Li
Ka-shing’s Son: A Successful Businessman with a Passion for Philanthropy Richard Li Tzar-kai, the son of Hong Kong’s business magnate and one of Asia’s richest men, Li Ka-shing, is a successful businessman and entrepreneur in his own right. Born in 1966, Richard Li has followed in his father’s footsteps in business, but has also established himself as a leader in the technology and telecommunications industries, as well as a dedicated philanthropist. After attending Stanford University, Richard Li returned to Hong Kong to help his father run the family’s business empire, which includes companies in real estate, ports, retail, and telecommunications. In 1993, he founded Pacific Century Group, a technology investment and venture capital company, which later spawned PCCW, a telecommunications company that operates throughout Asia. Richard Li’s interest in technology and innovation has led him to become a leader in the field of financial technology (fintech). He has invested in numerous fintech start-ups, and in 2014, he founded a digital insurance platform called FWD Group. The company has quickly become one of the fastest-growing insurers in Asia, and has expanded into numerous markets throughout the region. But Richard Li’s success in business is only part of his story. He has also demonstrated a deep commitment to philanthropy and social causes. In 2012, he donated more than $1 million to the University of California, Berkeley, to establish the Richard C. Blum Center for Developing Economies, which aims to reduce global poverty through education and research. He has also donated millions to various Hong Kong charities and non-profits, and he serves as chairman of the Li Ka Shing Foundation, which supports healthcare, education, and culture initiatives throughout Asia. Through his business ventures and philanthropic activities, Richard Li has built an impressive legacy that extends far beyond his family’s vast wealth and influence. He is known not only as a successful businessman, but as a leader who is committed to making a positive impact on the world.