Richard Li Net Worth is
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Richard Li Tzar Kai is a Hong Kong businessman and philanthropist. He is the younger son of businessman Li Ka-Shing and brother of Victor Li.
Li was 26th in the Forbes List of Hong Konga??s 40 Richest people for 2010. The same publication named Li as 773rd in the list of the worlda??s billionaires, with an estimated fortune of $1.3 billion.

Li attended St. Paul's Co-educational College in Hong Kong and left at age thirteen to be educated at Menlo School in Atherton, California. To earn money, he took shifts at McDonalds and also worked as a caddy at the local golf course. He attended Stanford University, studying computer engineering, but did not receive a degree; he states that he withdrew from the school for personal reasons after three years.
Li acquired Canadian citizenship in the 1980s. His Canadian citizenship has proven valuable to him in his financial dealings, allowing him to make bids for PCCW to purchase stakes in companies such as Air Canada and Bell Canada Enterprises without running afoul of restrictions on foreign ownership.
Li is chairman of PCCW and chairman of PCCW's executive committee. He is also chairman and chief executive of the Pacific Century Group, chairman of Pacific Century Premium Developments Limited (PCPD), chairman of PCPD's executive committee and chairman of Singapore-based Pacific Century Regional Developments Limited.
In June 2011, Hong Kong's stock exchange approved the carve-out of the telecommunications and mobile assets by PCCW, which also has broadband television, consulting and property businesses. The exchange initially rejected the proposal in April due to regulatory concerns. In September 2011 the final hurdles were cleared by Hong Konga??s stock exchange for PCCW to list its telecommunications assets as the citya??s first publicly traded business trust. On 12 October 2011 PCCW shareholders approved the plan to spin off its telecommunications unit. The listing could raise more than $1 billion.

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Richard Li Latest News

Inheriting Li Ka-shing's empire: The two men to watch

Indeed, even though the news of Victor Li succeeding his father -- rather than Li Ka-shing's second son, the entrepreneur Richard Li Tzar-kai, 51 -- came by way of an official announcement in 2012, the elder Li had infused his skills to his son over a much ...
Posted: May 17, 2018, 11:00 pm

LI union business manager sentenced to 5 years in prison

“Unions exist to protect workers, not to serve as vehicles for extortion,” said Brooklyn U.S. Attorney Richard Donoghue. “This sentence ends Bedwell’s career of extorting business owners and sends a clear message that others who attempt to do so ...
Posted: May 18, 2018, 2:59 pm

Richard Sherman: Jed York abstaining from anthem vote ‘carries a lot of weight’

That has not gone unnoticed by one of his players, cornerback Richard Sherman. 49ers CEO @JedYork was the only person to not vote for the new anthem policy. He abstained. What kind of weight will that carry with his players. I asked @RSherman_25 ...
Posted: May 23, 2018, 2:49 pm
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