Richard Li
Overview
- Source of Wealth
- Insurance, telecom
- Industry
- Finance & Investments
- Residence
- Hong Kong
- Education
- Stanford University (Drop Out)
- Marital Status
- Single
- Children
- 3
Assets
- FWD Group844,566,000 shares @ --1828-HK
- HKT Trust and HKT Ltd.198,168,000 shares @ --6823-HK
- Pacific Century Premium Developments325,361,000 shares @ --432-HK
- Pacific Century Regional Development2,375,209,000 shares @ --P15-SG
- PCCW Ltd.710,603,000 shares @ --8-HK
Biography
Richard Li is a son of Hong Kong's wealthiest billionaire Li Ka-shing. He is the chairman of Asia-based investment company Pacific Century Group, which has interests in finance, technology and property.
Li also established a communications and media empire with PCCW, a Hong Kong-based company which controls the city's largest mobile phone operator HKT.
Pacific Century owns a majority stake in life insurance company FWD, which operates in ten markets across Asia, including Hong Kong and Singapore. FWD went public in Hong Kong in 2025.
Li has been building up his portfolio of tech investments, which include a range of Asia-based companies such as insurtech firm bolttech and fintech group MoneyHero.
In 2025, a unit of U.S.-listed insurance and finance company MetLife acquired PineBridge Investments, an asset manager majority-owned by Li, for $1.2 billion enterprise value.
About
Li started Star TV in 1991 with $110 million he received from his father; he sold the company, which had a viewership in the tens of millions, to Rupert Murdoch.
During his studies at Stanford, Li worked as a cashier at McDonald's and as a caddy at a golf course. He dropped out of university to start his own business.