A $100 Billion REIT Rout Pulverizes Family Fortunes in Asia

  • Some of Asia’s wealthiest clans have been hit by declines
  • The Tangs own stakes in SingHaiyi Group, Suntec, Oue REITs
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The Tangs are a classic Singapore power couple.

Gordon, a former professional windsurfer and avid sailor, and his wife Celine moved from China in the 1990s, founded trading firm Tang Dynasty and then established a real estate empire.