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Wife of Three Arrows co-founder sells S'pore mansion for $51m
The Straits Times
|November 05, 2024
The wife of Zhu Su, the co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital (3AC), has managed to sell a mansion she owns in Singapore for $51 million, despite a court-imposed freeze on some of the couple's other assets.
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The sale by Ms Tao Yaqiong, also known as Evelyn, was inked in July and completed in October, according to property records seen by Bloomberg News. The so-called good class bungalow (GCB) sits on 1,446 sq m of land in Dalvey Road, near the Singapore Botanic Gardens. Ms Tao bought the house for $28.5 million in 2020 and has since redeveloped it.
This story is from the November 05, 2024 edition of The Straits Times.
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