Foreign Property News | Posted by Hnin Ei Khin
Reports have revealed that Jeff Bezos and his fiancée, Lauren Sanchez, have rented out San Giorgio Maggiore, one of Venice's most prestigious islands, for their upcoming wedding. The couple is set to tie the knot next week at the scenic tourist destination, surrounded by around 200 invited guests comprising close friends and family. Adding to the extravagance, Jeff Bezos' $500 million superyacht is expected to play a role in the celebration and will reportedly be moored just off the island's coast. (It's the luxurious, extravagant event that everyone's been waiting years for - the union of Amazon tycoon Jeff Bezos and Lauren Sánchez) (After a two-year long engagement,...
Foreign Property News | Posted by Hnin Ei Khin
Chinese billionaire heir Huang Zitao has live-streamed the sale of his own sanitary pad brand in a bid to rebuild trust after recent product safety scandals rocked the country. The 32-year-old pop star and actor from Shandong province in eastern China trained in South Korea and inherited an estimated US$3 billion after his father, one of China’s richest men, passed away in 2020. Known for his outspoken personality and love for his wife, singer Xu Yiyang, Huang has gained more than 66 million followers on mainland social media. In March, several Chinese sanitary pad factories were exposed for repackaging and reselling used pads and baby nappies at inflated prices. (Huang Zitao...
Foreign Property News | Posted by Aye Myat Thu
A doctoral student at Tsinghua University, who comes from an impoverished family and excelled in his academic pursuits to gain admission to the prestigious institution years ago, has recently returned to the media spotlight after being appointed as a government adviser for his hometown. Pang Zhongwang gained significant attention in 2017 when he scored an impressive 684 out of 750 in China’s university entrance examination, known as gaokao, despite facing considerable challenges in his family – his father suffered from schizophrenia, and his mother had a disability affecting her lower limbs. He was subsequently enrolled at Tsinghua, one of the top universities in China....
Foreign Property News | Posted by Hnin Ei Khin
Chinese billionaire Zhou Qunfei, nicknamed the “touchscreen queen” for founding cover glass producer Lens Technology, began as a migrant factory worker from a tiny village and rose to build a US$13.3 billion fortune, becoming one of the world’s richest self-made women. Zhou holds a 62% stake in the China-based manufacturer, which accounts for most of her fortune. She shares this stake with her husband, Bloomberg reported, citing the firm’s 2024 interim report. Lens Technology, which produces a wide range of lens and cover glass products, including touchscreens for Apple and Samsung devices, is listed on the Shenzhen Stock Exchange with a market cap of around 104.3...
Foreign Property News | Posted by Shwe Zin Win
The rise of China’s so-called Dairy Godfather, from being an abandoned baby to becoming the head of a three-billion-yuan (US$410 million) ice cream empire, is a story of true resilience and vision. Niu Gensheng, 67, is the founder of the corporate giant Mengniu Dairy, and the creator of Aice, an ice cream brand popular across Southeast Asia. Born into poverty in Inner Mongolia, a northern region of China known for its vast grasslands and deserts, Niu’s parents struggled to make ends meet. Unable to care for him, they sold him to a cattle farmer for 50 yuan (US$7) shortly after he was born, and the farmer adopted him. At the age of eight, Niu’s adoptive father lost his...
Foreign Property News | Posted by Zarni Kyaw
Led Zeppelin icon Robert Plant's former mansion in Wales is on sale. It's not just any rockstar manse, however — Plant's previous home is so prestigious that it has its own name, The Argoed, and has housed numerous historical figures. According to U.K. real estate site Right Move, the sprawling, 10-acre property was once visited by King Charles I in the 1600s, and was where George Bernard Shaw wrote two of his plays: The Man of Destiny and Mrs. Warren's Profession, both in the 1890s. Plant, for his part, moved into the seven-bedroom, four-bathroom home — which is located in the Welsh town of Pennalt — in 1985, per the New York Post, moving out about five years...
Foreign Property News | Posted by Zarni Kyaw
President Trump’s childhood home in New York City has been sold at a steep discount — after the previous owner allowed it to fall into disrepair and become overrun by feral cats, The Post has learned. The Tudor-style residence in the leafy Jamaica Estates enclave in Queens — where the young Donald lived until he was four years old — was scooped up for $835,000 by a Brooklyn-based LLC called 1388 Group, according to the sales deed filed March 3. That price is less than half of the $2.14 million the house previously fetched in 2017, when it was purchased in an all-cash deal by Michael X. Tang, a lawyer who reportedly buys real estate on behalf of overseas Chinese...
Foreign Property News | Posted by Hnin Ei Khin
A former Trump administration official with a foothold in Washington, DC’s influential circles has been identified as the new owner of Vice President JD Vance’s previous home. (Christopher Garcia) Christopher Garcia, who briefly held posts in the Commerce Department during Donald Trump’s first term, secured the Alexandria, Virginia residence through a limited liability company, Forbes first reported. The transaction closed rapidly and exceeded the asking price by $172,000, according to property records reviewed by The Post. The final price paid: $1.87 million. (Garcia purchased the home for $172,000 over ask.;MediaPunch / BACKGRID) The 2,530-square-foot,...
Foreign Property News | Posted by Shwe Zin Win
A disturbing trend in Dubai known as ‘Porta Potty’ parties subjects women to sex acts and a model was reportedly left with a shattered spine, but unwilling participants can be even charged with a crime. Adult star Maria Kovalchuk was left for dead at the side of the road after she was allegedly lured into one of these ‘Porta Potty’ parties during which she may have had to perform sex acts involving human faeces. The 20-year-old Ukrainian vanished after apparently attending a party at a Dubai hotel that she had been invited to by two men who said they were modelling agents. Ukrainian Telegraf said Kovalchuk told her mother she would stay with the men for the night,...
Foreign Property News | Posted by Hnin Ei Khin
Thai authorities are being urged to take further action against the "reincarnated son of Buddha" cult led by nine-year-old boy, after a picture of its leader resurfaced online. Ordered by The Surat Thani Juvenile and Family Court in August 2024, a couple were directed to cease disseminating distorted Buddhist teachings allegedly relayed by their son, known as Niramitr or "Nong Nice". The parents were said to have been capitalising on their child for self-interest, using various media outlets, including live social media streams, to spread doctrine at odds with established Buddhist texts. A ban was put in place to prevent any of the youngster's sermons or images being made...