We all know that the end goal of any bet or gamble is to win big, and sometimes when we’re lucky, we do exactly that. Something that we tend to forget is that the entire world of gambling is built on a game of risk and reward.
As with any business or start-up, entrepreneurs and investors need to join forces to solidify an idea and find a way to get the ball rolling. Consider this the initial bet. Funding is put into place to support the venture and all parties involved hold their breath as they wait to see if they can make a success of it or not.
In some cases, the risk pays off and the risk-takers receive an ongoing return on their investment, so much so that they’re seen as moguls and leaders of the industry. Just take a look at our list of richest casino moguls to catch a glimpse of just how rich the rewards can be.
The World’s Richest Casino Bosses
- Sheldon Adelson: Topping our list is the 19th richest man in the world. His net worth is currently estimated to be $40.2 billion. While he may be 84 years old, the CEO of Las Vegas Sands Corporation is still actively involved in the industry.
- Lui Che-woo: Hong Kong’s second richest man, 91-year-old Lui Che-woo, is estimated to be worth $11 billion and is currently more interested in construction than the world of gambling.
- Johann Graf: This elusive billionaire from Austria is estimated to be worth $6.6 billion – and that’s about all we know about him.
- Pansy Ho: The only lady on our list and she isn’t even actively involved in the industry anymore. She’s estimated to be worth $6.4 billion and although most of this comes as a result of gambling businesses, she has been banned due to her father’s perceived connection to organised crime.
- Kunio Busujima: From humble beginnings building pachinko machines to owning his very own business that manufactures the device, it’s easy to understand why Kunio’s net worth is said to be $4.2 billion.
- Han Chang-u: He also started out building pachinko machines and is believed to have played an important role in China’s economic growth. His net worth is estimated to be $4.1 billion.
- Kirk Kerkorian: Is largely regarded as the king of Las Vegas and is said to be worth $4 billion.
- James Packer: Australia’s seventh richest man slides in at number eight with a net worth of $3.8 billion.
- Steve Wynn: He was actively involved in building some of Las Vegas’ most prominent casinos and is said to be worth $3.4 billion.
- Lawrence Ho: We conclude our list with the youngest mogul and industry game-changer who is already reimagining the future of gaming. He’s worth $1.47 billion.
Ready To Win?
As the old folks say, you’ve got to risk it for the biscuit. Our list of moguls proves that the right investment, at the right time, can pay off. It’s all about calculating the risks and odds and making an informed decision and enjoy the fun that comes with winning.