Early Life
Angela Leong On Kei was born on March 23, 1960, in Guangzhou, China. She comes from a family with roots in Sanshui, Guangdong. Facing financial challenges in her early years, she began her career working as a dance teacher. In 1986, she met Stanley Ho, the Macau casino tycoon, and later became his fourth partner.
Rise to Success
Leong's career took a significant turn when she entered electoral politics in 2005, advocating for casino interests. She is the director and managing director of SJM Holdings, a major casino operator in Macau. Her strategic investments and her leadership roles in various organizations, including the Macau Jockey Club and Po Leung Kuk, have significantly contributed to her wealth and influence. Leong's wealth stems primarily from her investments in SJM Holdings and a significant portfolio of Hong Kong properties.
Key Business Strategies
Leong is known for her astute investments, particularly in real estate. She has built a substantial property portfolio, including holdings in Hong Kong, Macau, and major cities in China. Her approach involves patient, long-term investments and a focus on properties with special characteristics. In 2019, her portfolio grew too large to be managed separately, leading to the formation of L'Avenue, a holding company. She also has a 12% share in SJM Holdings, where she has a significant role in its operations.
Philanthropy
Angela Leong founded the Macau Sanshui Communal Association to provide social services to new immigrants and contributes to the PLK Vicwood KT Chong Sixth Form College as a supervisor. While specific financial amounts for her philanthropic initiatives are not readily available, her involvement reflects a commitment to social causes within Macau.
