Victor Li Tzar-kuoi

In this Hong Kong name, the surname is Li. In accordance with Hong Kong custom, the Western-style name is Victor Li and the Chinese-style name is Li Tzar-kuoi.

For the engineer at the University of Michigan, see Victor Li (engineer).

Victor Li Tzar-kuoi (born 1 August 1964) is a Hong Kong businessman, the chair of the board and group co-managing director of CK Hutchison Holdings Limited and the chairman of the board and managing director of CK Asset Holdings Limited and the Chairman of CK Infrastructure Holdings Limited. He is the elder son of tycoon Li Ka-shing and the brother of Richard Li.^[2]

Victor Li
李澤鉅
Born	(1964-08-01) 1 August 1964 (age 60) Deep Water Bay, British Hong Kong[1]
Citizenship	Canada China (Hong Kong)
Education	Stanford University (BS, MS)
Occupation	Businessman
Organization	Chinese People's Political Consultative Conference
Office	Chair of CK Asset Holdings Chair of CK Hutchison Holdings
Predecessor	Li Ka-shing
Spouse	Cynthia Wong
Parent	Li Ka-shing
Relatives	Richard Li (brother)

Li Tzar-kuoi
Traditional Chinese	李澤鉅
Simplified Chinese	李泽钜
Transcriptions Standard Mandarin Hanyu Pinyin Lǐ Zéjù Yue: Cantonese Jyutping Lei5 Zaak6 Geoi6

Early life and education

Victor was born to Li Ka-shing, a Hong Kong billionaire businessman, at his parents' family house in 79 Deep Water Bay Road, Deep Water Bay, Hong Kong on 1 August 1964,^[1][3] He has a younger brother, Richard Li. He attended St. Paul's Co-educational College in Hong Kong, and holds a B.S. degree in Civil Engineering and a M.S. degree in Civil Engineering from Stanford University.^[4]

Career

On 16 March 2018 his father announced retirement and pass control of his US$100 billion empire to his son.^[5]

Victor Li has been holding the following positions:^[when?]

• Chairman and Group Co-managing director of CK Hutchison Holdings Limited^[6]
• Chairman and managing director of CK Asset Holdings Limited^[7]
• Chairman of CK Infrastructure Holdings Limited^[8]
• Chairman of CK Life Sciences Int'l., (Holdings) Inc.^[4]
• Non-executive Director of Power Assets Holdings Limited^[9]
• Deputy Chairman of HK Electric Investments Limited
• Deputy Chairman of Li Ka Shing Foundation Limited, Li Ka Shing (Overseas) Foundation and Li Ka Shing (Canada) Foundation
• Co-Chairman of Husky Energy Inc.^[10]
• Director of the Hongkong and Shanghai Banking Corporation^[4]

Personal life and kidnapping

Victor Li was kidnapped in 1996 on his way home after work by notorious gangster "Big Spender" Cheung Tze-keung. Victor's father, Li Ka-shing, paid a ransom of HK$1.038 billion, directly to Cheung who had come to Li Ka-shing's house. Victor Li is said to have been released after one night.^[11] A report was never filed with Hong Kong police. Instead the case was pursued by Mainland authorities, leading to Big Spender's execution in 1998, an outcome not possible under Hong Kong law. Rumours circulated of a deal between Li Ka-Shing and the Mainland.^[11] This suggestion, when brought to Li, was brushed off.^{[citation needed]}

Other positions

Victor Li serves as a member of the Standing Committee of the 13th National Committee of the Chinese People's Political Consultative Conference.^[4][12]

Li is a member of the Chief Executive's Council of Advisers on Innovation and Strategic Development of the Hong Kong Special Administrative Region. Li is the Vice Chairman of the Hong Kong General Chamber of Commerce,^[13] and is Honorary Consul, for Barbados in Hong Kong.

See also

• Li Ka-Shing
• List of kidnappings