Xu Hang, billionaire Mindray cofounder, paid $257 million for four homes from Hong Kong to NYC, including Mark Wahlberg and Heather Dubrow's houses.
Facebook’s Former CFO Drops a Record $52 Million on Malibu’s Point Dumeof one of Hong Kong’s most extravagant homes, a nearly 12,000-square-foot hilltop mansion in the ultra-prestigious Peak neighborhood. The house, a limestone-faced and liberally embellished two-story structure with unobstructed views of the city skyline and Victoria Harbour, sold for HK$838 million, or roughly $107 million USD.
Although the new owner’s name was not revealed at that time, it was widely reported that both the Dubrows’ home and Wahlberg’s estate were acquired by the same buyer, an anonymous Mainland Chinese billionaire now believed to be directly associated with Gu. It’s perhaps not such a surprise that Xu and Gu would be on the hunt for ultra-luxury homes, despite China’s broader economic slowdown. The Covid-19 pandemic proved extraordinarily lucrative for Mindray; in 2020, the net worth of company cofounder Li Xiting—Singapore’s richest man—was reported to be increasing by a mind-bendingnotes he is the world’s fourth-wealthiest man in the healthcare industry.
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