea. He believes that if you can get benefits from the people, for the people, you can turn bad things into good things. So that evening, the two immediately began to make a plan to bid for the gambling cards. The next day, they came up with an unbeatable plan and decided to use most of the gambling proceeds for the urban development of Macau. As soon as this plan was proposed, Macau** immediately approved the Macau Entertainment Company, which consists of Stanley Ho, Fok Ying Tung, Yip Hon and Yip Deli, to operate gambling licenses.
However, it wasn't long before Fok discovered that Stanley Ho had not fulfilled his promise to use all of his gaming proceeds for charity. Instead, Stanley Ho used gambling to make a profit. This made Fok Yingdong very angry, and then Stanley Ho and Ye Han had a serious fight within the company. The two fought endlessly, even for decades. Faced with this situation, Fok Yingdong decided to withdraw from the day-to-day operations of the company and was almost insulated from Stanley Ho for a while.
It wasn't until 2003 that Fok Yingdong fulfilled his promise that year. He donated all the shares of Macau Entertainment Company worth about 10 billion Hong Kong dollars to the Fok Ying Tung Charity Association of Macau, realizing his commitment not to rely on gambling profits and to use them for charity. At the donation ceremony, Stanley Ho attended the event, and the two finally met with a smile.
In 2006, Fok Yingdong unfortunately died of illness in Beijing. His funeral was held in Hong Kong, and Stanley Ho attended the funeral to see off his old friend. In the end, Stanley Ho and Fok Yingdong regained their friendship at the last moment.
Fok Ying Tung and Stanley Ho are two business giants who both have a lot of influence in the gaming industry. The conflict between them stems from the competition for gambling cards, but also involves the non-fulfillment of promises. Eventually, however, they were able to regain their friendship and make amends for their past feuds through philanthropy. This story teaches us that there can be conflicts and frictions in business competition, but the power of friendship and philanthropy can resolve them and bring people forward together.