On the afternoon of December 28, Zhao Wei shocked the Chinese entertainment industry by officially confirming that she had divorced billionaire Huang Youlong several years ago. THE My beautiful princess the actress made this announcement while Huang Youlong was facing a HKD753 million debt lawsuit. Shortly after, an entertainment blogger revealed intriguing details about this highly publicized divorce.
According to the blogger, although the couple said they broke up amicably, their marriage did not end well. The rift in their relationship reportedly began after both Zhao Wei and Huang Youlong were implicated in a fraud, disinformation and stock market manipulation scandal in China in 2017. At the time, the couple had intense conflicts. Zhao Wei was so frustrated that she moved to France with her daughter to avoid seeing her husband.
In 2019, Zhao Wei and Huang Youlong faced lawsuits from over 500 investors. The A-list actress was listed as Huang Youlong’s accomplice and also held legally responsible. Exhausted by constant legal battles and endless marital discord, Zhao Wei filed for divorce. However, Huang Youlong initially refused to accept, holding on to the marriage because he believed that only Zhao Wei, as a high-class celebrity, could help him repay his mounting debts. According to the blogger, Zhao Wei became so disillusioned that she publicly hinted at their failed marriage by deleting all photos of her husband from her social media accounts and allowing paparazzi to catch her dating another man who is the heir to a family wealthy.
It was only in 2021 that Huang Youlong finally agreed to let go of Zhao Wei, after she was blacklisted and banned from entertainment businesses in China. To ensure a quick and easy divorce, Zhao Wei was supposed to provide Huang Youlong’s son and stepson, Huang Yiming, with a luxury apartment in Hong Kong. Furthermore, Zhao Wei had to sign an agreement allowing Huang Yiming to participate in business activities and become the representative of a wine company in France, a joint marital asset of Zhao Wei and Huang Youlong. After reaching this agreement, the couple finalized their divorce in mid-2021.
Zhao Wei and Huang Youlong, both born in 1976, secretly married in 2009, and their first daughter was born in 2010. Huang Youlong played a significant role in introducing Zhao Wei to the business world. This has allowed her net worth to skyrocket, earning her the titles of “Chinese billionaire” and “China’s female Warren Buffett.” Second TheyZhao Wei and Huang Youlong’s combined net worth once reached $1 billion.
As for Huang Youlong, he came from a farming family spanning three generations. After moving to the city, Huang reportedly worked as a driver for the former mayor of Shenzhen. He later became famous in the real estate industry. However, his meteoric rise from poverty to billionaire status has been overshadowed by speculation about unethical practices on his path to wealth.
