
Evergrande CEO's Ex-Wife Drops $67M on London Mansions While Company Owes $332B
Key Points
- Ding Yumei, ex-wife of Evergrande's chairman, spent $67 mill...
While Evergrande crumbles under $332 billion in debt, the founder's ex-wife just proved that divorce settlements hit different when you're hiding assets in the British Virgin Islands.
Ding Yumei, former wife of Evergrande's chairman Hui Ka Yan, decided September 2022 was the perfect time to spend $67 million on luxury London apartments. You know, just three months after Chinese authorities politely suggested her ex-husband might want to use his personal piggy bank to help with that whole "company collapse" situation.
When Life Gives You Liquidation, Buy Real Estate
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