David Ho (businessman)

Last updated
Ho Ying-chie
Born1953 (age 7071)
NationalityCanadian (1986-)
Occupationbusinessman
Known for Harmony Airways
Relatives

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). [3] He has a minority interest in MCL Motors (founded 1992) since selling it to Dilawri Automotive Group in 2010. [4] In 2005 he was named the Businessman of the Year by the Vancouver Junior Board of Trade. [5] Ho is a former member of the Vancouver Police Board. [3]

Contents

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. [8] Sing Tao News Corporation Limited chairman Charles Ho is his brother. [9]

Ho attended Woodberry Forest School in Virginia, and then studied business at the University of Richmond. [8] 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] [8] The couple divorced in 1995. Ho later married Winnie Schweitzer, [10] who along with Ho are directors in Seychelles registered Harmonyworld Investments.

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References

  1. "Vancouver billionaire facing new charged while awaiting trial for unlawful confinement". Vancouver Sun. 2011-06-04. Archived from the original on 2011-08-04.
  2. 1 2 3 "Billionaire Vancouver businessman David Ho faces criminal charges", Vancouver Sun , September 29, 2009.
  3. 1 2 "Vancouver businessman David Ho charged with unlawful confinement and weapons offences", Georgia Straight , September 28, 2009.
  4. Dilawri.ca. Vancouver luxury dealership joins national automotive group Archived 2015-04-02 at the Wayback Machine . 2010-06-02. Accessed 2015-03-25.
  5. "Archives: Harmony Airways founder David Ho named business leader of the year" Archived 2012-02-17 at the Wayback Machine , Vancouver Sun , June 29, 2005.
  6. 1 2 Frances Bula, "Vancouver billionaire pleads guilty to confining prostitute after night of sex" The Globe and Mail 2 February 2012
  7. "Vancouver billionaire became Mossack Fonseca client while facing criminal charges". Toronto Star . 26 May 2016.
  8. 1 2 3 "David Ho: Ultra-secritive, and ultra-rich" Archived 2010-08-11 at the Wayback Machine , Maclean's , November 28, 2005.
  9. "B.C. billionaire pleads guilty to unlawfully confining prostitute" Toronto Star 2012-02-03
  10. "Panama Papers law firm approved Vancouver billionaire David Ho despite his criminal charges". Cbc.ca. Retrieved 20 July 2022.