"Zhao Wei was once a superstar in China, known as the ""female Warren Buffett"" thanks to her $1 billion fortune. But in 2021, her career suddenly ended when she was blacklisted. She disappeared from public life—her name was removed from movies, and she stopped attending media events entirely.
Then, in early 2024, Zhao Wei made a surprising return, appearing in a cheerful candid photo. However, fans noticed something strange: for the past three years, she and her husband, Huang Youlong, hadn’t been seen together or interacted online. So, why?
Zhao Wei was once a superstar in China, known as the female Warren Buffett, thanks to her $1 billion
fortune. But in 2021, her career suddenly ended when she was blacklisted. She disappeared from
public life, her name was removed from movies, and she stopped attending media events entirely.
Then, in early 2024, Zhao Wei made a surprising return, appearing in a cheerful, candid photo.
However, fans noticed something strange. For the past three years,
she and her husband, Huang Youlong, hadn't been seen together or interacted online.
Rumors started flying that they had divorced, especially after she deleted all photos of him
from her social media. It's believed that Huang Youlong played a major role in getting Zhao Wei
involved in political issues, which eventually led to her downfall. So how did her husband's
influence lead to such a dramatic turn in her life? Stick around to find out.
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The Mysterious Background of Huang Youlong
Huang Youlong was born in Shidianqiao Town, Xiaodong County, Hunan Province,
to a poor farming family. He attended a small primary school called Longtang in Hunan,
but little is known about his education after that. Before marrying Zhao Wei,
Huang Youlong was virtually unknown. It was only after their marriage that details about him
emerged, and he was labeled as a wealthy Singaporean businessman. However, how he
built his fortune remains unclear. Some say Huang made his first fortune in the cement business.
Others believe he worked as a driver and assistant for Xu Zhongheng,
a former mayor of Shenzhen involved in one of China's largest corruption scandals.
Xu was sentenced to death with reprieve in 2011 for accepting bribes. Known as the
Subway Mayor, Xu led massive infrastructure projects, including Shenzhen's subway,
but embezzled over 20 billion yuan, approximately 2.8 billion dollars. Xu was also infamous for his
lavish gifts, including 7 kilograms of gold labeled as a local specialty. He had relationships
with 19 mistresses, managing them harmoniously by treating them like a business. He even held
annual parties to maintain good relations among them. After Xu's arrest in 2009, only a small
portion of the embezzled funds was recovered. Rumors suggest that Huang helped Xu launder money
and manage his hidden assets. Some even speculate that after Xu's downfall, portions of the hidden
fortune became ownerless. Who gained control of it remains a mystery. Huang has denied these
allegations on his Weibo account under the username ZhuMengJia, claiming he was never
anyone's driver. However, his career timeline closely aligns with Xu's rise in power.
In 1993, Xu moved to Shenzhen for a minor government role. At the time, 17-year-old
Huang was working as a laborer in the city, showing no signs of wealth. By 2001, when Xu
became the head of Shenzhen's party organization department, 25-year-old Huang bought a 183-square
meter apartment in Shenzhen for 2.34 million yuan, around $320,000. Just three months later,
Huang and a fellow villager established a company in the same building. However, the company never
conducted any business. Soon after, Huang sold his shares to his partner for a significant profit.
Over the years, Huang repeated this pattern, starting companies and selling their shares
for high prices shortly after, regardless of whether the companies were operational or profitable.
This led to suspicions of money laundering, with buyers seemingly paying for connections
rather than the businesses themselves. By 2008, at just 32 years old, Huang was a billionaire
with an estimated fortune of over 1 billion yuan, around $140 million. When Huang married Zhao Wei,
journalists estimated his net worth at 400 million yuan, approximately $56 million.
Despite his success, the mystery of how he amassed his wealth continues to raise questions.
What do you think about Huang Yulong's rapid rise to wealth? Could his success have been
entirely legitimate, or do you believe there's more to the story than meets the eye? Let us know
your thoughts in the comments below. Immense Power, Backed by Industry Titans
In Chinese entertainment, Zhao Wei is a powerhouse, known for her immense influence despite her low
profile. Her power is bolstered by strong ties to influential figures. Besides her wealthy husband,
her brother Zhao Jian ranks among the richest entrepreneurs in Anhui province.
Zhao Jian owns 32 million shares, 8.01%, in Tangde film and television, valued at 880 million yuan,
over $120 million. He has also diversified his investments into luxury car showrooms.
Meanwhile, Zhao Wei's mother manages a film production company with capital in the hundreds
of millions of yuan. Zhao Wei's connections extend to two of China's wealthiest billionaires,
Alibaba's Jack Ma and Wanda Group's Wang Jianlin. Both have praised her publicly,
and Zhao Wei and her husband enjoy a particularly close relationship with Jack Ma.
He is widely believed to have played a significant role in advancing Zhao Wei's career.
When Jack Ma expanded Alibaba into the film industry by launching Alibaba Pictures,
he reportedly enlisted Zhao Wei's support. She invested $400 million to acquire a 9.2% stake,
becoming the company's second-largest shareholder.
Zhao Wei is equally influential in the entertainment industry. After her breakout
role in My Fair Princess, she joined the elite Beijing Circle, Jingquan, a network of powerful
entrepreneurs and acclaimed directors such as Chen Kaijie and Zheng Xiaolong.
Members of this circle dominate the entertainment industry, with Zhao Wei,
Zhou Shen, and Chen Kun among its most prominent figures.
Producers keen to cast Zhao Wei must pay a premium. For example,
she earned 40 million yuan, around $5.6 million, for her role in the drama Tiger Mom.
For film roles, her starting fee is reportedly 15 million yuan,
approximately $2.1 million. Zhao Wei's influence also extends into politics.
She maintains close ties with Wang Lin, an advisor to Zhang Zemin, and Zheng Qinghuai,
the brother of Zheng Qinghong. Both wield significant power in shaping the entertainment
landscape across mainland China and Hong Kong. Four consecutive years of wrongdoing.
After the birth of their child, Zhao Wei and her husband, Huang Yulong,
began building a financial empire known as the Longwei Media. The couple invested in China's
industry, purchased four vineyards in France, and registered dozens of companies in tax havens like
Hong Kong, Singapore, the Cayman Islands, and the British Virgin Islands. Investigations revealed
that Huang Yulong alone registered 27 companies in Hong Kong, often with simplistic and uninspired
names. These companies were categorized into groups such as Yintu Group, Great Desert Group,
and Belt and Road. Meanwhile, at least seven companies were registered under Zhao Wei's name.
What these companies actually did, or how profitable they were, remains unclear. However,
one thing is certain, the couple's wealth skyrocketed within just a few years.
By 2018, Zhao Wei and Huang Yulong appeared on the Hurun Rich List with a combined net worth of $1
Zhao Wei also reportedly owned at least eight luxury properties in Hong Kong and Singapore,
becoming a symbol of success and a role model for aspiring young women. Public opinion shifted in
2017 when it was revealed that much of their wealth was gained through fraudulent practices.
They frequently used financial leverage and inflated investments to artificially boost
stock prices for profit. This led to devastating losses for dozens of small investors
and earned them severe penalties from China's Securities Regulatory Commission,
according to Xinhua News. Zhao Wei's wine business also faced scrutiny. In 2015,
she introduced wines from her company, Chateau Manlong, to the Chinese market.
Despite being among the top five wine sellers in China for years,
investigations by the Beijing Economic Times found no records of Chateau Manlong in Chinese
or French business registries. Calls to the company's hotline were rerouted to a number
unrelated to Chateau Manlong, and customer service staff admitted they had no idea where the
company's offices were located. Wine critic Jean-Marc Nolant raised further questions about
Chateau Manlong's production. The vineyard covers just 8.5 hectares, capable of producing a maximum
of 30,000 bottles per year. However, the reported annual output was 500,000 bottles, leaving 470,000
bottles unaccounted for. Zhao Wei declined to comment on these allegations. After facing
penalties, the couple became much more private. Their company records in mainland China turned up
empty, while their overseas entities were deemed uncontrollable. The last known update on their
came in 2019, when Huang Yulong reportedly held $695 million, ranking 912th among China's richest.
By 2020, they had fallen off the list entirely. In March 2020, Beijing Economic Times discovered
that Huang and billionaire Lam Kok-tai had jointly invested $70 million into a cement
production project by Mongolian Energy Company. However, follow-up investigations revealed that
Mizu Mongolian, a subsidiary involved in the project and owned by Huang, had no financial
records or debt reports. Instead, it owed $13.1 million to Lam Kok-tai's corporation.
The mysterious disappearance of $83.1 million remains unsolved, with neither Huang nor Lam
providing any explanation. The end came in 2021, when Xi Jinping's crackdown on the entertainment
industry brought their wrongdoings to light. Zhao Wei's career and marriage both unraveled.
Chinese media reported that Zhao and Huang divorced that year. Sohu revealed that Zhao
wanted to distance herself from Huang's mounting financial troubles and debt, including 200 million
yuan, around $28 million, owed to creditors. Huang Yulong's involvement in shady dealings with his
cousin and connections to Southeast Asian criminal gangs further tarnished his reputation. Fearing
repercussions, he reportedly fled, leaving Zhao Wei to protect her assets and hastily file for
divorce. Insiders claim Zhao Wei and Huang Yulong's marriage was more of a business arrangement.
Zhao was drawn to Huang's immense wealth while he leveraged her industry connections to expand
his ventures. Together, they climbed to billionaire status. However, their unchecked
greed ultimately led to their downfall. Their fraudulent activities left countless victims
in financial ruin. In the end, Huang disappeared under a cloud of debt and lawsuits, while Zhao Wei
was banned from both showbiz and business. Even today, the public hasn't forgotten the harm caused
by this once-powerful couple. Their story serves as a cautionary tale about the high price of
ambition without limits. What are your thoughts on the legacy of Zhao Wei and Huang Yulong? Do you
think their downfall was inevitable, or could things have turned out differently?
Share your opinions in the comments below.