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Victor Li

November 21, 2018

Victor Li transforming father’s old empire through new tech, Michael Bloomberg donates $1.8 billion to John Hopkins University, and profits rise to $1.4 billion at top Scottish family firms.

Victor Li transforming his father’s empire through new tech

Victor Li, son of Hong Kong’s richest family and current chairman of CK Hutchinson Holdings, has forged partnerships with a slew of mainland Chinese technology companies after taking over from his father earlier this year.

Li (pictured) succeeded his 90-year-old father Li Ka-Shing as head of first-generation family business CK Group in May.

March 22, 2018

Hong Kong’s highest profile family business patriarch, Li Ka-Shing, is to retire in May, passing several chairman roles to his 53 year-old son, Victor.

Hong Kong’s highest profile family business patriarch is to retire in May, passing several chairman roles to his 53 year-old son, Victor.

A high school dropout dubbed ‘Superman’ for his deal-making abilities, 89-year-old Li Ka-Shing is to step down as the chairman of CK Hutchison Holdings (CKHH) and CK Asset Holdings (CKAH), which he built from a small manufacturer making plastic flowers to a sprawling $100 billion telecoms to property empire.

August 7, 2012

It can be hard for founders to let go of their businesses. But if the family firm is going to survive they’ve got to know when the buzz is gone. 

The names trip easily off the tongue: Rothschild, Rockefeller, Sainsbury—the world is awash with great business dynasties. And, with one-third of Fortune 500 companies remaining in family hands, what are the best ways of securing the family fortunes through the generations? How can families pursue successful succession strategies?

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