Caixin
May 18, 2011 06:43 PM

CDH Investments Founder Elopes with Lover

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(Beijing) – So beguiled by his mistress, the billionaire throws it all away – maybe it isn't a story for the ages but Chinese netizens have been stirred into a bustle over the scintillating details surrounding the private life of CDH Investments founder Wang Guoquan.

(Wang Gongquan              Wang Qin)

On May 16, the 50-year-old Wang wrote on his microblog that he has decided to "give up everything" to run away with the woman he loves. Internet users have speculated that his partner is Wang Qin, founder of Jiangsu Zhongfu Science and Technology Industrial Group Co.

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