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At New Huacheng Travel, the island’s biggest agency for inbound Chinese vacationers, finance manager Park Ho-san sat alone on a recent March day, minding the empty workplace. Yang’s majority stake in Landing International provides him a net worth of far more than $US1.6 billion, according to the Bloomberg Billionaires Index. Landing said it sold the house for $HK2.5 billion ($412 million). The aircraft became a link between Jeju and the wealthy consumers Yang cultivated for the duration of his ascent as a house developer, as effectively as other people coming to the casino, which officially opened in February. Yang did not supply details about the jet’s usage other than that it is strictly for enterprise purposes. Travellers that don’t join tour groups have been less affected, he mentioned.

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