Heir to property fortune must pay ex-wife €115m

A HONG KONG heir to a property fortune has been ordered to pay his ex-wife more than €115 million in one of the city’s biggest divorce settlements.

High Court Justice John Saunders ruled that billionaire tycoon Samathur Li must pay Florence Tsang, his wife of eight years, €115m, media reports said.

Saunders said the couple lived a “lifestyle which was best described as just below that of a US-dollar billionaire”, and ruled that Tsang, a 38-year-old solicitor, should be kept in the comfort to which she had become accustomed.