Wendi Deng ‘to keep luxury £10MILLION mansion by Beijing’s Forbidden City


Wendi Deng ‘to keep luxury £10MILLION mansion by Beijing’s Forbidden City as part of divorce settlement from Rupert Murdoch’

  • Wendi Deng and Rupert Murdoch reached an agreement to end their 14-year marriage on November 20, 2013
  • Deng, the third ex-wife of media mogul Murdoch, will receive a traditional Chinese mansion as part of the settlement
  • Notable visitors are said to include Tony Blair, actress and TV star Fan Bingbing and pop star Zhang Liangying
  • The luxurious property reportedly has a floor area of 21,500 square feet and an underground swimming pool

Wendi Deng, the third ex-wife of billionaire media mogul Rupert Murdoch, will receive a traditional Chinese mansion adjacent to Beijing’s Forbidden City as part of her divorce settlement, it has been reported. 

Ms Deng, 45, and the 82-year-old media mogul reached an agreement to end their 14-year marriage on November 20, 2013. 

Sources say under the terms of the divorce settlement Deng will not receive a share of Murdoch’s media empire and that their split will not affect the rules of the Murdoch family trust.

Chinese mansion: The property Wendi Deng has reportedly received as part of her divorce settlement with Rupert Murdoch

Chinese mansion: The property Wendi Deng has reportedly received as part of her divorce settlement with Rupert Murdoch

Notable visitors are said to include former British prime minister Tony Blair, actress and TV star Fan Bingbing and pop star Zhang Liangying

Notable visitors are said to include former British prime minister Tony Blair, actress and TV star Fan Bingbing and pop star Zhang Liangying

Luxury: The property could be worth as much as 100 million yuan (£10million)

Luxury: The property could be worth as much as 100 million yuan (£10million)

However, she will keep their three-story Fifth Avenue apartment in Manhattan as it has become a home for their daughters as well as a traditional siheyuan, or courtyard-style residence, near the former imperial palace in Beijing that Murdoch purchased and refurbished in 2004 for at least 10 million yuan.

The luxurious property, which has never been open to the public, reportedly has a total floor area of 21,500 square feet, and is said to have an underground swimming pool, a simulated golf driving range and a billiards room.

Notable visitors are said to include former British prime minister Tony Blair, actress and TV star Fan Bingbing and pop star Zhang Liangying.

VIP guests: Murdoch and wife Wendi Deng attending Time magazine's 2008 list of the world's 100 most influential people gala in New York

VIP guests: Murdoch and wife Wendi Deng attending Time magazine’s 2008 list of the world’s 100 most influential people gala in New York

 

The property could be worth as much as 100 million yuan (£10million), according to Wantchinatimes.com, which adds that while this type of residence was popular around the time of the Beijing Olympics in 2008, their value has since wavered and Chinese law makes them tricky to sell as buyers must purchase them with a single cash transaction.

Mr Murdoch attended the Vanity Fair Oscar party on Sunday alongside Juliet de Baubigny, 44, a partner at a venture capital firm in California.

Ms Baubigny is a partner at Kleiner Perkins Caufiled & Byers in Silicon Valley and a mother-of-two.

She’s not only successful in business, but also in fashion and was listed on Vanity Fair’s list of ‘Silicon Valley’s Most Stylish’ person’s list in April 2013.

Film fan: Mr Murdoch attended the Vanity Fair Oscar party on Sunday alongside Juliet de Baubigny, 44, a partner at a venture capital firm in California

Film fan: Mr Murdoch attended the Vanity Fair Oscar party on Sunday alongside Juliet de Baubigny, 44, a partner at a venture capital firm in California

Digg This
Reddit This
Stumble Now!
Buzz This
Vote on DZone
Share on Facebook
Bookmark this on Delicious
Kick It on DotNetKicks.com
Shout it
Share on LinkedIn
Bookmark this on Technorati
Post on Twitter
Google Buzz (aka. Google Reader)

Leave a Reply

Your email address will not be published. Required fields are marked *