Coco Lee’s 128 million USD fortune left behind for her mother: cash, real estates, royalties

After the sudden passing of pop star Coco Lee, the contents of her assets worth 128 million USD have been revealed.

It is known that Coco Lee, who recently died by suicide, left her entire assets worth 128 million USD to her mother.

According to Sina, Coco Lee owns 7 houses and properties in Hong Kong, all of which are located in major areas such as Peak, Central Mid-Levels, and West Mid-Levels. These are all properties that the singer purchased outright, without any mortgages.

Among them, four villas are jointly owned by the singer, her mother, and two sisters through a form of shared ownership. According to Sina, with this form of ownership, when one person passes away, their rights and interests are transferred to the remaining individuals, and the last person will inherit the entire asset.

This means that Coco Lee’s share of the four houses will be transferred to her mother and two sisters directly. Her ex-husband, Bruce Rockowitz, and his two daughters will thus have no inheritance rights over them.

Coco Lee also owned a villa worth 60 million HKD (approx 7.6 million USD), which was purchased under her company. The singer also has 2 businesses in which her mother holds shares, with a current value of up to 12 million HKD (approx 1.5 million USD) if sold.

In addition, the female star also profited from various music royalties, assets in banks, and more, with a total value of up to $128 million USD.

On the other hand, Nancy, Coco Lee’s sister, stated to HK01 that she doesn’t know how much money and real estate her sister owned, but everything was handed over to their mother while Coco was still alive. Therefore, no one has the right to object to Coco Lee’s decision to leave everything to her mom.

Previously, some media outlets reported that Coco Lee’s former husband, businessman Bruce Rockowitz wanted to contest his wife’s personal assets. As the couple had not completed their divorce procedures at the time of Coco Lee’s passing, Nancy’s remarks are suspected to be made in response to her former brother-in-law’s actions. 

At the same time, a Chinese blogger recently made a video revealing the truth behind Bruce Rockowitz’s assets. According to the blogger, the Canadian businessman does not actually own assets worth $200 million USD, as many people believe. In addition, Bruce started as a private badminton coach and later ventured into business through connections with a major company’s CEO.

After Coco Lee’s passing, Bruce Rockowitz suddenly returned to Hong Kong, and publicly expressed his condolences, referring to Coco as his “beloved wife”, despite previous rumors of the two having a rocky marriage.

Meanwhile, Coco’s sister said she was surprised by Bruce’s actions, as the two had not been in contact for a long time.

To respect the person who once called her “sister-in-law”, Nancy agreed to discuss and plan funeral arrangements with Bruce. However, she did not give him full decision-making authority.

Source: Sina, HK01, k14