Victor Li Tzar-kuoi explained

Victor Li
Native Name Lang:zh-Hant-HK
Birth Date:1 August 1964
Birth Place:Deepwater Bay,
British Hong Kong[1]
Citizenship: (Hong Kong)
Occupation:Businessman
Parents:Li Ka-shing
Relatives:Richard Li (brother)
Office:Chair of CK Asset Holdings
Chair of CK Hutchison Holdings
Term Start:10 May 2018
Predecessor:Li Ka-shing
Office1:Chair of CK Life Sciences
Term Start1:29 April 2002
Office2:Chair of CK Infrastructure Holdings
Term Start2:28 May 1996
Spouse:Cynthia Wong
Education:Stanford University (BS, MS)
Li Tzar-kuoi
T:李澤鉅
S:李泽钜
P:Lǐ Zéjù
J:Lei5 Zaak6 Geoi6

Victor Li Tzar-kuoi (born 1 August 1964) is a Hong Kong businessman, the chair of the board and group co-managing director of CK Hutchison Holdings Limited and the chairman of the board and managing director of CK Asset Holdings Limited and the Chairman of CK Infrastructure Holdings Limited. He is the elder son of tycoon Li Ka-shing and the brother of Richard Li.[2]

Early life and education

Victor was born at his parents' family house in Deepwater Bay, Hong Kong on 1 August 1964,[3] [4] attended the St. Paul's Co-educational College in Hong Kong, and holds a B.S. degree in Civil Engineering and a M.S. degree in Civil Engineering from Stanford University.

Kidnapping

Victor Li was kidnapped in 1996 on his way home after work by notorious gangster "Big Spender" Cheung Tze-keung. Victor's father, Li Ka-shing, paid a ransom of HK$1.038 billion, directly to Cheung who had come to Li Ka-shing's house. Victor Li is said to have been released after one night.[5] A report was never filed with Hong Kong police. Instead the case was pursued by Mainland authorities, leading to Big Spender's execution in 1998, an outcome not possible under Hong Kong law. Rumours circulated of a deal between Li Ka-Shing and the Mainland.[5] This suggestion, when brought to Li, was brushed off.

Business career

Victor Li currently holds the following positions:

Other positions

Victor Li serves as a member of the Standing Committee of the 13th National Committee of the Chinese People's Political Consultative Conference.[9]

Li is a member of the Chief Executive's Council of Advisers on Innovation and Strategic Development of the Hong Kong Special Administrative Region. Li is the Vice Chairman of the Hong Kong General Chamber of Commerce,[12] and is Honorary Consul, for Barbados in Hong Kong.

See also

Notes and References

  1. Web site: 继承者:李泽钜 or 李泽楷?.
  2. Web site: Insight: HK's Victor Li, son of "Superman", has hard act to follow . . 2012-10-14 . https://web.archive.org/web/20230411023016/https://www.reuters.com/article/us-hongkong-victorli-idUSBRE89D0GW20121014 . 2023-04-11 . live . Frew . Alex.
  3. Web site: 继承者:李泽钜 or 李泽楷?.
  4. Web site: Victor Li . . https://web.archive.org/web/20230209130145/https://www.thecanadianencyclopedia.ca/en/article/victor-li . 2023-02-09 . live.
  5. Web site: Kidnapper of Li Ka-shing's son rang tycoon to ask where he should invest HK$1billion . . 2013-11-28 . https://web.archive.org/web/20230426090653/https://www.scmp.com/news/hong-kong/article/1368203/kidnapper-asked-me-financial-advice-says-tycoon-li-ka-shing . 2023-04-26 . live.
  6. http://www.ejinsight.com/20151006-victor-li-ck-hutchison-not-withdrawing-from-china/ "Victor Li: CK Hutchison not withdrawing from China."
  7. Web site: Cheung Kong's Victor Li Says Open to Sale of City Buildings . . 2016-08-12 . https://web.archive.org/web/20200226225150/https://www.bloomberg.com/news/articles/2016-08-12/cheung-kong-s-victor-li-says-open-to-selling-hong-kong-buildings . 2020-02-26 . live . Balfour . Frederik.
  8. http://www.ejinsight.com/20150908-what-is-behind-restructuring-of-cki-and-power-assets/ "What is behind the restructuring of CKI and Power Assets?"
  9. https://www.reuters.com/finance/stocks/companyOfficers?symbol=0775.HK "CK Life Sciences Intl Holdings Inc (0775.HK)"
  10. https://www.powerassets.com/en/about-us/board-of-directors "Board of Directors"
  11. Web site: Victor Li acquires Canada's Reliance Home Comfort for C$2.8 billion . . 2017-03-31 . https://web.archive.org/web/20230119060600/https://www.reuters.com/article/us-reliancehome-m-a-li-idUSKBN17226V . 2023-01-19 . live . Tilak . John.
  12. ,Members, Chamber.org.hk. Accessed 29 January 2023.