Nina Wang, Hong Kong Real Estate Tycoon, Dies at 69

Nina_WangOne of the more colorful mavericks in real estate, Nina Wang has passed away at the age of 69. She was embroiled in constant legal issues over the will of her late husband, but grew the Chinachem real estate empire to a multi billion dollar entity throughout Asia.

Nina Wang, reported to be the richest woman in Asia, who won control of her husband’s Hong Kong real-estate empire after a tumultuous legal melodrama that featured a vanishing tycoon, a presumed death, charges of forgery and adultery, opium and impossibly short skirts, died on Tuesday in Hong Kong. She was 69 and had lived in Hong Kong for many years.
Nina Wang in court in 2005. Mrs. Wang’s spokesman, Ringo Wong, announced the death, giving no cause, The Associated Press reported yesterday. The Hong Kong news media had previously reported that Mrs. Wang was suffering from ovarian cancer, The Associated Press said.
This year, Forbes magazine ranked Mrs. Wang as tied for 204th place in its annual list of the world’s richest people, with a net worth of $4.2 billion.
An elfin woman nicknamed Little Sweetie by the Asian press — the name derived from a Japanese comic-book character she was said to resemble — Mrs. Wang was long known in Hong Kong for the outrĂ© personal style she cultivated well into her 60s. via theNew York Times

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