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Home Crypto Ecosystem

From Crypto to Castles: Huobi Founder’s Luxurious Leap into Hong Kong’s Real Estate

by Quirky Block
16 August 2023
in Crypto Ecosystem
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Ever wondered where the big players in the crypto world hang their hats? Huobi’s founder, Li Lin, might have snagged himself a swanky pad in Hong Kong!

Word on the street is that Li Lin, the brains behind the cryptocurrency exchange Huobi Global, is believed to be the new tenant of an ultra-luxurious mansion in Hong Kong’s upscale Kowloon Tong district.

This isn’t just any mansion; it’s a whopping 11,692-square-foot house, part of the Mont Verra project by Kerry Properties. And guess what? The rent is estimated to be a jaw-dropping HK$1.17 million (US$150,000) monthly! Talk about living large!

But here’s where it gets even juicier: the lease agreement comes with an option to purchase. That’s right, Li Lin could buy this lavish abode for a cool HK $ 1 billion during the 90-month leasing period. And if he’s not ready to commit, he can renew the tenancy for another three months.
The mansion itself is a dream come true.
Think banquet hall, theatre, entertainment room, gym, library, five maid rooms, and a swimming pool. It’s the epitome of luxury in a city known for its opulence.

While the developer has confirmed the tenant’s name as Li Lin, they’ve been tight-lipped about his background or nationality. And while attempts to reach out to the Huobi founder have been unsuccessful, the buzz is undeniable.

This move comes when Hong Kong is making strides to establish itself as a virtual asset hub, attracting crypto entrepreneurs and investors, especially from mainland China where crypto trading faces restrictions.

As the crypto world continues to boom, its pioneers are making waves not just in the digital realm but in the real world of luxury real estate. And with this move, Li Lin is setting the gold standard!

Tags: Hong Kong Real EstateHuobiKowloon TongLi LinLuxury Mansions
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