Phuoc Sang - Vbiz's notorious boss: Deflated trillions of debt because of real estate investment, causing his ex-wife to be implicated.

Hoàng PhúcJan 30, 2022 at 09:30

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From the director, producer of the hit movie series, Phuoc Sang suddenly defaulted on debt, life fell into crisis.

Phuoc Sang's full name is Luu Phuoc Sang, born in 1969 in Ho Chi Minh City. He is known to the public as a theater actor, film actor, film director and producer.

At the time after 2000, Phuoc Sang reached the peak of his career when he made a series of hit movies such as When Men Are Pregnant, Ha Dong Silk Dress, Immortal Legend...

In addition, Kim Thu - Phuoc Sang used to be a cult couple in the entertainment industry. The favorable job helps him not only be respected by many people but also have a rich life when he is with his wife.

Phuoc Sang - Vbiz's notorious boss: Deflated trillions of debt because of real estate investment, causing his ex-wife to be implicated. - Photo 1

Kim Thu - Phuoc Sang husband and wife are still at the peak of their careers

The boss is so rich that he defaults on his debt of 1,000 billion because of real estate investment

Thanks to the filmmaking, "boss" Phuoc Sang has a prosperous life, drives a luxury car, lives in a villa of 67 billion VND. At the same time, the marriage between him and actor Kim Thu also made many people dream.

However, at the end of 2012, the news that the director was accused of stealing 2 billion VND and 25,000 USD of a domestic businessman made Phuoc Sang's name seriously affected. After that, bad news related to the financial situation rushed to Phuoc Sang and the public. Six months later, the businessman mentioned above continued to accuse director Phuoc Sang of not paying his debt. Total debt is up to 5 billion VND.

Phuoc Sang - Vbiz's notorious boss: Deflated trillions of debt because of real estate investment, causing his ex-wife to be implicated. - Photo 2

Phuoc Sang's 67 billion villa was once splashed with shrimp paste by creditors

The villa of 67 billion - where he and his family lived was also attacked with shrimp paste, the family was cursed and threatened, his wife and children lived in fear. Worth mentioning, by the beginning of October 2012, Mr. Phuoc Sang was even more shocking when he confessed that he had put 1,000 billion dong into real estate investment but then failed to sell.

"In the beginning, I sold a few pieces of land to people, but the following customers kept competing to buy, the price of land increased every day. I made the art of making money hard, sweat and tears, but witnessed in front of people's eyes. gently transferred to the land, billions of dollars flowed into my pocket every hour, I couldn't resist that attraction. But when the market was "broken", I had already put 1,000 billion into real estate and couldn't sell it," Phuoc Sang said.

The director for example, the land at Long Thanh airport (Dong Nai): bought it for 300 million at first, but then sold it for 100 million, no one asked.

From the position of giants in the film production village, living in a mansion of tens of billions of dong, with a beautiful wife and two handsome sons, Mr. Phuoc Sang fell into a literal "empty-handed" scene.

Phuoc Sang - Vbiz's notorious boss: Deflated trillions of debt because of real estate investment, causing his ex-wife to be implicated. - Photo 3

After the divorce, actress Kim Thu also covered enough jobs, then opened a restaurant of her own.

At the end of 2012, actress Kim Thu shared with the press that she and Phuoc Sang had been divorced for more than a year. After that, she also had to go through enough jobs such as selling sticky rice, restaurants, ... to cover her life and repay her ex-husband's debt. In the latest post, Kim Thu said that her mother and sister were also victims of her ex-husband 10 years ago.

"I lost my family because I wanted to get rich. That was my tragedy."

After bankruptcy, "boss" Phuoc Sang completely disappeared from showbiz. During this time, he actively worked to pay off his debt as well as avoid media scrutiny. Until 2017-2018, Phuoc Sang returned with two film products, Midnight Ride and Much Money for What, but it was not as successful as expected. However, this is also the time when the once-rich man is willing to open up to the media about the past story.

Responding to the press, the director shared: "It's a lesson for youth to win. Through the ups and downs, I understand that whatever you do, you must put the interests of the family first. If you keep going with passion, when things go wrong. If it happens, my family will get it. I lost my family because of the love of getting rich. That was my tragedy.

I was too passionate about the real estate business and struggled for it. I am not familiar with this field. I cannot calculate the volatility of the real estate market. So I accept defeat and blame no one. If only I had focused on making movies, I would have lived a healthy life, my family wouldn't be as miserable as it is now. If I wasn't greedy."

How is life now?

After the event of debt default, Phuoc Sang had two accidents, so he did everything carefully, kept his spirit stable, took the joy of his children, their growth and maturity to make life fun.

It is known that Phuoc Sang is also married for the second time but always hides new family information from the media.

Phuoc Sang - Vbiz's notorious boss: Deflated trillions of debt because of real estate investment, causing his ex-wife to be implicated. - Photo 4

Compared to before, now Phuoc Sang is much thinner. The actor also has a new family and a daughter but decided not to reveal his identity

Most recently, Phuoc Sang also appeared in the livestream of actress Thuy Diem when the two revealed some information about the joint movie project. The recent continuous appearance, Phuoc Sang looks thinner and more emaciated than before, but is very comfortable interacting with people.

No one knows if the "boss" for a while has paid off all the debt or not, but the fact that creditors continue to collect debts from ex-wife Kim Thu makes the public surprised and heartbroken.

Phuoc Sang - Vbiz's notorious boss: Deflated trillions of debt because of real estate investment, causing his ex-wife to be implicated. - Photo 5

Phuoc Sang's recent appearances have attracted a lot of attention.

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