Charity in Hong Kong Court Battle Over ‘Little Sweetie’ Billions
May 14, 2009 | Read Time: 1 minute
Lawyers began arguments this week in a Hong Kong courtroom drama over the estate of the Chinese billionaire Nina Wang, according to The Wall Street Journal.
The legal fight is between Ms. Wang’s charity, which under a purported 2002 will was to take control of her estimated $4.2-billion fortune, and Tony Chen, a feng-shui master who claims he was her lover for 15 years and who has produced a 2006 will that he says named him sole heir.
Ms. Wang – whose fondness for pigtails and girlish attire earned her the nickname “Little Sweetie” – died of cancer two years ago. She inherited the real-estate fortune amassed by her husband, Teddy Wang, after a long court fight that followed his kidnapping and disappearance in 1990.
