Chinh Chu – Vietnamese-American billionaire before rumors of divorce from his sister Cam Ly: “A formidable man” of Wall Street, bought the whole 89th floor of Trump World Tower as a penthouse of 1,400 m2.

Recently, information about female singer Ha Phuong and her husband, billionaire Chinh Chu, broke up from an article on the Daily Mail (UK) that attracted much public attention.

After the news was spread, according to many media sources, singer Ha Phuong confirmed that she and her husband were still living happily.

Singer Ha Phuong (SN 1972) was born into a family with a musical tradition, her father is musician Tran Quang Hien. The older sister is singer Cam Ly, and the younger sister is singer Minh Tuyet. She got married and followed Chinh Chu to the US to settle down in 2000. Over the years, the singer’s family and billionaire’s family are tight-lipped, so they rarely reveal their photos together. Many times in interviews with the press, the singer said that she was supported by her billionaire husband in artistic activities.

Before this rumor broke out, billionaire Chinh Chu (SN 1966) was nicknamed by the US newspaper “The formidable man” of Wall Street. Vietnamese business people living in the US consider him one of the most successful businessmen.

Born in Vietnam, coming to the US at the age of 8, billionaire Chinh Chu used to be the CEO of Blackstone Group – the world’s leading alternative investment management group, which has done many successful deals. According to The Richest, Chinh Chu’s estimated fortune reached $1.1 billion many years ago.

In 1975, his whole family started to come to the US, he studied while selling books and delivering home. Although he holds a bachelor’s degree in Finance from the University of Buffalo – a public school in New York (USA), but because this school does not have much reputation, 15 of his applications were rejected.

In 1990, Chinh Chu “joined” for Blackstone financial group. Under Chinh Chu’s hands, Blackstone has completed many major acquisitions such as the $4.2 billion acquisition of Ondeo Nalco; acquisition of German chemical group Celanese for $3.8 billion.

Billionaire Chinh Chu also contributed to Blackstone’s success in acquiring SunGard Data Systems Inc. for $ 11 billion or a syndication to buy pharmaceutical companies Nycomed and Catalent Pharma Solutions ($ 3.3 billion), DJ Orthopedics ($ 1.6 billion) …

In 2013, Chinh Chu became one of two “directors” for the plan to acquire Dell Computer Corporation for about $25 billion. However, the investor later decided to withdraw due to concerns about the global desktop outlook.

Under Chinh Chu, Blackstone also spent $ 26 billion to buy one of the 10 most luxurious hotel chains in the world – Hilton – with dream resorts: Beverly Hilton, Hilton Athens, Hilton San Francisco, Hilton New York.. .

The Blackstone Foundation was founded in 1985, by Schwarzman and Peter G. Peterson. According to Bloomberg data in 2021, the assets under management of this fund are worth up to 334 billion USD.

In 2015, billionaire Chinh Chu left Blackstone because he “wanted to explore new challenges”, but remained active in an advisory role. He later founded CC Capital, a New York-based company focused on investing in and operating high-quality businesses.

And yet, the Vietnamese-born billionaire was once famous when he spent $ 34.3 million to buy the whole 89th floor, half of the 90th floor at the “skyscraper” Trump World Tower that made billionaire Donald Trump pay attention. However, after unsuccessful attempts to buy the remaining half of the floor, Chinh Chu spent another 5 million USD to increase the space on the roof of the building, bringing the total cost to 39.3 million.

Trump World Tower is the tallest residential building in the world located in a prime location in the heart of New York City. With a view opposite the United Nations headquarters, the penthouse of Chinh Chu’s family is nearly 1,400 square meters, containing a total of 34 rooms, including 12 bedrooms and 16 bathrooms.

In addition to the “terrible” roles mentioned above, he also holds the position of Chairman of the Board of Directors of E2open company – a business specializing in providing cloud data connection software for global supply chains. In 2021, E2open is in the top 100 leading information technology providers for the Logistics industry.

In May 2021, E2open acquired software company BluJay Solutions Ltd. with a transaction value of up to 1.7 billion USD.

In June 2021, E2open also announced that it will cooperate with and COSCO Shipping Corporation Limited (COSCO) – a Chinese multinational shipping corporation, through providing a data management application platform. for COSCO. The cooperation between the two sides will be extended until 2023.

Besides business, Chu himself is also a philanthropist. He and his sister founded Vietnam Relief Effort, a non-profit organization that sponsors school building, health care for war invalids, and medical training in Vietnam.