Friday, October 22, 2010

Tony Leung is “Property King”

Hong Kong actor Tony Leung sells his bungalow for HKD32.36million ($6.47million), six times the price 20 years ago






Not only is he good at acting, Hong Kong star Tony Leung is on his way to be a property magnate as well.


The award-winning actor successfully sold his Saikung bungalow in Hong Kong for a HKD32.36million ($6.47million), which is six times of the HKD5million ($1million) he paid in 1990.


Besides earning a profit of HKD27.36 million ($5.47 million), Tony has two other properties. One of which is a Watford Road home at The Peak where he stays with wife Carina Lau. This alone is worth double the value of his purchase price of HKD73 million ($14.6 million).


Add his HKD100mil ($20mil) Repulse Bay duplex apartment to the two properties, Tony is worth a whopping HKD260million ($50mil)!


It is no wonder he is being called "property king".


Source: MSN.com

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