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ARTICLE · 04 FEBRUARY 2013

Looking After The Family Silver - Asian Style

A discussion on asset protection in the light of Dr Stanley Ho and Nina Wang in Hong Kong case, which almost everyone will be able to regale you with stories about how Dr Ho lost his $3bn casino empire and how Nina Wang’s feng shui expert allegedly tried to claim her rumoured $4.2bn fortune.

JerseyWealth Management

When you mention the high profile names of Dr Stanley Ho and Nina Wang in Hong Kong, almost everyone will be able to regale you with stories about how Dr Ho lost his $3bn casino empire and how Nina Wang's feng shui expert allegedly tried to claim her rumoured $4.2bn fortune.

In Dr Ho's case, it was suggested that the main cause of the trouble was when he fell ill, his share of SJM Holdings was then fought over and divided up amongst his family comprising at least 4 wives and 17 children. According to the media stories, it had reportedly been Dr Ho's intention to pass his share of SJM to his second and third wives.

For Nina Wang, media reports described how her feng shui expert claimed that they had allegedly had an affair for years and it was Nina Wang's intention, it was maintained, to leave him a substantial share of her wealth rather than have her family inherit it.

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