Chinese businessman gives $150 Million dowry ahead of Daughter's Lavish Wedding

A wealthy Chinese tile magnate gave his daughter a gigantic $150million dowry that included four boxes of gold jewellery, shares and several homes for her lavish wedding.

 The extravagant gift included four boxes of gold jewellery, a bankbook with deposits worth £2m (20m yuan) and an impressive property portfolio.

 Pictures of the generous dowry were posted online on Sunday, at the end of the 'eight-day banquet', which took place in Cizao town, Jinjiang county, in eastern China's Fujian province.

 Wu Duanbiao, chairman of ceramics firm Fujian Wanli Group, gave his daughter's new husband real estate including a retail store in Quanzhou, the Olympic villas and the Wanda mansion.

 He also bequeathed the newlyweds 500m shares in his ceramics firm worth more than $16 million (100m yuan). Wu also gave donations worth $2 million (15m yuan) to two charities. The bridegroom, a civil servant whose surname is Xu, had known his new wife since they were classmates in kindergarten.

 Lavish weddings and expensive dowries have long been a custom in China's Fujian province where it is thought the gifts will ensure the bride is treated well by her husband and in-laws.

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