Richard Li Tzar-kai is a Hong Kong businessman and philanthropist. The founder and chairman of the private investment group Pacific Century Group (PCG),
Li started his career in the 1990s with the founding of STAR TV, a pan-Asian television network. After founding PCG in 1993, he went on to establish PCCW and HKT Trust.
In 2010, PCG acquired the asset management business of AIG Investments and renamed it to PineBridge Investments. In 2013, PCG founded FWD Group. Richard Li currently serves as chairman of PCG, PCCW Ltd. and HKT Limited. He is also on the boards of companies including Pinebridge Investments. Forbes listed his net worth in 2020 at 4.5billion,rankinghim20thonitslistoftherichestbusinesspeopleinHongKong.Bornin1966inHongKong,RichardLiTzar−kaiisthesonofbusinessmanLiKa−shing.LiandhisolderbrotherVictorspenttheirchildhoodsinHongKong,whereLiattendedSt.Paul′sCo−educationalCollege.HeleftHongKongatagethirteentobeeducatedatMenloSchoolinAtherton,California.Inhighschool,heworkedatMcDonald′sandasacaddyatthelocalgolfcourse.HestudiedcomputerengineeringatStanfordUniversityuntil1987.Citingpersonalreasons,hewithdrewfromuniversityafterthreeyears.Forthefirstthreeyearsofhiscareer,LimanagedfundsataninvestmentbankinToronto,Canada,acquiringCanadiancitizenshipinthe1980s.In1990hebeganworkinginthefund−managementdepartmentatHutchisonWhampoainHongKong.AtHutchisonWhampoa,hewasanexecutivedirectorfrom1992until1993anddeputychairmanfrom1993until2000.In1990,Libeganbuildinghisowncompany,STARTV,apan−Asiansatellite−televisionnetworkthatstreamedAmericantelevision.AccordingtoWiredmagazine,theservice"triggeredavastculturalshift,injectingamassivedoseofWesternpopularentertainmentinto...morethan50countries[by2005]."STARTVprovedlucrative,andin1993and1995LisoldthenetworktoRupertMurdochforatotalofUSD950.5 million.
This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.