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Disgraced Three Arrows founder’s wife sells $51 mil GCB

Bloomberg
Bloomberg • 2 min read
Disgraced Three Arrows founder’s wife sells $51 mil GCB
The good class bungalow sits on 1,446 square meters (15,568 square feet) of land at Dalvey Road, near the Singapore Botanic Gardens. Photo: Bloomberg
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The wife of Zhu Su, the co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital, has managed to sell a mansion she owns in Singapore for $51 million, despite a court-imposed freeze against some of the couple’s other assets.

The sale by Tao Yaqiong, also known as Evelyn, was inked in July and completed last month, according to property records seen by Bloomberg News. The so-called good class bungalow sits on 1,446 square meters (15,568 square feet) of land at Dalvey Road, near the Singapore Botanic Gardens. Tao bought the house for $28.5 million in 2020 and has since redeveloped it.

Zhu, along with co-founder Kyle Davies, once built 3AC into one of the world’s largest crypto-native hedge funds. But it imploded in 2022 after a series of bad bets, amid a broader crypto rout and a spate of collapses in the sector.

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