Word: cheung
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...ANTHONY CHEUNG...
ANTHONY S. CHEUNG...
Last weekend found Anthony S. Cheung ’04, this year’s recipient of the Louis Sudler Prize in the Arts, in Minnesota, where the state orchestra performed a piece he has been working on for the past two years. It was the first time he actually heard it played. “It’s the greatest feeling in the world to actually hear your music come to life in such away,” he writes in an e-mail...
...indication that he is contemplating retirement, Asia's richest man (estimated net worth: $12.4 billion) is 75 years old. Which of his two sons--quiet, nose-to-the-grindstone Victor or sociable, creative Richard--will take over the family businesses? The Li holdings are massive and include property giant Cheung Kong Holdings, one of Hong Kong's biggest property developers, and the ports, retailing and telecom conglomerate Hutchison Whampoa. It's a question that Li, as well as investors in his publicly traded companies, which have a combined market value of $74 billion, must inevitably confront in the coming years...
Unlike many Asian tycoons, Li relies on nonfamily professionals to run his empire. That said, analysts don't expect him to choose a successor outside the bloodline. The betting is that Li will pass his scepter to eldest son Victor, 39, a Stanford-trained engineer and deputy chairman of Cheung Kong...