Richard Li is a Hong Kong-born Canadian entrepreneur and billionaire. He serves as the Chairman of PCCW and also as the Chairman of the same company’s executive committee. He also serves as the Chairman and Chief Executive Officer of the Pacific Century Group. Li is also the Chairman of Pacific Century Premium Developments Limited as well as the Chairman of Pacific Century Regional Developments Limited.
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Li obtained his Canadian citizenship in the 1980s, and the citizenship has proven to be extremely valuable to him in his financial endeavors. This is because it allows him to make bids for PCCW to purchase stakes in various companies such as Bell Canada Enterprises and Air Canada without having to face restrictions on foreign ownership. He is also the owner of AIG Investments, which was later renamed to PineBridge Investments.
Besides being known for his business endeavors, Li is also known for his philanthropic activities. He has donated million of dollars in support of different worthy causes. Li has three children with his former girlfriend, Isabella Leong. Their first son was born on April 2009, while their twin sons were born on June 2010 in San Francisco. Li and Isabella’s relationship ended on March 2011.