Cecil Chao Sze-tsung made the announcement this week in the aftermath of reports that his daughter, 33-year-old Gigi Chao (above, right), married Sean Eav (above, left), her girlfriend of seven years, in Paris earlier this year.
He went on to deny reports of his daughter's marriage, calling them "false."
In addition to offering a handsome sum of money, Chao, who is one of Hong Kong's richest and most successful businessmen, offered to help prospective suitors start their own businesses as long as they can provide the talent.
"My father took a hands-off approach in parenting," she told the publication. "I see him as a friend more than a father. My parents never pressure me with high expectations."