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On 23 May 1996, he kidnapped Victor Li Tzar-kuoi, son of Li Ka-Shing, and on 29 September 1997, he kidnapped Walter Kwok, chairman of Sun Hung Kai Properties. He reportedly reaped HK$1.038 billion in ransom money from Li Ka-shing, and HK$600 million for Walter Kwok.
- Gangster
- Zoeng1 Zi2-koeng4
- Big Spender (大富豪)
- 7 April 1955, Yulin, Guangxi, China
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]
- Businessman
- Li Ka-shing
- Cynthia Wong
Nov 29, 2013 · Tycoon Li Ka-shing has revealed for the first time details of the kidnapping of his eldest son, Victor Li Tzar-kuoi, by crime king "Big Spender" Cheung Tze-keung 17 years ago. Confirming...
- Mimi Lau
May 2, 2015 · It was Hong Kong's first publicly reported kidnapping since the mid-1990s abductions of Mr Victor Li, son of billionaire Li Ka Shing, and property tycoon Walter Kwok, both masterminded...
In 1996, a Hong Kong gangster kidnapped the son of billionaire business magnate, Sir Ka-shing Li, and went to the tycoon's house to personally collect a ransom of HK$1 billion (around USD$130 million). After releasing his son, the kidnapper called Li and asked for advice on how to invest the ransom money.
Sep 16, 2022 · On September 29, 1997, Cheung kidnapped tycoon Walter Kwok Ping-sheung of Sun Hung Kai Properties, when he was on the way to his Beach Road home in Repulse Bay. He was released six days later...
Mar 21, 2023 · In 1996, a Hong Kong mobster known as ‘The Big Spender’ was successful in kidnapping the son of Li Ka Shing, who at the time was the richest man in Asia. After thereafter, a ransom payment in the amount of HK$1.38 billion, which is approximately US$180 million, was made to him.The Big Spender had already been involved in high-profile ...
