Hong Kong movie mogul Charles Heung and his wife Tiffany Chen have reportedly decided to entrust their entire family fortune to their daughter-in-law, actress Bea Hayden, instead of their two sons, Jacky Heung and Johnathan Heung. The decision has sparked widespread debate about succession planning among wealthy families.
According to TVBS, the power couple reached an agreement on February 26 to transfer management of their vast assets to Bea Hayden. They have made it clear that they do not intend to leave any assets directly to their children. The move not only strengthens Bea Hayden’s position within the influential Heung family, but also raises questions about trust, responsibility and legacy in high-profile families.
Charles Heung openly explained that the main reason behind the agreement is his lack of confidence in his children’s financial management skills. She reportedly believes both sons are inexperienced with money and vulnerable to being deceived. The family has also faced negative headlines in recent years, including gambling rumors surrounding their younger son and reports of failed business ventures involving their older son.
To safeguard the family fortune, the couple plans to set up a family trust fund. Under this structure, Bea Hayden will oversee asset management. Meanwhile, Jacky Heung and Johnathan Heung are expected to receive only a basic monthly allowance through the trust fund, enough to cover living expenses but not to support a lavish lifestyle or reliance on inherited wealth.
Reports suggest that the youngest son struggled to accept the deal, considering it unfair. However, Tiffany Chen has reportedly maintained a firm stance, going so far as to block direct communication with him, with contact now handled indirectly through a secretary.
Charles Heung also revealed that he rejected a recent meeting request from his son, citing lack of time. He reportedly noted: “A will can be made in advance, but assets cannot be divided in advance. Before the division, a son is still a son, but after the division, a son could become the father.” He pointed out that if his son demonstrates change and works diligently over the next ten years, the will could still be revised.
In a 2025 livestream, Tiffany Chen shared that she and her husband had discussed amending their will. At one point they even thought about giving up on the second generation altogether and leaving the entire estate directly to their grandchildren.
Sources: Znews
