Hong Kong billionaire Li Ka-shing (right) at Shantou University’s 2018 graduation ceremony with his son Richard Li, who is to remain on the council despite apparent discussions to remove him. Photo: Reuters

Son of Hong Kong’s richest man Li Ka-shing will stay on Shantou University council, his foundation says, amid fears billionaire’s family is being frozen out of institution he founded

  • Sources confirm plan existed to oust Richard Li, leading his tycoon father to tell confidantes of his dismay at family being sidelined
  • Li’s foundation now says its four members, including younger Li, will remain on council of mainland Chinese university
Topic |   Education

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Hong Kong billionaire Li Ka-shing (right) at Shantou University’s 2018 graduation ceremony with his son Richard Li, who is to remain on the council despite apparent discussions to remove him. Photo: Reuters
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