Tran Le Hoa: 30-year love story with "Tang Tang", the will before leaving

An chiApr 07, 2026 at 16:10

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Tran Le Hoa – the most powerful female real estate billionaire in China, comes from a royal family but rose from difficulties. She also attracted attention when she was the wife of "Tang Tang" Tri Trong Thuy, with a special marriage.

Tran Le Hoa: 30-year love story with Tang Tang, the will before leaving - Photo 1

Ms. Tran Le Hoa is not only known as one of the richest self-made female billionaires in the world but also a symbol of perseverance and bravery. Born in 1941 in Yihuayuan, Beijing, she belonged to the Manchu aristocracy of the Qing Dynasty. However, due to the turbulent times, her family fell into a decline, causing her to drop out of school early to make a living. Few people expected that the young girl who specializes in repairing old furniture could one day build the illustrious Phu Hoa Group, holding golden land funds right next to the Forbidden City. Her life is a testament to her undetermined future, but it is her will and strategic vision that are the key to unlocking the door to success.

Starting a business from scratch:

Tran Le Hoa: 30-year love story with Tang Tang, the will before leaving - Photo 2

In the 1980s, Ms. Tran Le Hoa decided to leave Beijing to go to Hong Kong in search of new opportunities. With the capital she had accumulated from trading and repairing furniture, she began to invest in real estate. Here, she showed a keen mindset when making real estate transactions with huge profits. One of the most famous deals was the acquisition of 12 villas and selling them at the right time when the market was at its peak, helping her accumulate a respectable initial fortune. Success in Hong Kong not only brought her money, but also helped her learn professional management and international vision, creating a solid premise for her to return to investing strongly in her hometown of Beijing.
Building an empire of the iconic Phu Hoa Group in the heart of Beijing:

Tran Le Hoa: 30-year love story with Tang Tang, the will before leaving - Photo 3

After returning to Beijing, Ms. Tran Le Hoa founded Phu Hoa International Group in 1988. She was a pioneer in the renovation and development of busy commercial districts. Her most prominent work is Jinbao Street, a street more than 700 meters long that connects key areas of the capital.

Under her molding hands, it became a high-end complex that included a 5-star hotel, office buildings, and luxury brand stores. In addition, she also owns the Chang'an Club, one of the gathering places of China's top elite and businessmen. Her consistency in pursuing high-end real estate projects has put her name on the list of the richest people on the planet voted by Forbes.

Intense passion for sandalwood:

Tran Le Hoa: 30-year love story with Tang Tang, the will before leaving - Photo 4

Besides her illustrious business career, Ms. Tran Le Hoa is also known as the "Queen of Red Sandalwood". She spent decades and billions of yuan searching, preserving and crafting works of art from this rare wood. For her, this is not only a personal hobby but also a mission to preserve China's traditional cultural heritage. In 1999, she inaugurated the Chinese Red Sandalwood Museum in Beijing.

It is the world's largest private museum specializing in this wood, and houses thousands of intricate sculptures, including models of ancient architecture restored in a 1:1 scale. She once shared that, although business can bring immediate profits, it is art and culture that stand the test of time.
Special relationship with Tang Tri Trong Thuy:

Tran Le Hoa: 30-year love story with Tang Tang, the will before leaving - Photo 5

The marriage of Ms. Tran Le Hoa and actor Tri Trong Thuy, who played Tang Tang in "Journey to the West" in 1986, has always been a topic of public interest. They met in the late 80s and married in 1990. At that time, this love affair was met with a lot of skepticism because she was 11 years older than him and had three children of her own. However, over three decades, they have demonstrated their sincere affection and deep understanding for each other. In daily life, they always keep respect for the standard, addressing themselves with solemn words such as "Teacher" and "Chairman". Tri Trong Thuy is not only a husband but also a companion to her in cultural activities, helping her manage the sandalwood museum and take care of her family.

After Tran Le Hoa died, the information about her will quickly received great attention. Previously, the businesswoman took the initiative to arrange her assets early to avoid disputes. According to revelations, the huge fortune is clearly divided among her stepchildren and husband, Tri Trong Thuy. This move is considered transparent, demonstrating her vision and prudence in preserving her family as well as stabilizing business activities after her death.

Powerful female billionaire:

Tran Le Hoa: 30-year love story with Tang Tang, the will before leaving - Photo 6

Despite holding a huge fortune, Ms. Tran Le Hoa has a very simple and disciplined lifestyle. She maintained a strict family rule, where all members had to gather around a tray of dinner and wait for her to hold her chopsticks before starting to eat. She always taught her children about filial piety and independence instead of relying on their parents' reputation. Her children are all successful businessmen, effectively supporting the management of the family group. The combination of modern business thinking and traditional Manchu values created a unique management style, helping the Phuhua empire to develop sustainably over the decades without encountering property disputes common among noble families.

Contributions to the community:
At the age of 80, Ms. Tran Le Hoa has begun to gradually transfer power to the next generation to focus on volunteer activities and cultural preservation. She has made a great contribution to the embellishment of historical sites and educational support for children in disadvantaged areas. Her will was also a topic of much discussion, as she planned to devote most of her wealth to social activities and a sandalwood museum, with the rest devoted to her husband and children. She wants her name not only to be associated with trillions of numbers, but as a woman who has dedicated herself to national art and culture. Her story will always be an inspiration for women who aspire to assert themselves in the international market.

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