In February 1988, Michelle got married to Dickson Poon. Dickson Poon is an actor and producer. Her ex-husband is also known for being a Hong Kong entrepreneur and the owner of Harvey Nichols and Charles Jourdan. They got divorced in 1992.
In 2004, Michelle was spotted with Jean Todt. Jean Todt is a motor sport executive from France. He is one of a leading figure in motor racing. In 2008, in The Late Late Show she revealed that she is engaged to him but they have never been married. Her nationality is Chinese and Malaysian. She has Chinese ethnicity.
As Michelle was interested in dancing at a young age, she began studying ballet at the age of four. During her mid teens, she moved to United Kingdom where she attended a boarding school. She also studied dance at the Royal Academy of Dance. Her childhood dream was being a professional ballet dancer but after she sustained a spinal injury she quit this dream and then she became active in choreography and other arts. In 1983, she took part in Miss Malaysia beauty pageant as one of its contestant. At the end of this competition, she was crowned with this title. That year she also competed at the Queen of the Pacific 1983 beauty pageant representing Malaysia. She was also crowned with this title that year. In the mid 1980s, she appeared in several TV ads and commercials with Jackie Chan. This made her popular all over Hong Kong and she began receiving several acting offers. In 1984, she portrayed the role of Miss Yeung in the Hong Kong action comedy film The Owl vs. Bombo. The following year she starred the role of Judo instructor in a Hong Kong martial arts action comedy film Twinkle, Twinkle Lucky Stars. That year she also portrayed the role of Inspector Ng in an action movie Yes, Madam. This earned her first nomination in -Hong Kong Film Award in 1985. She got her rise in fame after she played the role of Wai Lin in the movie Tomorrow Never Dies. She is also critically acclaimed for starring the role of Yu Shu Lien in a Taiwanese-Chinese-Hong Kong-American martial arts film Crouching Tiger, Hidden Dragon. She is also famous for her role in the movies like The Soong Sisters, Reign of Assassins, Kung Fu Panda 2 and so on. She is one of the highest paid Asian actresses in the world and her net worth is $245 million.