Kidnapping and Death in Absentia
Wang was abducted on 12 April 1983, when his Mercedes was hijacked. He was taken away and chained to a bed for eight days until Nina Wang paid a ransom of 33 million Hong Kong dollars.
Wang was kidnapped again for a second time on 10 April 1990 as he left the Jockey Club in Hong Kong, at the age of 57. His abductors demanded HK$60 million. His wife Nina Wang paid an installment of 34 million Hong Kong dollars, but Wang was not returned. Several of the alleged kidnappers were caught and said that the 57-year-old Wang had been thrown into the sea from the sampan—a small Chinese boat—where he was held. His body was never found and he was declared legally dead in 1999. Wang's will was disputed by Nina Wang, the eventual chief beneficiary.
Read more about this topic: Teddy Wang
Famous quotes containing the word death:
“We like the chase better than the quarry.... And those who philosophize on the matter, and who think men unreasonable for spending a whole day in chasing a hare which they would not have bought, scarce know our nature. The hare in itself would not screen us from the sight of death and calamities; but the chase, which turns away our attention from these, does screen us.”
—Blaise Pascal (1623–1662)