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Arts & Culture
28 December 2024

Zhao Wei Shockingly Announces Long-Awaited Divorce From Huang Youlong

The actress distances herself from her ex-husband amid swirling financial controversies.

Chinese actress Zhao Wei, known popularly for her role as 'Xiao Yanzi' in the hit television series My Fair Princess, has made headlines with her recent announcement of her long-standing divorce from businessman Huang Youlong. The 48-year-old star took to social media on December 28, 2024, stating, "I formally divorced Mr. Huang years ago, and our marriage has been legally dissolved. Any events, remarks, or news related to him have nothing to do with me. I ask all parties to acknowledge these facts to avoid dragging me back to false associations or groundless reports. Thank you all." This declaration marks Zhao Wei's attempt to distance herself from her ex-husband amid his mounting financial troubles.

Huang Youlong, once hailed as one of the wealthiest individuals, has recently come under scrutiny for alleged debts totaling approximately $7.53 billion HKD (about $961 million USD). Following Zhao Wei's announcement, news articles began to outline Huang's financial struggles, highlighting how his previous ventures and investments have turned sour. Huang was reportedly taken to court by Wise Choice Ventures Limited, which seeks to recover unpaid loans and associated interest, making headlines for these legal battles.

Zhao Wei and Huang Youlong married in 2008, shortly after Zhao's ascension to fame. Not only was Zhao exceptionally popular for her acting talent but she also became renowned for her investment acumen, dubbed as the 'female Warren Buffett' for her strategic investments. The couple was known for their lavish lifestyle and significant investment ventures, including multiple properties spanning several countries such as Singapore, France, and Australia.

Throughout their marriage, they amassed considerable wealth, with Zhao Wei's net worth previously estimated at around $7.8 billion HKD. They invested heavily in real estate, including high-end properties and vineyards. One notable purchase was their acquisition of the historic Château Monlot vineyard in Bordeaux, which they bought for approximately $4.2 million HKD, famous for its opulent estates and storied history.

Despite her success, Zhao has faced significant challenges over the past three years. Following her name being associated with the label of "bad artist" by authorities, she has been largely absent from public life, with many of her artistic works being removed from distribution. This label allegedly arose from her close associations with prominent figures like Jack Ma, the billionaire founder of Alibaba, and past controversies surrounding her involvement with certain business practices.

With Huang’s recent financial troubles surfacing, observers speculated how this may affect Zhao Wei's plans to revive her career. Their divorce announcement could symbolize not just personal closure for Zhao but also professional liberation. Despite her challenging circumstances, Zhao Wei's recent social media activity hints at her desire for a return to the entertainment industry.

The actress's statement and the surrounding drama have ignited discussions online and within media circles, as many fans express concerns over the potential impact of these events on her career and public image. She has reportedly sought to return to the stage and screen after some time away due to pressures related to her marital association.

Speculation grew about Zhao Wei’s plans going forward, with many eager for her return to the industry. Various reports indicate preparations for her potential comeback, though specific details remain sparse at this time. Her divorce may also serve as mental clarity for her, allowing her to reestablish herself independently.

The exploration of Zhao Wei's public and personal life demonstrates the blending of celebrity culture with broader social and economic narratives. Her story remains particularly compelling within the Chinese entertainment industry, where personal reputation can heavily influence professional trajectories.

Fans of Zhao Wei continue to champion her, eagerly awaiting any official announcements of her next steps. The divorce not only sheds light on her personal circumstances but also serves as a barometer for how those around her navigate financial hardships and public scrutiny.

Transitioning from the glitzy world of celebrity to coping with negative publicity and legal battles is fraught with challenges, but Zhao Wei's resilience stands as one of her defining traits. Whether she chooses to re-enter the limelight remains to be seen, but one thing is clear: both her career and personal narrative are poised for significant change.

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