Portrait of Richard Li

Rank #686

Richard Li

Net worth $6.1B

Insurance, telecom · Hong Kong

Born
Nov 08, 1966
Age
59
Source
Insurance, telecom
Residence
Hong Kong
Citizenship
Hong Kong
Marital status
Single
Children
3
Education
Drop Out, Stanford University

Net worth over time

Biography

  • Richard Li is a son of Hong Kong's wealthiest billionaire Li Ka-shing. He is the chairman of Asia-based investment company Pacific Century Group, which has interests in finance, technology and property.
  • Li also established a communications and media empire with PCCW, a Hong Kong-based company which controls the city's largest mobile phone operator HKT.
  • Pacific Century owns a majority stake in life insurance company FWD, which operates in ten markets across Asia, including Hong Kong and Singapore. FWD went public in Hong Kong in 2025.
  • Li has been building up his portfolio of tech investments, which include a range of Asia-based companies such as insurtech firm bolttech and fintech group MoneyHero.
  • In 2025, a unit of U.S.-listed insurance and finance company MetLife acquired PineBridge Investments, an asset manager majority-owned by Li, for $1.2 billion enterprise value.
  • Li started Star TV in 1991 with $110 million he received from his father; he sold the company, which had a viewership in the tens of millions, to Rupert Murdoch.
  • During his studies at Stanford, Li worked as a cashier at McDonald's and as a caddy at a golf course. He dropped out of university to start his own business.

Financial assets

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