Multiple outlets report that billionaire John Li no longer owns a high-value Sydney property he has lived in for about five years. The reports say the home, described as one of Sydney’s most expensive, is instead awarded to his estranged wife after legal proceedings. Coverage notes that Li previously referred to the property as his home during that five-year period, but ownership changes following the matter’s resolution.
The articles describe the wider background of the case by pointing to Li’s move from a comparatively lower-cost property—reported as a $1.3 million unit in Zetland—to the much larger, higher-priced mansion now associated with the estranged wife’s win. While the outlets focus on the value of the residence and the change in ownership, they present the core points consistently: Li’s former home is now held by his wife following the dispute’s outcome. The reporting does not indicate additional details in the provided excerpts about the precise court process, timeline beyond the five years of occupation, or the terms of the settlement.