Richard Li and Isabella Leong's break-up to cost $4.9 million
Isabella Leong announced to the media recently that she and partner, Hong Kong billionaire Richard Li, have spilt up.
She told the media: "For 2011, I will be starting over a new page in my life. Richard Li and I have split up.
"We have had wonderful memories of our times together. We plan to bring up our children together. Hoping they will grow up happily and in good health. We also hope to have less media pressure and to live our lives in peace."
The 44-year-old youngest son of entrepreneur Li Ka Shing and the 23-year-old former actress, who have been rumoured to be secretly married last year, have 3 sons.
There is speculation that their sons will reside with Richard as the main guardian, but he has not publicly responded to this.
There are also rumours that Isabella wants custody of their 3 sons for a sum of HK$30 million (S$4.9 million), reported Oriental Daily.
The news has shaken the showbiz industry in Hong Kong as the couple, who was in a 8-year-relationship, was thought to be a perfect match.
They met on the film set of 'The Mummy 3' and was introduced by actress Michelle Yeoh.
While the couple have been the object of envy to many for their true love, their relationship was apparently not smooth sailing.
A 'photograph on Facebook' incident reportedly caused dissatisfaction among the Li family when Isabella uploaded some private photographs of herself and her sons on Facebook for family and friends to admire. The media attention she draw brought the Li family into the limelight, and her actions were disapproved by Richard and his family.
More problems arose when there were rumours Isabella’s led a vibrant life in Canada. She allegedly met up with a tall guy and stayed overnight at a hotel.
The couple have tried to resolve their misunderstandings, but to no avail and it seems the break-up could be a done deal.
Also, it was reported that Li Ki Shing had built a mansion in Deep Water Bay with plans for Richard's family to live on the 4th floor. Richard had reportedly started shifting furniture into this unit but there were no indications that Isabella would be moving in too.
Isabella Leong, 22
Richard Li, 44
Born: June 23, 1988, Macau
Born: Nov, 8, 1966, Hong Kong
Her mother worked as a casino croupier to raise her and her elder sister.
The second son of tycoon Li Ka Shing.
Dropped out of school at 12 to be a model.
Chairman on PCCW, Hong Kong's biggest provider of telecom services.
Starred in films like Isabella, Diary and Spider Lilies.
Ranked Hong Kong's 16th richest in 2009 by Forbes, with assets of HK$8.6 billion.