What is Cecil Chao's Net Worth?
Cecil Chao is a prominent Hong Kong businessman with an impressive net worth of $2 billion. Born in Hong Kong, Chao is the majority owner of Cheuk Nang Holdings, Ltd., and operates a successful real estate consultation firm, among other ventures.
Family and Controversy
Cecil Chao garnered international attention in 2012 when his daughter married her longtime partner in France. In a surprising move, Chao offered $64 million to any man who could convince his daughter to marry him instead. This announcement sparked controversy worldwide and attracted over 20,000 applicants.
Dowry Increase and Daughter's Stance
Despite the global uproar, Chao remains close with his daughter. Their relationship exemplifies a respectful agreement to disagree. Recently, Chao doubled the dowry to $130 million, hoping to find a suitable suitor. His daughter, however, has stated she would only comply if her suitor agreed to donate the money to charity and acknowledged her marriage.
Personal Life
Cecil Chao is also known for his flamboyant personal life. He claims to have had relationships with over 10,000 women and is frequently seen at charity events accompanied by much younger women.
