James Robinson IV: Path to Becoming a VC and Launching RRE Ventures

James Robinson IV: Path to Becoming a VC and Launching RRE Ventures

Full Story »

The Game Plan for Success

Font Size: + | -

Don’t we all just love those rags to riches stories? How about a riches-to-more-riches story for a change? That’s exactly what the story of Macau millionaire David Chow Kam-Fai is. He was born in 1950 in a wealthy Hong Kong based family. David Chow was sent off at a tender age to America, where he began proving his dynamism and daring spirit. The casino business attracted Chow and it was only a matter of time before success came knocking on his door. Having carved out a niche for himself, Chow returned to Macau full of enthusiasm and hope.

However, the former Portuguese colony was a whole new ballgame. His ideas of duplicating his successful junket model in Macau were met with resistance. But there was no stopping Chow. Did you expect scorn to dampen the spirits of a man who would not be discouraged by the economic slump of the 1990s? While most entrepreneurs ran for cover during this period, Chow stood strong in the line of fire. This is when he started work on the ultra-luxurious Landmark building. In 2003, the highly successful Landmark Hotel was inaugurated. The hotel’s lavish casino, the Legend Club, attracts the crème de la crème of the Asian gambling industry.

“Enterprising” is an apt adjective for Chow. The Macau Fisherman’s Wharf, the first theme park in the region, is further proof of that. Themes like Dynasty Wharf, East Meets West and Legend Wharf are as fascinating as they sound. Rides, discos and slot machines add to the enthralling experience.

Chow really knew how to do it in style. Legend Development Co. Ltd., owned by the business tycoon, was the first company in Asia to purchase a Legacy Executive aircraft. With that, the Macau property mogul gained a foothold in the corporate aviation business.

Early last year, Chow announced an investment of $100 million to build a colossal entertainment park on the island of Santa Maria. The park, along with its plush casino, fancy restaurants, nightclubs and hotels, is scheduled to be completed next year. David Chow has promised an investment of another $300 million in the future in major infrastructure projects in Praia.

Although Chow has huge investments in other parts of the world, his heart beats for Macau. He is as passionate about Macau as he is about the businesses he heads. He has made a mark as a local politician, an entrepreneur and an investor. David Chow Kam-Fai is the name behind many legendary feats.

Sponsored Messages:

* Please be civilized. Comments that include ad hominem attacks or destructive criticism will be removed.

blog comments powered by Disqus
  • Categories
  • New to angel investing? Send us your question and begin investing in startups today.
    ask venturehype
     
  • "You can be anything you want to be, if only you believe with sufficient conviction and act in accordance with your faith; for whatever the mind can conceive and believe, the mind can achieve."

    -Napoleon Hill

 e-Newsletter Signup

Delivered straight to your inbox every week, VH News offers quick tips, links and info relevant to angel and seed investors. Stay abreast of what's making news in the angel investing space. Sign up now.



Venture Hype respects your privacy. We'll never sell or share your email, and you may unsubscribe anytime.

View in: Mobile | Standard