Hangzhou Wahaha Team owner Zong Qinghou and his child Kelly Zong were with each other at the honors event for the Wahaha Team Advertising And Marketing Competitors in Hangzhou in 2019. (VCG/VCG pictures through Getty Images)
VCG by Getty Pictures
The Hong Kong High Court has actually iced up $1.8 billion in checking account at the facility of the lawful fight, a heritage of the Chinese drink billionaire Zong Qinghou’s Lot of money, according to China Daily.
Replacement High Court Court Gary Lam Chin-Ching’s judgment introduced Friday that his child, Kelly Zong, likewise called Zong Fuli’s child, had actually “taken out or hide” any kind of properties in the HSBC account had by his daddy’s British Virgin Island Business. (See the record below.)
Wahaha’s existing chief executive officer Kelly Zong is the offender and acquired her daddy as the single supervisor of Jian Hao. She was filed a claim against by 3 apparently adulterous youngsters: Jackie Zong, Jessie Zong Jieli and Jerry Zong Jisheng. China Daily claimed the 3 had actually breached an offer to develop a $2.1 billion naval trust fund after Zong Qinghou’s fatality in 2015 and look for a court order restricting Kelly Zong from offering or moving properties kept in his currently taken care of account.
Kelly Zong, a grad of Pepperdine College in The golden state, rated 9th amongst leading Chinese business owners released by Forbes China previously this year.
Zong Qinghou established the Chinese drink titan Hangzhou Wahaha Team in 1987 and remained to be the wealthiest male in the nation throughout his occupation.
