The socialite's will named only her son and daughter
Socialite Theresa Po Wing-kam, who died on Sunday morning after a 10-year battle against illness, is believed to have left a $1 billion fortune to her two children.
According to her will, drawn up in 2000, 60 per cent of her net worth will go to her 22-year-old son while the remainder will go to her daughter, 19.
Po, who was 49, was first diagnosed with breast cancer in 1992 but overcame it after a six-month battle. In 1995, the cancer returned and spread to her lungs. Po recovered after chemotherapy in the United States. She was diagnosed with kidney problems which required her to undergo dialysis treatment last year. She underwent a kidney transplant in Zhuhai in December.
She was admitted to the Kwong Wah Hospital in Kowloon on April 14 with a high fever and had been in intensive care until her death. Her family has not released information on the cause of death.
Po, who was married to tycoon Joseph Lau Luen-hung from 1977 to 1992, was named Hong Kong's second richest woman in 1998, with an estimated net worth of $400 million. She was a generous benefactor to charities.
Known as a savvy businesswoman, she had helped her ex-husband build up a real estate empire from a small company, Evergo, which exported ceiling fans to North America.