Chinese male star Chen Xiao and Michelle Chen married in 2016 and have been rumored to be on the verge of breaking up in recent years, but both parties have remained tight-lipped. On the 18th, they finally announced their divorce simultaneously: "Thankful for the meeting, may we each be well in the future, and jointly accompany our child's growth as parents." As soon as the divorce news broke, various rumors exploded, with asset distribution especially becoming the focus.
According to industry insiders, Chen Xiao's salary was already as high as 30 million yuan (approximately 18.3 million Malaysian ringgit) when he starred in "Nothing gold can stay" in 2017, averaging 400,000 yuan (approximately 244,000 Malaysian ringgit) per episode. After that, Chen Xiao's acting contracts have been continuous, with the total number of episodes he has appeared in reaching up to 693. The salary income from television dramas alone is as high as 277 million yuan (about 170 million Malaysian ringgit), and this does not include other income such as endorsements, music, and variety shows, but he still has to pay for the studio and staff salaries.
It is conservatively estimated that Chen Xiao's personal savings are at least 200 million yuan (approximately 120 million Malaysian ringgit). After the divorce, if Chen Xiao pays Michelle Chen a certain amount of alimony, she will get at least 100 million yuan (approximately 60 million Malaysian ringgit), or he may give her more, after all, she is still the child's mother.
Low-key closure of 2 companies
In fact, Chen Xiao has been active in private in recent years, having opened three studios during his peak career period, now quietly closing two of them, leaving only the "Wuxi Xiaoxing Film Studio." The "Xinyi Xiaoyuer Film Culture Studio," which was closed in 2022, was once listed as an abnormal business.
The only current company owned by Chen Xiao is "Wuxi Xiaoxing Film Studio," established in May 2018 with a capital of 500,000 yuan (approximately 300,000 Malaysian ringgit). The investor is Chen Xiao himself. Its business scope includes film production, distribution, and screening, broadcasting TV program production, film script creation, rental of film and television costumes and equipment, and organizing cultural and artistic exchange activities. The company is also a sole proprietorship with no commercial ties to Michelle Chen.
Recalling the relationship between Chen Xiao and Michelle Chen, in 2013, Michelle Chen was cast as "Little Dragon Girl" in the adaptation of "The Return of the Condor Heroes," where the younger Chen Xiao played "Yang Guo." At that time, Michelle Chen was teased for her appearance, nicknamed "Little Dumpling," and Chen Xiao stood up for her many times. Chen Xiao went public with their relationship in 2015, proposed successfully in Paris in October of the same year, and in July 2016, Chen Yanxi and Chen Xiao registered their marriage in Hefei, held a wedding in Beijing, and held a wedding banquet in Taipei. Their son "Little Star" was born in December of the same year.
Quietly edited Facebook statement
Michelle Chen and Chen Xiao jointly issued a divorce statement on the 18th, posting the announcement on Facebook in addition to Weibo. But initially using simplified Chinese characters sparked discussion; Michelle Chen quietly modified the content 8 hours later, converting the simplified Chinese to traditional and deleting some redundant spaces.
News Source: United Daily News + China Times News Network