Chao isn't exactly an authority on commitment: he once claimed to have slept with 10,000 women.
And while he has three children with three different mothers, he's never been married himself.
Nonetheless, Chao has denied reports of his daughter's wedding five months ago as false, and even disputes the fact that she is a lesbian.
From the Daily Mail (UK):
In addition to the dowry, he has also offered to start his potential son-in-law up in his own business.
He said the prize money was ‘an inducement to attract someone who has the talent, but not the capital, to start his own business’.