Richard Li

Richard Li Tzar-kai, born on November 8, 1966, is a prominent Hong Kong entrepreneur and philanthropist known for his significant contributions to the business landscape of Asia. He is the founder and chairman of the Pacific Century Group (PCG), a private investment firm that has played a pivotal role in various sectors.

Li's entrepreneurial journey began in the 1990s with the establishment of STAR TV, a groundbreaking pan-Asian television network that set the stage for his future ventures. In 1993, he founded PCG, which has since expanded its portfolio to include notable companies such as PCCW and HKT Trust.

Under Li's leadership, PCG made a strategic acquisition in 2010, taking over the asset management business of AIG Investments and rebranding it as PineBridge Investments. In 2013, he further diversified his business interests by founding FWD Group, a major player in the insurance sector.

Currently, Richard Li holds the position of chairman at PCG, PCCW Ltd., and HKT Limited, while also serving on the boards of various companies, including PineBridge Investments. His financial acumen has earned him recognition, with Forbes estimating his net worth at four point five billion dollars in 2020, ranking him as the twentieth richest businessperson in Hong Kong.