A Hong Kong judge appointed an administrator yesterday to oversee the multi-billion dollar estate of the late Hong Kong tycoon Nina Wang, during what could be a long court battle between Wang's feng shui master and her family.
Wang died in April at the age of 69. She was Asia's richest woman, with a fortune estimated at between 4 and 12 billion USD.
Known for her signature pigtails and nicknamed "Little Sweetie," Wang won control of her late husband's business empire in 2005 in a court case against her father-in-law.
In the latest in a series of complex legal maneuvers, Judge Andrew Cheung told the rival camps yesterday that he had agreed to appoint an independent administrator for Wang's estate.
"The present litigation is unfortunately likely to be protracted," Cheung said.
Two main parties are vying for Wang's inheritance due to the existence of two competing wills.
The Chinachem Charitable Foundation, run primarily by Wang's family, lays claim to a 2002 will. Meanwhile, feng shui enthusiast and businessman Tony Chan claims to be the sole beneficiary of a will drafted last year by Wang as she lay dying of cancer.
The rival camps are expected to clarify their claims on Wang's estate in formal legal statements in the coming weeks.
Wang was ranked the 154th richest person in the world last year by Forbes magazine.
In 1990, her husband, Teddy Wang, was abducted and never seen alive again. She stirred controversy by waging a legal war against her father-in-law, Wang Din-shin, to secure her husband's billions before he had been confirmed dead.
Question:
1.When Nina Wang died in April, how old was she?
2.What is the name of the organization run by Wang’s family?
3.According to Forbes magazine last year, how many people were more wealthy than Wang?
Answers:
1.69.
2.Chinachem Charitable Foundation.
3.153.
（英语点津 Celene 编辑）
About the broadcaster:
Jonathan Stewart is a media and journalism expert from the United States with four years of experience as a writer and instructor. He accepted a foreign expert position with chinadaily.com.cn in June 2007 following the completion of his Master of Arts degree in International Relations and Comparative Politics.
