Wei Huang is Chairman of Shenzhen New World Group, a real-estate development company headquartered in China. In 2011, the company purchased two major Los Angeles hotels (the Sheraton Universal and the Marriott DTLA) for approximately $150 million. The company has invested nearly $1.5 billion in projects worldwide over the past decade.

Huang paid $3.8 million for this house in 2009.
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By: gordonhigh
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