Billion-Dollar Family Feud in China: Princess Wahaha vs. Half-Siblings!
Imagine a billion-dollar drama unfolding in Hong Kong courts, exposing dark family secrets and a fierce battle for inheritance! Keli Cong, famously known as “Princess Wahaha,” is at the center of a scandal as her family sues her over an inheritance worth a staggering 2 billion dollars!
Who is Keli Cong and why is she in the spotlight?
Keli Cong, heir to the giant Hangzhou Wahaha Group Co., took over management after the death of her father, tycoon Cong Cinghou, one of China’s richest men. However, her half-brothers and half-sister, Jacky, Jessie, and Jerry Cong, claim their late father promised them funds that are now the subject of dispute.
The battle over bank accounts and funds
The plaintiffs have sought a court injunction to prevent Keli from accessing funds in an HSBC bank account in Hong Kong. They allege their father established funds in the bank, and Keli violated his last will by not paying interest and compensating losses caused by transferring their funds.
The family and business empire
The Cong family holds wealth estimated at least 3.3 billion dollars, with their company known for producing dairy drinks, bottled water, teas, and fruit juices. Keli, 43, now faces challenges not only in the legal battle but also in business, as the company struggles with China’s economic slowdown and fierce competition from rivals like Nongfu Spring Co.
Legal war and uncertain future
Keli’s lawyer rejects the plaintiffs’ claims, stating no evidence of the late father’s directives was provided. This legal battle could have far-reaching consequences, not just for the family but for the business empire that has built its reputation over decades.
Why should we care?
This story is not just about money but about power, betrayal, and the fight for control over one of China’s largest business empires. Will “Princess Wahaha” manage to keep her inheritance, or will her half-siblings snatch it away? The court case in Hong Kong is just beginning, and we will be watching every step of this epic battle.
Think family feuds at home are complicated? Wait till you see how it’s done in China! What do you think about this drama? Is Keli a victim or a manipulator? Drop a comment and let your voice be heard in this billion-dollar fight!
