Saturday, April 28, 2007

Government help sought in row over Nina's will


Nina Wang Kung Yu-sum's family is putting up a fight over her will.
The Chinachem Charitable Foundation is taking steps to involve the (Chinese) government in what looks to be a long legal battle.

The Standard - China's Business Newspaper:
"Wang's brother Kung Yan-sum and younger sisters Kung Yan-sum and Kung Chung-sum, who are on the board of the Chinachem Charitable Foundation, have been actively building a strong team of witnesses for the anticipated court battle.

They have requested the two non- beneficiaries on the purported 2002 will - Heng Kim Thiam, a project director of Chinachem Group, and Li Chi-ming, a major shareholder of a private architect's firm - as well as Wang's former doctors and nurses, business tycoons and lifelong friends to act as witnesses should this be necessary."

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Thursday, April 26, 2007

Family Fights for Fortune


Nina Wang's family has filed a writ with the high court against Feng shui master Chan Chun Chuen's claims that he is the sole beneficiary of Wang's 4.2 billion dollar estate (nice sum, eh?)
"Wednesday's writ is set to spark another costly and spectacular courtroom drama, this time involving the little-known Chan, described by his lawyer as a successful property developer who practices feng shui as a hobby." [source]



Oh, so the attorney is playing down the importance of Chan's feng shui connection with Nina. Suddenly Chan's focus is that of a property developer and not of a suave, smooth talking fortuneteller.
A large fortune is at stake (represented by the 7 of Coins) but sitting in limbo will not do anyone good (nor will a lengthy court battle).
Nina Wang's family sees the money as rightfully theirs yet to their amazement they see Chan's claim and in that regard they feel the money is theirs yet the money can not be grasped/used/utilized as envisioned. Chan likewise sees the money as represented by the 7 of Coins. All is not lost when the 7 of Coins is present but the card advises action and warns of possible disappointment.
Obviously the family has taken swift action (as represented by the 8 of Wands) and is not letting a moment go by. The 8 of Wands often is symbolic of communication but in the case of Nina Wang's family vs. the claims to the estate by Feng shui master Chan Chun Chuen this card may symbolize the initiation of court battles. There will be communication and bitterness back and forth in a volley.

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Wednesday, April 25, 2007

Twists in the Fortuneteller Windfall Case

The dream of every fortuneteller is to advise wealthy clients.
To be named an heir in a billion dollar estate is a dream come true but the interference of angry relatives can bring such dreams to a grinding halt.

What was the real life interaction like between Tony Chan Chun-chuen and Nina Wang?
Read about the interesting contrast in lifestyles between the two.

Legal cases and gossip are certainly to follow. Here are some interesting reads:

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Tuesday, April 24, 2007

Fortuneteller heir to wealth of anime-like sweetheart


And to my fortune teller I leave£2 billion | the Daily Mail

Nina Wang, Asia's wealthiest woman and widow of pharmaceutical magnate died and left a large sum of money to a feng shui master (Chinese fortuneteller).

Nina, quite the sweet eccentric was known as "Little Sweetie'' and often played the part dressed like a manga doll in schoolgirl miniskirts, bright groovy clothing and braided pigtails.

"In January, Forbes magazine named Mrs Wang the 11th richest person in China, Taiwan and Hong Kong and reckoned her wealth at well over £2bn."[source]


At the moment it seems as if Tony Chan Chun-chuen is the sole heir but will his expertise in feng shui help Chan stave off court challenges for that fortune?

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