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Who Is Stephen Hung? His Business Career and Bling Empire Appearance

Stephen Hung is a Hong Kong businessman associated with investment banking and luxury hospitality. He and wife Deborah were reported as participants in Bling Empire: New York after earlier rumor coverage.
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Stephen Hung is a Hong Kong businessman whose public profile spans investment banking, private investment and luxury hospitality. He was reported as a participant, alongside his wife Deborah, in Netflix’s Bling Empire: New York, which premiered in 2023. A 2022 story had described their possible involvement as a rumor; later coverage identified them as cast members.

Who is Stephen Hung?

Tatler Asia identifies Hung as chairman of SH Capital Group, a former head of Asia investment banking at Merrill Lynch and the founder of The 13. Those descriptions offer a snapshot of his career, rather than an independently audited account of his current corporate roles. Tatler Asia’s profile is the source for those biographical details.

Hung’s public image is closely associated with high-end hospitality and conspicuous luxury. The best-known example is The 13, an ambitious Macau hotel project that drew attention for its scale and its planned fleet of Rolls-Royce cars.

What was The 13?

In a 2016 interview, Khaleej Times described The 13 as a $1.4 billion project and reported plans for 30 Rolls-Royce Phantoms to serve guests. These figures describe period reporting and plans, not an audited final cost or proof that all 30 cars were delivered.

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Asked about the hotel’s business planning, Hung said, “The first thing you always must do is make the numbers work.” In the same interview, he described the cars as functional: “We needed 30 vehicles to serve our guests and in keeping with the hotel’s tone we settled on Rolls-Royce.” Both quotations are attributed to Hung by Khaleej Times in 2016.

The sources cited here do not establish The 13’s final opening status or the completion of its plans. The project is best understood as a high-profile hospitality venture, not as evidence of Hung’s verified personal wealth.

Did Stephen Hung appear on a reality show?

Yes. Stephen and Deborah Hung were reported as participants in Bling Empire: New York. A profile published in March 2023 reported that the Netflix series premiered on January 20, 2023. My Imperfect Life’s profile covers the couple’s involvement and the show’s premiere.

The apparent contradiction comes from the timing of earlier coverage. In March 2022, the South China Morning Post described the couple’s possible involvement in a succeeding season of Bling Empire as a rumor. Later reporting identified them as participants in the New York series. The rumor was an earlier, speculative account—not the final answer about whether they appeared.

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The cited 2023 profile reported the series streaming on Netflix at that time. That does not establish current availability in every country, so check Netflix’s local catalog for present access.

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What is known about his family and net worth?

Tatler Asia says Hung has two sons from a previous marriage. My Imperfect Life reports that he and Deborah married in 2012. These are biographical details; the available reporting does not provide a basis for broader claims about their private lives.

There is no verified net-worth figure established by the cited sources. My Imperfect Life attributes an alleged $400 million estimate to Celebrity Net Worth, but that is a secondary report of an estimate, not audited financial disclosure. The reported cost of The 13 is a project figure, not a measure of Hung’s personal fortune.

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