EPISODE · Aug 5, 2026 · 39 MIN
The Public Mistress: Li Wei’s Web of Power and Desire
from Matter of Fact: A play on "matter" (physics) and "facts" (news). · host Larry White
Li Wei, a Vietnamese refugee who rose to become a billionaire tycoon, exploited her romantic relationships with over a dozen high-ranking Chinese officials to infiltrate lucrative industries such as tobacco, petroleum, and real estate. Serving as a sophisticated "public mistress," she functioned as a vital conduit for power-for-money transactions and money laundering among the political elite, documenting these illicit dealings in a detailed secret diary. While her activities eventually triggered the downfall of numerous powerful figures, including a former Minister of Finance and several governors, Li Wei received a relatively lenient five-year sentence and eventually fled abroad with much of her multi-billion-dollar fortune intact.
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The Public Mistress: Li Wei’s Web of Power and Desire
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