Yes, you might helicopter to work instead of drive, and take dips in a pool filled with reddish-pink Mao bills, but what good is all that venture capital if you don’t have love? Billionaire Wang Gongquan (王功权), the founder and head of CDH Venture Partners, might be inclined to agree with the above statement.
Wang, who’s company manages a $5.5 billion US dollar portfolio, weib’d Monday evening that he would be ‘giving up everything’ to elope with his mistress, Wang Qin (王琴).
China Real Time Report reveals that Wang dropped the bombshell only two weeks after getting perspective from a monthlong vacation in Florida and Hawaii:
“To all friends and relatives, to all colleagues, I am giving up everything and eloping with Wang Qin,” Mr. Wang, 49 years old, wrote on his verified account on Sina Weibo, China’s most active microblogging service. “I thank everyone for the years of care of assistance, and wish everyone happiness! I have no way to face everyone’s expectations and trust, and I have no way to explain this to everyone. I feel ashamed and so am leaving without saying goodbye. I kneel down and beg forgiveness!”
Conducting a so-called human flesh search, many have speculated that Wang Qin, the woman mentioned in the announcement, is the 34-year-old founder of a Jiangsu-based investment company called Zhongfu. Calls to the company went unanswered Wednesday.
As is the way with online commenters, Wang received equal amounts of support and condemnation, with some praising him for ‘living honestly’, and others criticizing Wang for ‘acting selfishly’.
In his latest post from 9 am Wednesday morning, Wang attempts to clear up some rumors, including that he was trying to cover up getting ‘disappeared’ by the government, or that he’s seeking to create publicity for a new venture. Wang also states, ‘As for everyone condemning me for bringing shame and ruin upon myself, I do not care.’
To our ears, it sounds as if Wang is just an old-fashioned romantic, no longer fulfilled by breathtaking market gains and stock speculation. A poem posted on his weibo reads:
“Always facing the whispers of the wind with a heart longing for love, I loathe nothing more than laboring for profane achievements. Who has ever seen mountains of gold and silver last through 10,000 generations? Throughout the ages, the only precious thing is this feeling!”
Are all Chinese billionaires really lovesick poets at heart? Walter Kwok was forced out by his brothers as chairman and Chief Executive of Hong Kong’s Sun Hung-Kai Properties Ltd., after he tried to appoint his mistress onto the board of directors. Raymond and Thomas Kwok, whose combined wealth is good for 23rd richest in the world, are still estranged from Walter, and are considering legal action against him to buy out his shares in the company.
By Fan Huang