Hong Kong Appoints Three to Manage Nina Wang's $100 Billion Estate - PRESS AI WORLD
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Hong Kong Appoints Three to Manage Nina Wang's $100 Billion Estate

share-iconMonday, January 06 comment-icon2 weeks ago 6 views
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scmpSCMP
Hong Kong Appoints Three to Manage Nina Wang's $100 Billion Estate

Credited from: SCMP

  • Hong Kong's **Secretary for Justice** has appointed three individuals to manage the estate of the late **Nina Wang**, valued at over **$100 billion**.
  • The **Nina Wang Charity Management** was established as the trustee for Wang’s charitable trust in **November 2022**.
  • Appointees include former **Legco president Rita Fan**, ex-HKMA CEO **Joseph Yam**, and **Cheng Yan-kee** from the Baptist University.
  • The **trustee** will oversee the operations of the **Chinachem Group** and fulfill Wang's wishes as outlined in her **2002 will**.
  • Wang’s estate includes major assets and aims to create a prize equivalent to the **Nobel Prize** for recognition in China.

For more details, visit the original article here.

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