One can make a fortune in show business, but more so in the stock market.
Chinese actress, movie director and pop singer Vicki Zhao Wei dwells in both realms, so it’s no wonder she’s one of the wealthiest in the entertainment industry.
Zhao, who’s turning 40 in March, is now sitting on a HK$200 million paper profit after this week’s listing of Creative China (08368.HK), of which she became an angel investor.
She also made HK$600 million from her investment in Ali Pictures (01060.HK) last December, and together with her husband Huang You Long, gained HK$4 billion from a joint investment with Alibaba Group in Reorient Group early this year.
The deals with Jack Ma will easily put Zhao on any China rich list.
A product of the Beijing Film Academy, Zhao is known to fans as Xiaoyanzi (Little Swallow) for her role in the widely acclaimed TV drama My Fair Princess (還珠格格).
She is a name people can associate with investing in the booming cultural and entertainment sector, which Beijing has vowed to support to build up its soft power.
Interestingly, Zhao is the sole owner of Yun Feng Entertainment Enterprises, which shares the same registered address with Creative China, according to Ming Pao.
The plot gets thicker because a private equity firm founded by chairman David Yu and Jack Ma in 2010 is named Yun Feng Capital.
It’s not clear how Zhao’s Yung Feng is related to Ma’s company of the same name, but we know they are good friends and made lots of money in the stock market — first in Ali Pictures, then Reorient Group and now Creative China.
Neither side was willing to reveal more.
Anyway, it’s obvious that Zhao has surpassed her close friend and singer Faye Wang this year.
Wang, who is dating younger actor and entrepreneur Nicholas Tse Ting-fung, was reported to have opened a stock account at the peak of the A-share market earlier this year.
Funny enough, Wang’s romance and possible marriage with Tse is seen as a barometer to gauge market sentiment in China.
That’s because her previous marriages in 1996 and 2007 coincided with a bull market.
This year we had a bull market for two months before it collapsed and went back to square one. Wang and Tse didn’t get married either.
But for Zhao, who married Huang in Singapore in 2008, became very rich after walking down the aisle.
The couple were reported to have seven properties, including three residential units in Hong Kong and other properties in Shanghai, Beijing and Singapore.
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