InforCapital
CompanyHong KongUpdated Feb 22, 2026
Black Spade Capital

Black Spade Capital

Black Spade Capital: Investor, Limited Partner • focus on Real Estate, Venture Capital • active in Global • offices in Hong Kong • AUM $1.0B.

Company Profile

Black Spade Capital Limited is the family office of entrepreneur Lawrence Ho, Chairman of Melco Resorts & Entertainment. Headquartered in Hong Kong, the firm manages a diversified global investment portfolio spanning public equities, fixed income, real estate, and Pre-IPO opportunities.

The firm led a notable $23 billion merger with VinFast Auto Ltd. through its SPAC, Black Spade Acquisition Co., in August 2023. It also invests strategically across sectors including medical technology, entertainment, green energy, and culture, establishing a solid presence in both emerging and developed markets.

Black Spade Capital actively promotes the development of family offices in Hong Kong by supporting favorable government policies and participating in global events such as the BEYOND Wealth Summit. Its approach combines innovation, diversification, and a strong commitment to sustainable long-term growth. As of 2025, Lawrence Ho’s personal net worth stands at approximately US $1 billion, a significant decline from prior years. This estimate comes from Forbes’ assessment of the Hong Kong 50 Richest list, where Ho dropped off the ranking in February 2024 after his wealth fell from about $1.4 billion to roughly $1.0 billion over the preceding year

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