HK tycoon announces breakup in newspaper ads
A Hong Kong billionaire has placed full-page ads in local newspapers announcing his split with a girlfriend.
Joseph Lau Luen-hung said he broke up with Yvonne Lui in 2014 but had given her HK$2bn ($0.26bn; £0.21bn) worth of gifts during their relationship.
Ranked as the world's 65th richest man by Forbes with a net worth of $13.1bn, and convicted money-launderer, Mr Lau made his fortune in real estate.
His ad sparked a debate in Hong Kong on the meaning of wealth.
Mr Lau, 65, has two children with Ms Lui, who is believed to be 26 years his junior.
He said his announcement was made in... read more
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