Tycoon denies rumors of affair
By Ni Yinbin |
March 2, 2011, Wednesday
|
Print Edition
Print Edition
HONG Kong Internet and telecom tycoon Richard Li has denied the rumors that a third person was involved in the break-up of his relationship with actress Isabella Leong.
Li said in a statement issued yesterday that people named in recent reports as responsible for the breakdown of the unmarried couple's relationship were blameless and the reports were "totally not true."
The 44-year-old billionaire said the split with his actress girlfriend was a private matter and he would take legal action if necessary to protect his family.
"Some reports had discussed my relationship with Isabella and named third persons, with different names, whom I had never met," Li said.
He added: "All the reports mentioning hundreds of millions of 'break-up compensation' were made up and were malicious attempts to connect our relationship with money."
Li said he understood the public's interest in the story but also wanted understanding and respect as it was a "sad private thing."
"Isabella has announced our break-up, it's a sad thing but we'll try our best to take care of our three sons and provide them with the best environment," Li said.
Li's father, Asia's richest man Li Ka-shing, did not respond when he was asked about the split, the Oriental Morning Post said yesterday.
Hong Kong media reported that Leong would be paid HK$4 billion (US$513.8 million) plus a mansion and several names were mentioned in connection with a rumor that Li had an affair while he was with Leong, one of them being a male Hong Kong actor.
Michelle Lo, Leong's agent, previously denied that Leong gave birth to three sons with Li in a monetary arrangement. Lo said the couple would be discussing how to raise their three babies together, but the outcome would remain private.
Leong, 22, issued a statement on Saturday announcing the break-up.
Hong Kong media, citing insiders, said Li's father had rejected Leong as a daughter-in-law due to her humble parentage, and that had prompted Leong to finally give up her dream of marrying Li.
Leong was raised by her mother, a casino dealer in Macau, after her father died shortly after she was born.
Last July, Leong gave birth to twin boys in San Francisco. The couple's eldest son was born in 2009 in Canada.
Li said in a statement issued yesterday that people named in recent reports as responsible for the breakdown of the unmarried couple's relationship were blameless and the reports were "totally not true."
The 44-year-old billionaire said the split with his actress girlfriend was a private matter and he would take legal action if necessary to protect his family.
"Some reports had discussed my relationship with Isabella and named third persons, with different names, whom I had never met," Li said.
He added: "All the reports mentioning hundreds of millions of 'break-up compensation' were made up and were malicious attempts to connect our relationship with money."
Li said he understood the public's interest in the story but also wanted understanding and respect as it was a "sad private thing."
"Isabella has announced our break-up, it's a sad thing but we'll try our best to take care of our three sons and provide them with the best environment," Li said.
Li's father, Asia's richest man Li Ka-shing, did not respond when he was asked about the split, the Oriental Morning Post said yesterday.
Hong Kong media reported that Leong would be paid HK$4 billion (US$513.8 million) plus a mansion and several names were mentioned in connection with a rumor that Li had an affair while he was with Leong, one of them being a male Hong Kong actor.
Michelle Lo, Leong's agent, previously denied that Leong gave birth to three sons with Li in a monetary arrangement. Lo said the couple would be discussing how to raise their three babies together, but the outcome would remain private.
Leong, 22, issued a statement on Saturday announcing the break-up.
Hong Kong media, citing insiders, said Li's father had rejected Leong as a daughter-in-law due to her humble parentage, and that had prompted Leong to finally give up her dream of marrying Li.
Leong was raised by her mother, a casino dealer in Macau, after her father died shortly after she was born.
Last July, Leong gave birth to twin boys in San Francisco. The couple's eldest son was born in 2009 in Canada.
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