Fortune of Asia's Richest Woman Goes to Charity

Billions go to trust, not her feng shui lover
By Evann Gastaldo,  Newser Staff
Posted Feb 2, 2010 12:25 PM CST
Fortune of Asia's Richest Woman Goes to Charity
Feng shui master Tony Chan Chun-chuen leaves the office building in Hong Kong Tuesday, Feb. 2, 2010.   (AP Photo/Kin Cheung)

Following a twisted series of sometimes bizarre court battles dating back to the '90s, a Hong Kong court today ruled that the $4.2 billion estate of Asia's richest woman will go to a charitable trust—and not to her feng shui master lover. Tony Chan claimed Nina Wang carried on an affair with him and left him her fortune, but the court deemed the will he produced a fake, the BBC reports.

A 2002 will leaving her estate to the trust, run by her family, will be honored instead. Wang had previously fought over the same fortune with her father-in-law, who made a claim for Wang's inheritance in 1999, nine years after his son was kidnapped and never found. By the time she died in 2007, Wang had a business empire including high-rise towers and companies around the world.
(More Nina Wang stories.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X