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Fortune teller inherits billions
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 HONG KONG. If feng shui master and fortune teller Tony Chan Chun-cheun is as
talented as Nina Wang, Asia’s richest woman, believed him to be, the
news that he has inherited her £2 billion estate will come as no
surprise to him. Lawyers representing the pig-tailed businesswoman, who
owned Chinachem and died from ovarian cancer earlier this month,
announced the decision on Friday 20 April, but it is likely that her
96-year-old father-in-law will be among the challengers. She is
pictured with Mr Chan.
In her will dated 16 October 2006, the flamboyant Nina Wang, who had no children, bequeathed all of her estate to her trusted psychic adviser.
Chan, 48, who is married with three children, is already a wealthy man, having made his own fortune from his twin obsessions, feng shui and property – in Hong Kong most new buildings are aligned according to the “wind and water” principles of geomancy. He was described as a “private” man by Jonathan Midgely, of law firm Haldanes.
“Mr Chan believes that he understood her philosophy, both her personal philosophy and her philosophy in running her businesses,” said Mr Midgely.
“He understands that Mrs Wang decided that it was best if her business interests were left to one person who had the necessary experience to continue to manage the Chinachem Group and would do so in a way consistent with her own philosophy.”
Nina Wang’s husband Teddy was twice kidnapped. First, in 1983, he was chained to a bed for eight days until his wife paid a $33 million ransom for his release. Seven years later he was targeted once more and never seen again. Nina became “chairlady” of Chinachem and built it into a major property developer.
He was not declared officially dead until 1999 and only in 2002, after a 171-day courtroom battle, did his widow receive her dead husband’s estate, estimated at $128 million.
Mr Chan was first photographed with Nina Wang in the early 1990s and is said to have gained her trust by saying that he knew her husband was still alive. The pair were seen on a number of occasions performing rituals for Mr Wang’s safe return on Kau Sai temple.
Another of his clients – also a property developer – introduced them.
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Posted on Sunday, April 22, 2007
Category: Future
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