When Mr Mario Ho's older sister Sabrina got engaged to Harvard student Thomas Xin in June 2019, she reportedly was given a HK$500 million property.
According to The Standard portal, Mr Mario Ho bought the home in 2 Island Road in January when he turned 25. There is talk that Mr Mario Ho's mother paid for the purchase though she fended off media queries by saying that the focus for now should be on the coronavirus situation in Hong Kong, with one death recorded so far.
Mr Mario Ho, a Massachusetts Institute of Technology graduate who is chief executive of a software development platform, previously had to shut down talk that he had a baby with wife Ming Xi last year to get a bigger cut of the family fortune.Posting in November, Mr Mario Ho, who married the Chinese supermodel, 30, in July, said the distribution of the assets had been decided a long time ago, and that he did not need more money.