Stephen Hung From 'Bling Empire: New York' Once Bought 30 Rolls-Royces
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Pour yourself a glass of wine and throw that popcorn in the microwave, because the new Bling Empire spinoff is officially here. Bling Empire: New York dropped on Netflix on Jan. 20, and if you were a fan of the O.G. show, featuring the real-life versions of Crazy Rich Asians thriving in L.A., something tells me you’ll enjoy the east coast version.
At the center of the new spinoff you'll meet Hong Kong power couple Stephen Hung and Deborah Valdez-Hung. These two have been married for about 10 years now, and they're the definition of flamboyant wealth—from their designer clothing to their Rolls-Royces and private jets.
Ahead, learn about the Hungs, including where they’re from, how old they are, how they made their money, and their net worth.
Stephen is from Hong Kong.
Stephen is a millionaire businessman who’s mostly worked in investment banking and real estate, per Tatler Asia. Born in Hong Kong to wealthy parents involved in real estate, he moved to New York in 1977, Tatler Asia and Bustle wrote.
Stephen was educated at Columbia University and the University of Southern California, where he got his MBA, according to his LinkedIn.
He works in finance.
Stephen started his career working as the Vice President of Real Estate at Citi, before becoming Head of Investment Banking, Asia, at Merrill Lynch, according to his LinkedIn.
Stephen founded and is currently the chairman of SH Capital Group, a private investment firm dealing with real estate, hospitality, and other luxury industries, according to his LinkedIn. He’s also apparently the founder of The 13, a Macau hotel chain, Tatler Asia reported.
Stephen served as joint chairman of The 13 Holdings Limited, an investment holdings company, chairman of The Taipan Investment Group, and he is now vice-chairman of Rio Entertainment Group, which runs a Macau casino, per Page Six.
Deborah used to model.
Originally from Mexico, Deborah is a former model and current socialite who owns Dreamodels, an Asian-European modeling agency, per Tatler Asia.
But that's not all. Deborah is also a lawyer and businesswoman, according to the outlet. In her free time, she loves traveling and adores fashion, just like Stephen. She’s also friends with celebs like David Beckham and designers like Christian Louboutin, Bustle reported.
How old are Stephen and Deborah Hung?
Stephen is 64, while Deborah is 39, per Tatler Asia.
The couple met in Hong Kong.
The pair met when Deborah was in Hong Kong on vacation shortly after completing her law studies in Mexico, The Wall Street Journal reported.
"I came from a very conservative family. When I met him I didn't want him to impress me with anything but his mind," Deborah told the outlet in 2013. "He has this magnetism. Designers, investors, everyone wants to talk to him."
After getting hitched in the Diamond Ballroom at the Hong Kong Ritz-Carlton in 2012, the Hungs continued to attended a ton of high-society events together in Hong Kong, Tatler reported. I’m talking charity galas and balls, Paris Fashion Week, the Cannes Film Festival, and more, per Tatler Asia. The pair even rang in the new year at the Bulgari Resort in Dubai, and frequently travel around in private jets and fancy cars.
The couple has two children.
Deborah and Stephen's sons are named Ivan and Sean, per Newsweek.
What’s their net worth?
Stephen’s net worth is allegedly a solid $400 million, per Celebrity Net Worth. Most outlets report that this is the couple’s shared net worth, so, you know—give or take a million.
Fun fact: Stephen once bought 30 customized Rolls-Royce Phantoms for $20 million, The Washington Post wrote. (My wallet hurts.)
Tune in to Bling Empire: New York, streaming on Netflix now, for a peek into the lives of Deborah and Stephen Hung.
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