fbpx
Connect with us

News

Daughter of Malaysian Tycoon Gives Up RM1.7 Billion Inheritance for Love

Published

Daughter Of Malaysian Tycoon Gives Up Rm1.7 Billion Inheritance For Love - World Of Buzz 3
Source: Daily Mail

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

The daughter of one of Malaysia’s most successful businessmen has reportedly renounced her inheritance money all for the sake of love.

According to AsiaOne, 34-year-old Angeline Francis Khoo, announced that she has cut ties with her father, Tan Sri Khoo Kay Peng, chairman of fashion and lifestyle company, Laura Ashley after he expressed disapproval of the man she wanted to marry.

Daughter Of Malaysian Tycoon Gives Up Rm1.7 Billion Inheritance For Love - World Of Buzz 2

Source: the star

The heiress and fashion designer reportedly had an inheritance worth 407 million US dollars (RM1.7 billion), but she has since given that up when her father did not approve of her relationship.

Angeline had reportedly chosen to sever ties with her father and walk away from the family business when her father did not want her to marry Caribbean-born data scientist Jedidiah Francis, whom she met when they were studying at Oxford University.

Daughter Of Malaysian Tycoon Gives Up Rm1.7 Billion Inheritance For Love - World Of Buzz

Source: daily mail

She told the Daily Mail,

“I believed Dad’s stance was wrong, so there was no question about what was right.”

Angeline shared that she was groomed to take over the family business from a young age.

The plan was always for me to be involved. That was drilled into me since I was a teenager. It felt like my destiny. Mum used to dress us in Laura Ashley dresses before my father acquired the business,” she said, adding that she used to spend her university summers working in the company as preparation.

The family were also the subject of international attention in the United Kingdom when Tan Sri Khoo and Pauline Chai were going through a high-profile divorce. The case ended in April this year when the judge ordered Angeline’s father to pay USD$112 million (approx. RM478 million) to her mother.

Currently, Angeline lives in London with her husband. However, she still has hope that she will reconcile with her father one day and that he can let go of his anger towards her.

Daughter Of Malaysian Tycoon Gives Up Rm1.7 Billion Inheritance For Love - World Of Buzz 1

Source: daily mail

She still worries for her wealthy father, saying,

“He had everything: a loyal, beautiful, smart wife, and children who love him regardless of whether he has money or not. I feel that at his age he’s vulnerable.”

“When you don’t have that much longer ahead of you, you shouldn’t spend your days being angry and resentful.”

We hope Angelina and her father can make peace and reconcile soon!

 

Also read: Malaysian Twins Who Studied Law Make It Big In UK’s Fashion Industry

These Malaysian Twins Could Be The Future Of The Fashion Industry - World Of Buzz 5

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Collage 22 1 Collage 22 1
News10 hours ago

M’sian Driver Arrested After Losing Temper at Toll Operator Who Told Him Off for Tapping Reader Too Hard

The police recently launched an investigation into a video showing a disagreement between a road user and a toll booth...

My Post 1 2024 11 05T151057.111 My Post 1 2024 11 05T151057.111
News11 hours ago

Birthday Party Organiser Arrested for Providing Guests with Fireworks That Caused Fire at Teluk Intan Hall

The organiser of a birthday celebration was arrested for being involved in an arson incident using fireworks that led to...

Collage 21 1 Collage 21 1
News12 hours ago

Viral Video Shows Rowdy China Tourist Throwing Robe at Putrajaya Mosque Staff, JAKIM Vows to Take Action

A recent video that’s been making the rounds online shows a Chinese tourist throwing a robe handed to them by...

My Post 1 2024 11 05T141054.292 My Post 1 2024 11 05T141054.292
News12 hours ago

PDRM: Kelantan Youths are Illegally Crossing into Thailand & Queuing up for Hours for Drug-Fuelled Fun

The Royal Malaysia Police (PDRM) has revealed that Golok, Thailand, which is less than a kilometer from the Malaysia-Thailand border,...

Collage 20 1 Collage 20 1
News13 hours ago

NGO Urges Tougher Penalty Against Police Escort Who Assaulted OKU Driver, Says RM1K Fine is Too Lenient

The court’s decision to fine Royal Police escort Muhammad Taufik Ismail RM1,000 for injuring an e-hailing driver has sparked outrage...

Collage 19 1 Collage 19 1
News14 hours ago

PDRM Discovers Body of Missing 14yo Autistic Malaysian Boy Floating on Muar River After 2 Days

Police made a shocking discovery after finding a body in Muar River, Johor, following reports from the public about something...

Collage 22 Collage 22
News15 hours ago

26yo M’sian Goes Missing in Thailand, Alleged Kidnappers Ask Family for RM10K or “she’ll be sold to Cambodia”

26-year-old Huang Jia Hui has been missing for over 6 months now. Her life status is still unknown at the...

Collage 18 1 Collage 18 1
News16 hours ago

“He’s still alive” – PDRM Confirms MyKad Found in Ukraine-Russia Warzone Belongs to a 20yo M’sian Mercenary

A recent story making the rounds online shows what’s claimed to be a Malaysian man’s documents, reportedly found on the...

Announcement

Latest Videos



TRENDING TODAY