Nicholas Tse, who received a barrage of criticisms from the press for reportedly being a negligent father preferring to spend more time with Faye Wong rather than his own children, made it known that his son Lucas, is the sole recipients of his $HKD 400 million real estate fortune.

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He has another son, Quintus, although it was not revealed how much of his extensive fortune will be passed on to him.

Tse is rumored to have a personal fortune of $HKD 1 billion.

The bulk of his income is derived from his entertainment company, Post Production Office Limited.

Last year, the company earned excess of $HKD 100 million.

But the Hong Kong celebrity does not stop there. He is upping his fortune with the purchase of sizable stake of the publicly-listed See Corporation. Tse now owns 23.42 percent of the company's share capital.

The star also heavily invested his earnings in Hong Kong real estate, which is now valued over $100 million, ranging from retail spaces, large apartment complexes, and eateries.

Nicholas' recent culinary travel show, Chef Nic, is a hit among his audience and plans for a sequel is already under way.

Nicholas earns a whopping $HKD 2 million per episode.

The star pocketed at least $HKD 24 million for the entire 12 shows.

Tse's seven-year-old, Lucas, is now popular as the little millionaire.

Rumors circulate that Nicholas will pass on his Central district properties to Lucas.

Tse made it known that he does not want either of his sons to pursue a career in show businesss, so he makes sure that the two will have a comfortable (if not luxurious) future. The actor has already invested $HKD 300 million in Registered Education Savings Plans (RESPs) for his sons' education.

A reliable source can tell that Tse hopes that his two sons will forge a career in the business ector some day.

His aspirations for his sons to become successful businessmen someday are the reason why "Nicholas wants to list his company on the stock market and create a good base for the future. When Lucas and Quintus grow up, they can help him run the company."

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