In this Hong Kong name, the surname is Li. In accordance with Hong Kong custom, the Western-style name is Victor Li and the Chinese-style name is Li Tzar-kuoi.
Victor Li was kidnapped in 1996 on his way home after work by notorious gangster "Big Spender" Cheung Tze-keung. Victor's father, Li Ka-shing, paid a ransom of HK$1.038 billion, directly to Cheung who had come to Li Ka-shing's house. Victor Li is said to have been released after one night.[5] A report was never filed with Hong Kong police. Instead the case was pursued by Mainland authorities, leading to Big Spender's execution in 1998, an outcome not possible under Hong Kong law. Rumours circulated of a deal between Li Ka-Shing and the Mainland.[5] This suggestion, when brought to Li, was brushed off.
Business career
Victor Li currently holds the following positions:
Li is a member of the Chief Executive's Council of Advisers on Innovation and Strategic Development of the Hong Kong Special Administrative Region. Li is the Vice Chairman of the Hong Kong General Chamber of Commerce,[11] and is Honorary Consul, for Barbados in Hong Kong.