On March 22, Chinese media outlet “163” reported that Huang Xiaoming had drafted a will to distribute his estimated 10 billion CNY fortune in order to prevent disputes between his former and current partners as well as his two children in the future. According to the report, Huang Xiaoming’s assets fill up 8 pages and include multiple luxury real estates — notably, a Siheyuan courtyard home in Beijing and a villa on Hainan Island, which are among his most valuable properties. He also holds shares in various entertainment and film production companies, and has investments in technology, fashion and alcohol industries.
According to the will, his wealth will be equally divided between his son Xiao Hai Mian and his newly born youngest daughter, meaning each child stands to inherit about 5 billion CNY. Ex-wife Angelababy and influencer Ye Ke (the rumored mother of the youngest daughter) are not entitled to any of the inheritance. However, this inheritance will not come easily to the two children.
“163” reported that Huang Xiaoming set a monthly allowance limit of 200,000 CNY for his son Xiao Hai Mian until he turns 18. After that, if Xiao Hai Mian wants to spend more, he must provide a detailed explanation for each expense and have it approved three times by Huang Xiaoming’s lawyer. Huang intends to strictly control his son’s spending to prevent him from relying on his father’s wealth, wasting money or spending on unnecessary things.
As for his youngest daughter, Huang Xiaoming is said to be even stricter. He set an extremely high bar for her to access her full inheritance. The will reportedly states that she must be admitted to a top-tier university in China under the Project 985 initiative — such as Tsinghua University, Peking University or Fudan University. If she fails to get into one of these elite universities, she will only be eligible to receive 50% of her inheritance. Notably, she can only access her inheritance after turning 30.
According to “163”, Huang Xiaoming placed these conditions to ensure Ye Ke raises their daughter properly, encouraging her to study hard and become successful. This measure is also seen as a safeguard against Ye Ke’s potential greed that might lead to unfair outcomes for the child. In the event that the daughter cannot gain admission to a top university, she would still receive 2.5 billion CNY — an amount more than sufficient for a lifetime without financial concerns.
Currently, Huang Xiaoming has not issued any official response to the report about his will. However, on Weibo, Chinese netizens widely praised the reported contents of the will, stating that if true, Huang Xiaoming has cleverly and thoroughly planned the asset distribution to secure the future of his children.