Richard Li Tzar Kai (traditional Chinese: 李澤楷; simplified Chinese: 李泽楷; pinyin: Lǐ Zékǎi) was born on 8 November 1966 in Hong Kong, the younger son of successful entrepreneur Li Ka-Shing and brother of Victor Li. Pinyin, more formally Hanyu pinyin, is the most common Standard Mandarin Romanization system in use Events 1519 - Hernán Cortés enters Tenochtitlán and Aztec ruler Moctezuma welcomes him with great a Celebration Year 1966 ( MCMLXVI) was a Common year starting on Saturday (link will display full calendar of the 1966 Gregorian calendar. Hong Kong ( officially the Hong Kong Special Administrative Region, is a territory located on China 's south coast on the Pearl River Delta, and borders Not to be confused with Martin Lee Ka Shing, the vice-chairman of Henderson Land Development. Victor Li Tzar-kuoi (李澤鉅 Pinyin: Lǐ Zéjù (1964- a Hong Kong -based businessman with Canadian citizenship is the son of tycoon and billionaire He is chairman and executive director of PCCW Limited and Pacific Century Group in Hong Kong. PCCW Limited ( PCCW,) is the largest Telecommunication enterprise in Hong Kong. Pacific Century Group was established in 1996 by Richard Li. PCCW of the group which is taken over from Cable and Wireless in 2001 He is also chairman of Singapore-based Pacific Century Regional Developments Limited and the non-executive director of the Bank of East Asia. Singapore Pacific Century Regional Developments Limited is a Singapore based company owned by Hong Kong's Richard Li, son of Hong Kong billionaire Li Ka Shing. The Bank of East Asia Limited ( ( often abbreviated to BEA, is the largest independent local Bank and the third largest bank in Hong Kong.
Contents |
Career
Rather than enter into his father's business, Richard Li entered into the media business . He cut his deal-making teeth building STAR TV into Asia's first satellite broadcasting service with a loan from his father, Asia's richest man Li Ka-shing. Not to be confused with Martin Lee Ka Shing, the vice-chairman of Henderson Land Development. He then sold it to global media tycoon Rupert Murdoch's News Corp for US$950 million in 1995 and turned his attention to the Internet. is gay Bold text' Keith Rupert Murdoch', AC, KCSG (born Melbourne, March 11 1931 usually known as Rupert Murdoch, is an Australian-American News Corporation (often abbreviated to News Corp) (,,) is one of the world's largest media conglomerate companies by Market capitalisation Year 1995 ( MCMXCV) was a Common year starting on Sunday. Events of 1995 The Internet is a global system of interconnected Computer networks
He sparked a frenzied buying spree for Hong Kong technology stocks in April 1999 when he announced he would turn sleepy telecommunications equipment distributor "Tricom Holdings" into Asia's premier Internet company under the name PCCW. Year 1999 ( MCMXCIX) was a Common year starting on Friday (link will display full 1999 Gregorian calendar) The stock had recorded a 1,286 percent gain in a single day.
He bought Cable & Wireless HKT in 2000. Cable & Wireless ( is a British Telecommunications company In the mid-1980s it became the first company in the UK to offer an alternative Telephone On August 2000, Li was seen as a saviour when his flagship PCCW outbid rival Singapore Telecommunications for HKT in a US$28. 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. Singapore Telecommunications Limited () commonly abbreviated as SingTel, is Asia 's leading Telecommunications company 5 billion deal, Asia's largest corporate takeover, he was dubbed "Superboy" (小小超) by the local media. However, as local euphoria surrounding HKT's takeover waned and global tech and telecom shares tanked, shareholders' praise soon turned to criticism.
Li suffered embarrassment in March 2001 when a newspaper [1] revealed he attended but did not finish his degree at California's Stanford University, contrary to PCCW's claims. March 2001: January - February - March - April - May - June - July - August - September California ( is a US state on the West Coast of the United States, along the Pacific Ocean. Leland Stanford Junior University, commonly known as Stanford University or simply Stanford, is a private Research university located in
He endured another setback on February 2003 when PCCW made an approach to acquire Britain's Cable & Wireless, which was rebuffed. February 2003: January - February - March - April - May - June - July - August - Cable & Wireless ( is a British Telecommunications company In the mid-1980s it became the first company in the UK to offer an alternative Telephone PCCW later denied making a formal offer, which has led to an investigation by the Hong Kong stock exchange. The Hong Kong Stock Exchange ( also 港交所 abbreviated as HKEX;) is the Stock exchange of Hong Kong. The company was later cleared mainly due to insufficiency of evidence.
Li gave up his spot as PCCW's chief executive officer on July 25, 2003 but remains as chairman and executive director. Events 285 - Diocletian appoints Maximian as Caesar, co-ruler Jack So, who left his chairman position at Hong Kong subway operator MTR Corp, took up the job of group managing director of PCCW. MTR Corporation Limited ( abbreviated as 港鐵公司 is a company listed on the Hong Kong Exchange ( and included in the Hang Seng Index.
In August 2006 Li paid HKD$280 million for a 50% stake in Chinese business paper Hong Kong Economic Journal. Other names In Arabic, the month is called أغسطسص ʾUġusṭuṣ or آب ʾĀb; usage varies from place to place and Year 2006 ( MMVI) was a Common year starting on Sunday of the Gregorian calendar. China ( Wade-Giles ( Mandarin) Chung¹kuo² is a cultural region, an ancient Civilization, and depending on perspective a National The Hong Kong Economic Journal (HKEJ Chinese:信報財經新聞 Pinyin: Xìnbào Cáijīng Xīnwén abbrev Li promised no changes to the editorial content nor layoffs in the short term.
Membership
Besides his business duties, Li is a member of various non-governmental organizations:
- Governor of the World Economic Forum for Information Technologies and Telecommunications
- Member of the Center for Strategic and International Studies (CSIS) International Councillors' Group in Washington DC
- Member of the International Advisory Board of the Center for International Development at Harvard University. The World Economic Forum (WEF is a Geneva -based Non-profit foundation best known for its Annual Meeting in Davos, Switzerland The Center for Strategic and International Studies is a Washington D Washington DC ( formally the District of Columbia and commonly referred to as Washington, the District, or simply D
- Member of the Global Information Infrastructure Commission and the United Nations Information and Communication Technology Advisory Group. The United Nations ( UN) is an International organization whose stated aims are to facilitate cooperation in International law, International security
References
External links
Dapyx Software network: MP3 Explorer | Ebook Manager | Zenithic