Hong Kong’s second-richest billionaire Lee Shau Kee gifted $257M to his son’s wife

Dr Martin Lee and Cathy Chui shine beside Ballon Swan(Red). Photo: Chui's Instagram

Property tycoon Lee Shau Kee, Hong Kong’s second-richest billionaire, lavished his daughter-in-law Cathy Chui—wife of his son Martin Lee—with gifts worth more than HK$2 billion (US$257.4 million) throughout his life.

According to the local news outlet The Standard, Lee’s gifts to Chui included a HK$50 million education fund, land valued at HK$1.82 billion, and a HK$110 million luxury yacht. He also gifted her and her family a mansion.

It was reported as well by Citing Oriental Daily News and the South China Morning Post that Lee also gave Chui red packets with lucky money for every child she gave birth to.

Additionally, Yahoo! Life noted that when Chui gave birth to her fourth child in 2015, Lee celebrated the occasion by gifting each of his 5,000 employees at Henderson Land Development 10,000 yuan (US$1,384) as a token of appreciation.

These lavish gifts led local media to nickname Chui the " Hundred Billion daughter-in-law."

Now 43, Chui is best known for her roles in the 2000 films "Time and Tide" and "When a Man Loves a Woman," as well as the 2001 film "The Saving Hands." She married Lee’s son Martin, now 54, in 2006.

According to AFP, Lee passed away at the age of 97 on Monday evening, as announced in a press release by his company Henderson Land Development.

As of February, Forbes ranked him as Hong Kong’s second-richest man, with a net worth of US$29.2 billion.

Source: VN Express International