Vera Wang's Dad Wrote An Epically Nasty CEFAD To His 30-Year Mistress

Were you looking for a story that involved a $120 million estate, marital infidelity, a prominent fashion designer, a lawsuit, international flights to see the dying, and a deathbed breakup contract? If so, you're in luck. The estate of C.C. Wang, Vera Wang's oil-millionaire dad, has prevailed in a lawsuit with Wang père's mistress of 30 years, Betty Phillips. Phillips and Wang met in 1980, and during their relationship they did typical rich-guy/mistress-to-rich-guy things: he flew her around the world, gave her an AmEx, told her he loved her, and hid her from his kids whenever she happened to visit one of his five homes. This was all well and good until Wang's wife (and Vera Wang's mother) died in 2004, when Phillips began hinting that she would now like to legally marry the man she'd spent half her life boning. But Wang wasn't having any of it. And when he suffered a stroke, Phillips rushed out to Southampton to be by his side — only to be served with a sternly worded letter drawn up with the help of Wang's lawyers, setting forth "my understanding of...our long-term friendship." It continued:

[B]y this letter I am making it absolutely clear to you as I did in the past, that I have no intention of marrying you and that under no circumstance whatsoever will we ever be married to each other. [...]

Further, I have already adequately provided for you financially and there will be no further financial transfers from me to you. Please confirm that you waive any claim of any kind or nature against me, my family or my estate. [...]

Please do not take the formality of this letter as an affront to you but only as a way of preserving the memories we have of our friendship over the years.

Ice. Cold. The letter closed with a friendly, "I would appreciate your signing the copy of this letter indicating your agreement to the foregoing."

Well, C.C. Wang died in 2006. And Betty Phillips sued for a $10 million portion of the estate anyway. But the fact that she signed the letter — she claimed she'd done so under emotional duress, what with her partner lying in his deathbed and all — was enough to convince the judge that her suit had no merit. The estate will now pass to those named in C.C. Wang's will. And not Betty Phillips. [NYDN]


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    Macy's has even bolder long-term technology plans. [Chief stores officer Peter] Sachse disclosed it has more than 100 million records stored via cloud computing that, down the road with customers who permit Macy's to use their cell phone numbers, will make it possible for the retailer to "literally communicate with them at the point of purchase."

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