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Chinese Billionaire Movie Star Sells Multi-Million Dollar Luxury Penthouse

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10 October 2023
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  • Previous Article China’s Country Garden Fails to Meet $60 Million Payment Deadline, Admits Default Likely
  • Next Article Tourism to Australia Reaches 80 Percent of Pre-Pandemic Levels
Chinese Billionaire Movie Star Selling Multi-Million Dollar Luxury PenthouseChinese movie star Liu Xiaoqing has listed her Sydney luxury penthouse for a guide price of $18 million (US$11.6 million). Ms. Liu, a household name in China since the 1980s, is known for the over 60 films and television shows in which she starred, as well as for her business success, which prompted her to be ranked by Forbes as China’s richest woman in 1999. However, the superstar was thrown into China’s notorious Qincheng Prison in 2002 after a conviction for tax evasion with a 7.1 million yuan (about A$1.52 million) fine, which almost wiped out her fortune. Ms. Liu later disclosed in her autobiography that she was arrested due to offending former Chinese Communist Party (CCP) leader Jiang Zemin. At the end of 2002, before Ms. Liu’s case was concluded, the former leader ordered people to sell all of Ms. Liu’s real estate, including her company’s real estate, leaving her without a place to live....

Read more https://www.theepochtimes.com/real-estate/chinese-billionaire-movie-star-sells-multi-million-dollar-luxury-penthouse-5507054

  • Previous Article China’s Country Garden Fails to Meet $60 Million Payment Deadline, Admits Default Likely
  • Next Article Tourism to Australia Reaches 80 Percent of Pre-Pandemic Levels

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