Billionaire’s estate goes to charity as ex-lover loses case

A FENG SHUI adviser who had an affair with Asia’s richest businesswoman before she died lost his bid for her multi-billion dollar estate yesterday when a Hong Kong court deemed his will a forgery.

The legal battle over the late Nina Wang’s fortune has fascinated Hong Kong with its stories of Chinese feng shui rituals and illicit love affairs.

Feng shui is the Chinese practice of arranging objects or choosing dates to improve one’s fortunes.

Yesterday’s ruling marked another episode in the saga of Wang, nicknamed in Hong Kong as “Little Sweetie” for her girlish outfits and pigtail hairdo.

Wang died of cancer in April 2007 at age 69. The lawsuit centred on two competing wills – the 2006 will held by feng shui master Tony Chan Chun-chuen and a 2002 will that left Wang’s fortune to Chinachem Charitable Foundation Ltd, a charity set up by the late businesswoman and her husband.

High Court Judge Lam Man-hon ruled that Chan’s will was a forgery and upheld the 2002 will, according to a summary of his judgment issued by Hong Kong judicial officials.

While Lam accepted that Wang and Chan – more than 20 years her junior – had an intimate relationship, he wrote that the affair was a secret Wang wanted to bury and that when it came to her estate, “she placed a higher regard on her charitable objectives than the defendant,” the summary said.

“The court does not believe that their relationship was such that Nina was prepared to give him her entire estate irrespective of her other commitments and responsibilities. Giving him gifts or even large sums of money during Nina’s lifetime when he made her happy is one thing. Making him her sole heir in respect of her entire estate is quite different,” according to the document.

The court ruled that the purported Wang signature on the 2006 will is a “highly skilled simulation”.

Mobbed by reporters as he left an office building with one of his lawyers, Chan said he was disappointed with the ruling and plans to appeal. “The truth will come out,” he said.

Meanwhile, Wang’s brother, Kung Yan-sum, told reporters: “We have won now. There is justice in this world.”

Hong Kong police didn’t immediately say whether it will investigate and prosecute Chan for forgery. Forgery carries a maximum penalty of 14 years in prison in Hong Kong.

Chan captivated public attention during the trial with his lawyer’s claims that he and Wang were so intimate that she left him a pair of her pigtails. Chan testified they were having an affair when his wife was pregnant with their eldest son, telling the court that Wang called him her “husband”.

Wang inherited developer Chinachem Group from her late husband, Teddy Wang, after an eight-year court case against her father- in-law. Teddy Wang was abducted in 1990, and despite the family paying $33 million in ransom, he was never released and his body never found.

In 2007, Forbes magazine ranked Nina Wang as the world’s 204th richest person with a fortune of US$4.2 billion, but it is not clear how much her fortune is worth because Chinachem Group is a private company.


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