The multimillion-dollar property empire behind the Penthouse Syndicate
- Posted on October 29, 2025
- By The Sydney Morning Herald
- 3 Views
The multimillion-dollar property empire behind the Penthouse Syndicate
While their businesses were recording losses in the hundreds of thousands, Bing “Michael” Li and Zhouyao “Yumi” Chen were living a lavish life of sports cars, designer clothes and luxury watches.
