When 2 people really care about each other, they always find a way to make it work. Even if it means giving up your entire inheritance.
Laura Ashley heiress Angeline Francis Khoo, the daughter of Malaysian retail and hotel tycoon Khoo Kay Peng and former beauty queen Pauline Chai, announced that she has cut ties with her father after he disapproved of her relationship with her now-husband Jedidiah Francis.
“I’ve been fortunate to have that perspective: you can have money and it’s a blessing; it allows you to do things and gives you options, but there are also things that come with it, such as control,” she told The Telegraph. “Money amplifies negative characteristics and that can cause problems. To walk away from that was actually very easy. I didn’t even consider it.”
Jedidiah is from the Caribbean and he had been dating Angeline since their Oxford day. He currently works at ASOS (British online fashion and beauty store) as the Head of Data Science. The couple now live together in London.
AsiaOne also noted that Forbes estimated Angeline’s net worth to be approximately USD407 million (that’s roughly RM1.7 billion!) in 2015.
Besides that, Angeline’s father was ordered to pay USD84million to his former wife after a 5-year battle. She had taken her mother’s side during the proceedings, which certainly had to have fostered tension between the father and daughter.
“In these situations with so much money often people are, like, ‘I don’t get it. Why are they fighting over so much?’ But it’s not really about the money, it’s about control and losing that control. That’s something that a lot of people can’t grasp because you’re discussing finances way beyond your basic needs,” she said.
However, Angeline, who launched her own brand Rosie on Fire in 2015, hopes that she’ll reconnect with her father in the future, “in the sense that he can let go of his anger and his hurt and there can at least be some (form of) cordial, warm relationship.”
We wish the heiress and her husband all the happiness in the world 🙂