Chinese businessman Wang Xiaofei is a well-known entrepreneur, mainly recognized for his work in the hospitality industry. He gained further fame due to his marriage to Taiwanese actress Barbie Hsu, also known as Big S. Over the years, Wang Xiaofei net worth has been a topic of interest, especially after his high-profile divorce from Barbie Hsu. His business empire, family inheritance, and personal controversies continue to keep him in the spotlight.
Wang Xiaofei Net Worth
As of recent reports, Wang Xiaofei net worth is estimated to be around $1 billion. His wealth comes from multiple sources, including his investments in luxury hotels, real estate, and restaurants. He was a key figure in South Beauty Group, a high-end restaurant chain in China, originally founded by his mother, Zhang Lan.
Sources of Wealth:
- Ownership and investments in the hospitality industry.
- Expansion of S Hotel, a luxury hotel in Taiwan’s Xinyi District.
- Strategic investments in real estate assets in China and Taiwan.
- International business partnerships and technology investments.
- Wealth from inheritance and family enterprises.
Despite facing financial disputes, legal battles, and controversies, Wang Xiaofei continues to build his business empire.
Early Life and Family Background
Born on June 27, 1981, Chinese entrepreneur Wang Xiaofei comes from a wealthy and influential family. His mother, Zhang Lan, played a significant role in shaping his business career. He pursued higher education at Université Paris 1 Panthéon-Sorbonne in France, focusing on international business and management.
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After completing his education, he returned to China and joined the family business, significantly contributing to South Beauty Group’s success.
Business Ventures and Career Growth
Wang Xiaofei initially gained recognition for his role in South Beauty Group, helping it become one of China’s most successful luxury restaurant chains. Later, he expanded into the hotel industry, launching S Hotel in Taiwan. The hotel, named after Taiwanese star Barbie Hsu, is a symbol of their past relationship.
In addition to hotels and restaurants, Wang Xiaofei has made investments in technology, fashion, and real estate, further growing his assets and net worth.
Wang Xiaofei’s Personal Life
Marriage to Barbie Hsu
In 2010, Barbie Hsu’s husband Wang Xiaofei married the famous Taiwanese actress Barbie Hsu, who is best known for playing Shan Cai in the hit drama Meteor Garden. Their wedding was one of the most talked-about events in East Asia.
During their 10 years of marriage, they had two children and built a life of luxury. Netizens often admired their relationship, but cracks eventually began to show.
Divorce from Barbie Hsu
After 11 years of marriage, Barbie Hsu files divorce in 2021, citing irreconcilable differences. Their separation quickly turned into a legal and financial dispute. Taiwanese media reported that ex husband Wang Xiaofei failed to meet financial arrangements, leading to public arguments.
The divorce became even more dramatic when Barbie Hsu’s husband DJ Koo, a South Korean singer, entered the picture. She married DJ Koo shortly after the split, shocking fans across South Korea and Taiwan.
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Child Custody and Legal Battles
The divorce also involved legal battles over child custody and financial obligations. The Taipei District Court was involved in resolving these disputes. Wang Xiaofei frequently took to social media to express his frustrations over his financial obligations to Barbie Hsu.
Current Marriage and New Chapter
After his divorce, husband Wang Xiaofei moved on and married Mandy Ma, a Chinese socialite. They welcomed a child in 2023, starting a new chapter in his personal life. However, he remains a controversial figure due to his past relationship with Taiwanese actress Barbie Hsu.
Controversies and Public Image
Wang Xiaofei is often in the headlines due to his financial disputes and online outbursts. His arguments with Barbie Hsu over money, assets, and access to their children have impacted his reputation. Additionally, his business dealings have occasionally led to legal challenges.
Despite the controversies, Chinese businessman Wang Xiaofei remains an influential figure in the entertainment industry and hospitality sector. His investments in S Hotel and other ventures continue to thrive.
Latest News and Developments
Recently, Wang Xiaofei has been focused on expanding his businesses. He is actively working on new real estate projects in Hong Kong and China while also strengthening his hotel empire. However, his personal life still attracts media attention, especially in connection to Barbie Hsu’s marriage to DJ Koo.
Additionally, his name has unexpectedly appeared in pop culture discussions, with references to global celebrities like Kanye West and major events like the Grammy Awards. His public persona continues to evolve, keeping him relevant in entertainment news.
Conclusion
Wang Xiaofei net worth is estimated at around $1 billion, thanks to his successful career as a Chinese entrepreneur. Despite his marriage and divorce from Taiwanese actress Barbie Hsu, he continues to build his business empire. Although his personal life often overshadows his professional achievements, he remains a key player in the hospitality industry.