Vicki Zhao Might Have To Pay S$16mil In Compensation After Losing 102 Lawsuits In A Row
Things haven't been going smoothly for the Chinese actress.
Apart from rumours of a rocky relationship, things do not seem to be looking good for Chinese actress Vicki Zhao and her husband, businessman Huang Youlong, financially as well.
Though they are one of China’s richest and most powerful couples with a combined net worth of US$1bil (S$1.3bil), Youlong has incurred a huge debt in recent years after being sued for over HK$200mil (about S$36mil).
And yesterday (Oct 7), reports are saying Vicki, 44, might have to fork out an estimated 84mil yuan (S$16mil) in compensation after losing 102 lawsuits for securities disputes involving false statements.