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
李澤鉅
Chair of CK Asset Holdings Chair of CK Hutchison Holdings
Incumbent
Assumed office 10 May 2018
Preceded by	Li Ka-shing
Chair of CK Life Sciences
Incumbent
Assumed office 29 April 2002
Chair of CK Infrastructure Holdings
Incumbent
Assumed office 28 May 1996
Personal details
Born	(1964-08-01) 1 August 1964 (age 60) Deepwater Bay, British Hong Kong[1]
Citizenship	Canada China (Hong Kong)
Spouse	Cynthia Wong
Parent	Li Ka-shing
Relatives	Richard Li (brother)
Education	Stanford University (BS, MS)
Occupation	Businessman

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

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]

Early life and education

Victor was born at his parents' family house in Deepwater Bay, Hong Kong on 1 August 1964,^[1][3] attended the 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]

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.^[5] 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.^[5] This suggestion, when brought to Li, was brushed off.

Business career

Victor Li currently holds the following positions:

• 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]

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]

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,^[11] and is Honorary Consul, for Barbados in Hong Kong.

See also

• List of kidnappings

References

1. "继承者：李泽钜 or 李泽楷？".
2. Frew, Alex (14 October 2012). "Insight: HK's Victor Li, son of "Superman", has hard act to follow". Reuters. Archived from the original on 11 April 2023.
3. "Victor Li". The Canadian Encyclopedia. Archived from the original on 9 February 2023.
4. "CK Life Sciences Intl Holdings Inc (0775.HK)" section Biographies. Reuters. Retrieved 14 June 2017.
5. "Kidnapper of Li Ka-shing's son rang tycoon to ask where he should invest HK$1billion". South China Morning Post. 28 November 2013. Archived from the original on 26 April 2023.
6. "Victor Li: CK Hutchison not withdrawing from China." EJ Insight. Hong Kong Economic Journal. 6 October 2015. Retrieved 14 June 2017.
7. Balfour, Frederik (12 August 2016). "Cheung Kong's Victor Li Says Open to Sale of City Buildings". Bloomberg News. Archived from the original on 26 February 2020.
8. "What is behind the restructuring of CKI and Power Assets?" Ben Kwok. EJ Insight. Hong Kong Economic Journal. 8 September 2015. Retrieved 14 June 2017.
9. "Board of Directors" section Non-executive Director. Power Assets. Retrieved 14 June 2017.
10. Tilak, John (31 March 2017). "Victor Li acquires Canada's Reliance Home Comfort for C$2.8 billion". Reuters. Archived from the original on 19 January 2023.
11. ,Members, Chamber.org.hk. Accessed 29 January 2023.