 Hong Kong tycoon left billions to one | |
Hong Kong tycoon Nina Wang, who died last week, left a fortune estimated at 4.2 billion dollars to just one person, a media report said Sunday as speculation grew over who would inherit her wealth.
Wang's lawyer told the Sunday Morning Post that reports she had left her huge wealth to charity were wrong.
"There is an individual beneficiary named in the will, not a charity as some reports suggest," her lawyer Jonathan Midgely was quoted as telling the Post.
He would not reveal the identity of the beneficiary.Wang, who died Tuesday aged 69, had become rich after inheriting her late husband Teddy Wang's Chinachem Group real estate business, which she built up into one of the city's largest private companies.
But she also had to fight an eight-year court battle with her father-in-law over the fortune, which became hotly disputed after Teddy disappeared, believed kidnapped, in 1990.
Nina died leaving no heirs and never publicly named a beneficiary, sparking media speculation about who would inherit her money.
The tycoon, who famously sported mini-skirts and pig-tails well into her 60s, is to be buried in a Catholic funeral on April 18, according to reports.
How lucky THE ONE must be!!!! | 
