Sacha Baron Cohen Developing 'The Lesbian' at Paramount

2:40 PM PDT 10/4/2012 by Borys Kit

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Astrid Stawiarz/Getty Images

The "Dictator" star is partnering with the studio once more for the comedy.

Paramount is reteaming with The Dictator star Sacha Baron Cohen on The Lesbian, based on the story of the Hong Kong billionaire who offered $65 million to any man who could marry his homosexual daughter.

Cohen and his Four By Two Films banner are producing what could serve as a starring vehicle for the actor. No writer is on board at this stage.

Last week, Hong Kong real estate tycoon Cecil Chao made international news when he offered $65 million to any man that could pry his daughter from her female lover and marry her.

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The 76-year old Chao has never married and is known for his penchant to date much younger women.

Cohen teamed up with Paramount this summer on The Dictator, which grossed $175 million worldwide.