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Friday, Dec 04, 2020

A mistress buyout

A mistress buyout

The Macau tycoon Alvin Chau is reportedly paying his former mistress $38 million after she ended the relationship.
Macau gambling tycoon Alvin Chau is a rich man. According to some reports, he is worth no less than US$2 billion

While polygamy is prohibited in mainland China and Hong Kong, many of China’s ultra-rich behave as if it never went away.

Chau’s wealth, meanwhile, has dubious roots: He was forced to apologize to the Communist Party over his company’s ties to a gambling scheme, and he is banned from Australia due to criminal links.

According to Jaynestars, Chau paid the model a HKD300 million “breakup fee”, and he will also pay child support.

The same report claimed that the breakup resulted after Chau continuously refused to get a divorce from his wife, Chan.

Lieu had apparently wanted an “official title” but had given up.

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