Published: June 09, 2010
Richard Li's Accomplishments

Richard Li is the son of one of the richest men in Asia. Forbes magazine reported him as worth around $1 million, which ranks him among the richest men in the world.
With a loan from his father, he built STAR TV into Asia's first satellite broadcasting service which he then sold to Rupert Murdoch's News Corp in 1995. After trying his luck in broadcast, Li moved to the Internet where he was responsible for turning telecommunications equipment distributor "Tricom Holdings" into Asia's main Internet company and renamed it PCCW.
In 2000, he bought another telecommunication company named Cable & Wireless HKT. This deal was Asia's largest corporate takeover. In July of 2003, Li gave up his spot as PCCW's chief officer and bumped down to chairman and executive director.
Li acts as the Governor of the World Economic Forum for Information Technologies and Telecommunications. He also is an active member of the Center for Strategic and International Studies (CSIS), the International Advisory Board of the Center for International Development, the Global Information Infrastructure Commission and the United Nations Information and Communication Technology Advisory Group.
Richard Li also dabbles in philanthropy. In 2003, PCCW helped SARS-devastated Asia by supplying call center support and a story time program for children kept at home to prevent infection. PCCW also donated $1 million to the Business Community Relief Fund for victims of SARS. In 2007, PCCW participated in the District Elderly Campaign by delivering gift packages to people living in elderly-living homes.
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