Showing posts with label tycoon. Show all posts
Showing posts with label tycoon. Show all posts

Friday, January 31, 2014

Hong Kong Tycoon Rescinds £80 Million Dowry for Lesbian Daughter

THE DAILY TELEGRAPH: Hong Kong businessman withdraws £80 million 'marriage bounty' for gay daughter after her heartfelt open letter – but refuses to accept partner

A Hong Kong tycoon has withdrawn his £80 million "marriage bounty" to find his lesbian daughter a male suitor after she defended her sexuality in a heartfelt open letter, but emphatically refused to accept her partner into the family.

Gigi Chao asked her father, flamboyant property developer Cecil Chao, in an open letter on Wednesday to treat her partner of nine years as a "normal, dignified human being".

Her plea came after Chao, who refuses to recognise her as a lesbian, last week doubled the "marriage bounty" on his daughter to HK$1 billion (£80 million).

The initial offer of HK$500 million two years ago attracted 20,000 candidates after the outlandish declaration made international headlines.

"If this is what she wants to be for the time being, it's all over," the elder Chao, wearing a bright orange textured coat and dark-tinted sunglasses, told CNN in an interview on Thursday. » | AFP | Friday, January 31, 2014

Related »

Thursday, January 30, 2014

Hong Kong Tycoon's Daughter Defends Lesbian Relationship

BBC: Gigi Chao, the daughter of a Hong Kong tycoon has urged her father to accept she is a lesbian, after he offered millions to find her a husband.

In a open letter Ms Chao says Cecil Chao should accept her partner and "treat her like a normal, dignified human being".

Ms Chao, 33, who married her long-term partner Sean Eav in France in 2012, also emphasised: "There are plenty of good men, they are just not for me."

Mr Chao last week reportedly offered to double his 2012 offer of $65m (£40m).

She told the BBC she wrote the letter to set the record straight. (+ BBC audio) » | Thursday, January 30, 2014