The lawsuit was filed by Jingyao Liu, 25, against Richard Liu, 48, founder and chair of JD.com, a large e-commerce retailer in China. Given that Richard Liu's wealth is estimated by Forbes magazine to be $11 billion, the amount of the settlement is likely to be large. Both she and Richard Liu, who are not related, were listed among the witnesses who could testify in court. Along with other volunteers — mostly women — Jingyao Liu's job was to assist the executives as needed, including accompanying them on morning runs. Xiaowen Liang, a New York public interest attorney and friend of Jingyao Liu, said the settlement showed that Richard Liu wasn't confident of success in court.
Source: Forbes October 02, 2022 21:02 UTC