Feng shui master loses battle for fortune of Asia’s richest woman
February 2nd, 2010 - 12:02 pm ICT by IANSHong Kong, Feb 2 (DPA) A Hong Kong judge Tuesday dismissed a claim on the $13 billion estate of Asia’s richest woman by a feng shui master who claimed to have been her secret lover.
The judge, Johnson Lam Man-hon, threw out the claim by feng shui master Tony Chan, 50, for the entire fortune of Nina Wang, head of the Chinachem property empire who died in April 2007 aged 69.
Instead, he awarded the estate to a charitable foundation run by Wang’s family, saying that a will produced by Chan to claim Wang’s fortune was not genuine.
The ruling followed a 40-day hearing last year which pitted 50-year-old Chan against the tycoon’s family who claimed he was nothing more than a “toy boy” to the lonely widow.
In his 300-page ruling released Tuesday, the judge said Chan was not a suitable candidate to inherit Wang’s business empire and that the tycoon’s relationship with him and gifts of money to him did not prove his claim.
Chan was virtually unknown in Hong Kong before he emerged claiming to be Wang’s long-term lover after the head of the Chinachem property empire died of ovarian cancer.
He claimed to have been Wang’s secret lover for 14 years, having midnight meetings after she first consulted him to try to trace her missing husband Teddy.
Chan claimed that Wang referred to him as her “husband” and had wanted to have a child with him when she was in her 50s before discovering she could not conceive.
Lawyers representing Wang’s family, however, claimed the will allegedly leaving everything to Chan was a forgery, possibly signed by Wang as part of a feng shui ritual.
Wang’s family argued that she never intended to leave him her vast fortune. She gave him large sums of money for his feng shui guidance, they claimed.
The alleged affair between Wang and Chan is said to have begun two years after Wang’s tycoon husband, Teddy, was kidnapped in 1990, never to reappear. Teddy Wang was later declared legally dead.
Wang inherited the Chinachem empire after Teddy’s disappearance, confounding critics by building it up into a multi-billion-dollar business conglomerate.
Despite her enormous wealth, Wang was known for being notoriously frugal, once claiming she needed only around $400 a month to live on.
- Court: Nina Wang's lover's will is a forgery - Feb 03, 2010
- Court hears Hong Kong tycoon tricked into giving away fortune - Apr 14, 2009
- Tony Chan's Claim On Nina Wang's Property Has Been Dismissed - Feb 03, 2010
- Nina Wang's alleged lover claims her multi-billion-dollar fortune - Jun 30, 2009
- Asia's richest woman was feng shui master's lover, court told - Nov 15, 2008
- Asia'S richest woman gave away fortune in return for 'eternal life' - Nov 11, 2008
- Hong Kong politician burns $70,000 on mystic's advice - May 21, 2009
- Nina Wang's pigtails will be presented by Tony Chan - May 11, 2009
- Bogus feng shui master jailed for duping Hong Kong model into sex - Jan 21, 2010
- Masked woman distributes food, money among poor in Hong Kong - May 31, 2011
- Jackie Chan among least trustworthy Hong Kong people - Mar 01, 2010
- "Milkshake Murder" Retrial Starts Today - Jan 12, 2011
- Australian Billionaire Gina Rinehart is now the world's richest woman - May 24, 2012
- Forbes names Baidu founder Robin Li Chinese mainland's richest - Apr 29, 2011
- 'Spider-woman' who held knife to ex's throat, demanding a reunion, jailed - Aug 17, 2010
Tags: 50s, business empire, charitable foundation, feb 2, feng shui master, forgery, fortune, judge johnson, lam, lonely widow, nina wang, ovarian cancer, richest woman, secret lover, suitable candidate, sums of money, teddy wang, tony chan, toy boy, tycoon