Chen Zhi Biography: Net Worth, Age, Parents, Arrest, Prince Group, Wife, Children, Height

Biography

Chen Zhi (born 1987 in Fujian province, China), also known as Vincent, is a Chinese-born businessman and the founder and chairman of Prince Holding Group (Prince Group), a major Cambodian conglomerate established in 2015.

The group operates in sectors such as real estate, banking (Prince Bank), airlines (Cambodia Airways), and other services. Chen rose rapidly in the business world, starting with internet cafés and gaming centers in Fuzhou, China.

He later expanded into Cambodia, where he acquired significant influence, including the honorary title “Neak Oknha” and roles as an advisor to Cambodian leadership. He was publicly presented as a respected entrepreneur and philanthropist, notably through initiatives such as the Chen Zhi Scholarship for Cambodian students and reported donations totaling more than $16 million to local communities.

However, Chen has become internationally known for serious criminal allegations. In October 2025, the United States indicted him for wire fraud conspiracy and money laundering, accusing him of leading one of Asia’s largest transnational criminal organizations.

Authorities claim Prince Group served as a front for operating forced-labor scam compounds (often called “pig butchering” scams), involving human trafficking, online fraud, illegal gambling, and cryptocurrency schemes that allegedly defrauded victims worldwide of billions of dollars.

The U.S. and U.K. imposed sanctions, and significant assets—including over $14 billion in cryptocurrency and luxury properties—were seized. In early January 2026, following a joint investigation, Cambodian authorities arrested Chen (along with two others), revoked his Cambodian citizenship, and extradited him to China at Beijing’s request.

Chinese state media described him as the head of a major cross-border fraud and gambling syndicate, and he was shown arriving in Beijing under heavy security. His case highlights ongoing international efforts to combat Southeast Asia’s sprawling cybercrime networks.

Chinese businessman
Chen Zhi
Wiki Facts & About Data
Real Name:	Vincent Zhi
Stage Name:	Chen Zhi
Born:	16 December 1987 (age 38 years old)
Place of Birth:	Xiao’ao, Lianjiang County, Fujian, China
Nationality:	Chinese
Education:	N/A
Height:	N/A
Parents:	Li Wei, Zhang Mei
Siblings:	N/A
Spouse:	Li Xiyun
Girlfriend • Partner:	Not Dating
Children:	2
Occupation:	Businessman • Philanthropist
Net Worth:	$60 billion (USD)

Early Life & Education

Chen Zhi (Chinese: 陈志), also known as Vincent, was born December 16, 1987, in Xiao’ao Town, Lianjiang County, Fujian Province, southeastern China. Raised in a modest Han Chinese household in a small fishing village, he grew up with traditional values and a strong emphasis on hard work.

His parents, Li Wei and Zhang Mei, raised him alongside his older brother, Chen Hao, who would later join him in business ventures abroad. No public details suggest adherence to any specific religion, though the cultural context of Fujian often includes influences from folk traditions, Buddhism, and Taoism common in southern China.

Chen‘s early education was brief; he attended local schools in Lianjiang but dropped out after completing only the second year of junior high, choosing instead to pursue practical opportunities rather than formal studies. Despite his limited schooling, he demonstrated an early entrepreneurial spirit, starting small ventures in internet cafés and gaming centers in nearby Fuzhou during his late teens.

This self-taught path from humble beginnings in provincial China shaped his rapid transition to international business, leading him to relocate to Cambodia around 2010–2011, where he would eventually found Prince Holding Group in 2015 and build his extensive conglomerate.

Career

Chen Zhi, also known as Vincent, was born in 1987 in Fujian Province, China. He started his business career as a teenager in Fuzhou, the provincial capital.

After leaving school in his second year of junior high, he opened small internet cafés and gaming centers, taking advantage of China’s growing internet and online gaming market. These early businesses helped him learn to manage digital entertainment spaces, and he reportedly made his first fortune through ventures such as private servers for popular MMORPGs like The Legend of Mir 2.

Around 2010 or 2011, when he was about 23 or 24, Chen moved to Cambodia. He was drawn to new real estate opportunities driven by Chinese investment, especially in Sihanoukville, a city becoming a center for casinos and development aimed at Chinese customers. This move allowed him to grow quickly as more capital flowed into the area.

In 2015, at age 27 or 28, Chen founded Prince Holding Group, also known as Prince Group, with its headquarters initially in Sihanoukville. As founder and chairman, he led the group to expand into many areas, including real estate (through Prince Real Estate Group, which developed luxury malls, hotels, and large projects like the planned $16 billion “Bay of Lights” eco-city), financial services (such as Prince Bank, which received a commercial banking license in 2018), airlines (Cambodia Airways, launched between 2017 and 2020), tourism, logistics, consumer services, and more.

The company grew to run over 100 businesses in Cambodia and invested in more than 30 countries, making Prince Group one of the country’s largest conglomerates. Chen built strong political ties in Cambodia. He gained citizenship in 2014 through an investor program by donating $250,000, received the honorary title Neak Oknha in 2020 (which required at least $500,000 in contributions), and served as an advisor to top officials, including former deputy prime minister Sar Kheng, Heng Samrin, and Prime Minister Hun Sen, as well as his son Hun Manet.

He also promoted himself as a philanthropist through the Prince Foundation, launching programs such as the Chen Zhi Scholarship for hundreds of Cambodian university students and reportedly donating over $16 million to community projects, including COVID-19 vaccine support. Chen‘s career changed dramatically under international scrutiny.

Chinese authorities began investigating Prince Group‘s activities around 2020. In October 2025, the United States charged Chen with conspiracy to commit wire fraud and money laundering, accusing him and Prince Group of leading one of Asia’s largest transnational criminal organizations.

Prosecutors said the group hid operations involving forced-labor scam compounds (often called “pig butchering” scams), human trafficking, illegal online gambling, cryptocurrency fraud, and money laundering that took billions of dollars from victims worldwide, sometimes making up to $30 million a day.

The U.S. and U.K. imposed sanctions, freezing large assets, including a record seizure of over 127,000 bitcoins (worth more than $14 billion), properties in London, and holdings in Singapore, Hong Kong, and Taiwan.

In early January 2026, after a joint investigation by Cambodia and China into transnational crime, Cambodian authorities arrested Chen and two associates, revoked his Cambodian citizenship, and sent him to China at Beijing’s request. Chinese state media called him the leader of a major cross-border fraud and gambling group, and footage showed him arriving in Beijing under heavy security.

Personal Life

Chen Zhi, born in 1987 in Fujian Province, China, is 38 years old.

He is married to Li Xiyun, a socialite from Nanchong, Sichuan Province, known online as “Eva” and who gained attention for sharing their extravagant lifestyle on social media (accounts later deleted following his legal troubles).

The couple has two children: a son and a daughter. Their daughter has been highlighted in reports for luxuries such as a 24K gold Steinway grand piano valued at approximately US$90,000, as well as high-end designer clothing and accessories. Some earlier reports from late 2025 suggested three children, but more recent accounts specify two.

The family has primarily resided in Singapore, where they maintained a highly opulent lifestyle amid Chen‘s accumulated wealth. This included multiple luxury properties (such as a S$17 million penthouse and other high-end residences), a large aquarium housing sharks (valued at over US$1.3 million), exotic furnishings such as a golden silk nanmu bed worth US$64,000, private jets, yachts, and collections of designer goods.

Chen‘s wife was often pictured with bodyguards and showcased travels and possessions publicly before scrutiny intensified.

Net Worth

Chen Zhi (also known as Vincent) is the founder and chairman of Prince Holding Group. He was estimated to have amassed a significant fortune through his conglomerate’s operations in real estate, banking, airlines, and other sectors. Some analysts described his wealth as tens of billions of dollars at its peak, before international crackdowns in late 2025.

Reports from the period suggest his apparent net worth reached extraordinary levels, with one input placing it at $60 billion, potentially reflecting the scale of alleged illicit proceeds from cryptocurrency fraud, money laundering, and related activities that authorities claim fueled his empire.

This figure aligns with the massive scale of operations described, where the network reportedly generated up to $30 million daily at its height. However, following U.S. and U.K. sanctions in October 2025, authorities seized or froze vast assets linked to Chen and Prince Group, including a record $14–15 billion in bitcoin (approximately 127,271 BTC, the largest cryptocurrency seizure in history), luxury properties in London (valued in the hundreds of millions), high-end assets in Singapore (over $115 million, including a yacht and vehicles), Hong Kong (around $354 million), Taiwan (about $147 million), and other jurisdictions.

These seizures, combined with his January 2026 arrest and extradition to China, have effectively dismantled much of his accessible wealth, leaving his current net worth highly uncertain and largely diminished by ongoing legal actions and asset forfeitures. Prince Group previously denied the allegations, calling them baseless attempts to justify the seizures.

FAQ