Wang Gongquan, Billionaire Investor, Uses Social Media To Announce He's Leaving Wife For Mistress

Chinese Billionaire Uses Social Media To Announce He's Leaving Wife For Mistress

Billionaire investor Wang Gongquan recently announced to the world that he was leaving his wife to elope with his mistress -- and he did it on a Chinese microblogging site like Twitter, called Sina Weibo.

"I am giving up everything and eloping with Wang Qin," he wrote, according to the Wall Street Journal. "I feel ashamed and so am leaving without saying goodbye. I kneel down and beg forgiveness!"

WSJ added:

Mr. Wang's May 16 confession went viral. The 49-year-old's post was re-published by other users about 60,000 times within 24 hours. Other bigwigs felt compelled to weigh in. "Please get in touch with me as soon as possible!" Mr. Wang's friend, Pan Shiyi, the billionaire chairman of Soho China Ltd., one of Beijing's biggest real-estate developers, wrote to him on Weibo. "Your family is incredibly anxious...Please contact them."

Following the revelation, Wang continued to post emotional messages on his Sina Weibo account, then followed up by linking to a video where he stands in front of the water and sings about his personal drama (lyrics via NY Mag):

Always facing the whispers of the wind with a heart longing for love/
I loathe nothing more than laboring for profane achievements/
Who has ever seen mountains of gold and silver/
last through 10,000 generations?/
Throughout the ages,/
the only precious thing is this feeling.

Business Insider notes this "isn't the first time that a Chinese financier has caused a huge furor on a Twitter-like site."

Earlier this year, in an extremely explicit online tirade, DangDang CEO Li Guoqing (DangDang is like Amazon in China) let the world know how he felt about Morgan Stanley after it priced his company for a 50% pop on the day of its IPO.

Li descibed Morgan Stanley bankers as "little rats" and says "let me **** all of you up after this drama is over."