- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $1.3 Billion
- Birthdate:
- 1950 (74 years old)
- Birthplace:
- Hong Kong
- Gender:
- Male
What is David Chow's Net Worth?
David Chow is an American entrepreneur, investor and software engineer who has a net worth of $1.3 billion. David Chow is a Macau businessman who earned his place among the world's billionaires after listing his casino and hotel operation Macau Legend on the Hong Kong Stock Exchange in 2013. It was reported in January 2014 by Forbes that Macau Legend Development, led by David Chow, had plans to take advantage of the tripling of its share price since its IPO in 2013 and sell a 2.9% stake to help finance expansion and ongoing operations. Adding to its holding in Macau Legend through the transaction is Dynam Japan, a Japanese pachinko parlor operator that's also listed in Hong Kong. Dynam's chairman Sato Yoji, along with his family, ranked No. 11 on a list of the world's wealthiest gaming entrepreneurs according to Forbes.
Chow is just one of the few who have benefited from the turning of the former Portuguese colony into the world's top gambling mecca. Aside from serving as Macau Legend's co-chairman and its CEO, he is also a former Macau legislator and still holds key posts in manifold Macau business groups. David Chow's mother Lam Fong Ngo, who also holds a seat on Macau Legend's board, has joined her son on the billionaire's list. David Chow is the CEO of Macau Landmark and Macau Fisherman's Wharf Investment Co Ltd. He is also Honored Consul of the Republic of Cape Verde to Macau SAR.
