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property developer Cecil Chao
H.K. tycoon rescinds $130 mn 'marriage bounty' for gay daughter

in HONG KONG, 02/02/2014

A Hong Kong tycoon has withdrawn his $130 million "marriage bounty" to find his lesbian daughter a male suitor after she defended her sexuality in a heartfelt open letter, but emphatically refused to accept her partner into the family.

Gigi Chao asked her father, flamboyant property developer Cecil Chao, in an open letter Wednesday to treat her partner of nine years as a "normal, dignified human being".

Her plea came after Chao, who refuses to recognise her as a lesbian, last week doubled the "marriage bounty" on his daughter to HK$1 billion ($130 million).

The initial offer of HK$500 million two years ago attracted 20,000 candidates after the outlandish declaration made international headlines.

"If this is what she wants to be for the time being, it’s all over," the elder Chao, wearing a bright orange textured coat and dark-tinted sunglasses, told CNN in an interview Thursday.

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