David Ho (businessman) explained

Ho Ying-chie
Birth Place:Hong Kong
Nationality:Canadian (1986-)
Relations:Ho Ying-chie - grandfather
Occupation:businessman
Known For:Harmony Airways

David Ho Ting-kwok (born c. 1953)[1] is a Vancouver based Canadian entrepreneur originally from Hong Kong.[2] He founded the now defunct Harmony Airways,[2] and owns the University Golf Club (course land owned and leased from Musqueam Capital Corporation). He has a minority interest in MCL Motors (founded 1992) since selling it to Dilawri Automotive Group in 2010.[3] In 2005 he was named the Businessman of the Year by the Vancouver Junior Board of Trade.[4] Ho is a former member of the Vancouver Police Board.[5]

In 2009 Ho was charged with unlawful confinement, cocaine possession and possession of an unregistered firearm in relation to an incident involving a prostitute. On February 2, 2012, he pleaded guilty to a charge of unlawful confinement and was given a one-year suspended sentence, 45 hours of community service and a $5,000 fine.[6]

Ho and his family have been frequent donors to various charities, especially Orbis International.[6]

Ho's name was found in the Panama Papers involving his registration of Harmonyworld Investment Company by Mossack Foncesa.[7]

Background

Ho's grandfather, Ho Ying-chie, owned the Hong Kong Tobacco Co., the eighth-largest tobacco company worldwide. Sing Tao News Corporation Limited chairman Charles Ho is his brother.[8]

Ho attended Woodberry Forest School in Virginia, and then studied business at the University of Richmond.[9] Ho, and his then-wife Rita Fung (sister of Fairchild Group CEO Thomas Fung and daughter of Fung King Hey, co-founder of Sun Hung Kai & Co. of Hong Kong), arrived in Canada in 1984 because she had family in the Vancouver area.[2] [9] The couple divorced in 1995. Ho later married Winnie Schweitzer,[10] who along with Ho are directors in Seychelles registered Harmonyworld Investments.

See also

Notes and References

  1. News: Vancouver billionaire facing new charged while awaiting trial for unlawful confinement. Vancouver Sun. 2011-06-04. dead. https://web.archive.org/web/20110804222743/https://vancouversun.com/Vancouver+billionaire+facing+charged+while+awaiting+trial+unlawful+confinement/4983771/story.html. 2011-08-04.
  2. https://calgaryherald.com/news/Prominent+Vancouver+businessman+David+charged/2043439/story.html "Billionaire Vancouver businessman David Ho faces criminal charges"
  3. Dilawri.ca. Vancouver luxury dealership joins national automotive group . 2010-06-02. Accessed 2015-03-25.
  4. http://www.globaltvbc.com/Archives+Harmony+Airways+founder+David+named+business+leader+year/2043576/story.html "Archives: Harmony Airways founder David Ho named business leader of the year"
  5. https://www.straight.com/article-260081/vancouver-businessman-david-ho-charged-unlawful-confinement-and-weapons-offences "Vancouver businessman David Ho charged with unlawful confinement and weapons offences"
  6. Frances Bula, "Vancouver billionaire pleads guilty to confining prostitute after night of sex" The Globe and Mail 2 February 2012
  7. Web site: Vancouver billionaire became Mossack Fonseca client while facing criminal charges . . 26 May 2016 .
  8. https://www.thestar.com/news/canada/2012/02/03/bc_billionaire_pleads_guilty_to_unlawfully_confining_prostitute.html "B.C. billionaire pleads guilty to unlawfully confining prostitute"
  9. http://www.macleans.ca/business/companies/article.jsp?content=20051128_116501_116501 "David Ho: Ultra-secritive, and ultra-rich"
  10. Web site: Panama Papers law firm approved Vancouver billionaire David Ho despite his criminal charges. Cbc.ca. 20 July 2022.