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Before Bling Empire premiered on Netflix, lovers weren't sure what to expect from Netflix's reality show. Fortunately for everyone concerned, Bling Empire changed into a large enough hit to warrant a spin-off and while Bling Empire: New York has been dragged by people online, it definitely were given people talking.
After enthusiasts were given to watch Bling Empire: New York all the method via, many of them have been left short of to grasp extra about the display. Of path, many lovers wanted to understand whether or not the display will go back for a second season and when it'll be released if that happens. On most sensible of that, many viewers wanted to grasp more about Stephen Hung.
Just like his Bling Empire: New York co-stars, Stephen was already leading a remarkable life prior to becoming a member of the truth show's forged. An ideal example of this is the fact that Stephen were given married to Deborah Hung, a outstanding person in her own proper.
As Bling Empire: New York enthusiasts will already know, Stephen and Deborah have a gorgeous improbable way of life, to mention the very least. Thanks to the wealth the couple enjoys, they may be able to make some in point of fact improbable purchases.
How Much Money Is Stephen Hung Worth?
Born into a rich family, Hung grew up with so much of opportunities that most people can handiest dream of. To Hung's credit score, he made the most of the alternatives he was afforded by means of expanding his personal fortune thru savvy trade decisions.
After attending Columbia University and the University of Southern California the place he earned a master's degree in business management, Stephen based an investment workforce. From there, Stephen would move on to play a major function in numerous companies.
Most particularly, Stephen turned into the joint chairman of The 13 Holdings Limited, an organization this is indexed on the Hong Kong inventory exchange. Stephen also is the chairman of The Taipan Investment Group and vice-chairman of Rio Entertainment Group, which operates the Rio Hotel & Casino in Macau.
Thanks to his family's fortune and his work operating a number of businesses, Stephen has managed to amass a really impressive fortune. According to celebritynetworth.com, Stephen currently has a $400 million fortune as of the time of this writing.
How Does Stephen Hung Spend His Huge Fortune?
In the global, there are several trade leaders who have existence that are very similar to normal people. Most famously, Warren Buffett is one of the richest other people on the planet, however he doesn't are living like anyone who's wealthy.
Unlike other folks like Buffett, there is not any question that Stephen Hung likes to make use of his fortune to guide an out of this world way of life. In fact, Stephen spends his cash in ways that are so outrageous that it seems like the sort of thing that best happens in the motion pictures.
Just like the majority of wealthy folks, Stephen has a huge house. One of the in reality implausible issues about Stephen is the outfits he wears when he leaves that huge house.
After all, Stephen loves to put on pricey and colorful clothes designed via the likes of Jean Paul Gaultier, Versace, Gucci, and other large emblem style labels. Of path, Stephen is some distance from the best one who can put on garments from those labels. However, Stephen sticks out as a result of he reportedly handiest wears garments he has labels like those make custom for him.
From the outside looking in, there is not any option to understand how pricey it could be to have huge labels make custom clothes. That said, there may be one thing this is beyond query, Stephen's garments finances must be so massive that it will be onerous for the general public to fathom.
On top of the clothes that Stephen wears, it turns out the successful businessman also loves expensive jewellery and watches.
In 2013, The Wall Street Journal printed a piece of writing about Stephen titled "The Wizard of Macau". In that piece, the reporter describes a gathering that Stephen took with Arnaud Bastien, Graff Diamonds' Asia president and chief government.
According to what Bastien mentioned to The WSJ's reporter, Stephen continuously made large cash purchases from Graff Diamonds. However, Stephen wasn't involved in purchasing anything off the shelf.
"When we work with Stephen he's always eager to have something special."
On top of revealing that Stephen often purchased expensive jewellery, The WSJ's article described the custom item Bastien presented for Hung to buy all the way through the assembly the reporter witnessed.
"It is a watch face adorned with diamonds in the shape of Hung's own visage. A line of rubies is planned to represent Hung's signature look: a swath of bright red hair sweeping across his forehead."
During that same Wall Street Journal article, the car collection that Stephen owned at that time was described. Unsurprisingly, it was very transparent that Stephen will have to have spent several million to own the cars he had again then.
"A gun-metal gray edition with the license plate "Iron Man" looks positively understated next to a fiery-red model whose gold paint flecks and hood ornament coated in 100 carats of diamonds sparkle in the sun. That vehicle, worth around US $1 million, is part of a nine-car luxury fleet that belongs to Stephen Hung, one of Hong Kong's most ostentatious dealmakers."
As crazy as Stephen's 2013 car assortment sounded, a year later he made a automotive purchase that was so extravagant that it garnered headlines. As The Washington Post reported, Stephen bought 30 custom Rolls-Royces at the similar time.
"Rolls-Royce announced he had placed an order for 30 customized Rolls-Royce Phantoms, a $20 million purchase described by the company as the 'world’s single largest order of Rolls Royces ever.' The cars were the 'extended wheelbr' models, by the way: 20 feet long, more than 6 feet wide, about the size of an affordable hotel room in London"
The Washington Post's article went on to expose that Stephen did not purchase the 30 cars for himself. However, Stephen's purchase is still implausible no matter who he meant the automobiles for.
"But these beauties are not for Hung to drive. He already has a white-and-gold Rolls-Royce Phantom — along with his white Ferrari, his bright orange Lamborghini Aventador, and reportedly several Bentleys."
The Post's article continues, "The new Phantoms are for the millionaire customers he hopes will frequent the casino resort he’s building in Macau: the Louis XIII, slated to open in 2016, which will feature, among other amenities, a suite that goes for $100,000 per night."
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