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More On Nina Wang and her Feng Shui Master

Nina_want Here is more detailed information about Nina Wang, whom I briefly blogged about yesterday:

  • When she died of cancer in 2007, she was a widow without children and worth an estimated $3.9 billion.
  • Her husband was declared dead in 1999 after he was kidnapped in 1990.
  • Wang executed a will in 2002, leaving her assets to a charitable foundation largely controlled by Wang’s siblings.
  • Wang executed another will in 2006, leaving her assets to fung shui master Tony Chan.
  • The Wang family is fighting to invalidate the 2002 will, asserting that Wang was mentally incompetent and that Chan conned her into executing the will for feng shui purposes.
  • Chan, a married man 23 years younger than Wang, claims the two were lovers who also acted as a married couple.
  • During her life, Wang is estimated to have given Chan $258 million, including funds to pay for his wedding.

See Joyce Hor-Chung Lau, A Feng Shui Master and a $4 Billion Estate, NY Times, July 14, 2009.

Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.