H.K. Billionaire Rebounds From Blunders With Win From Goto IPO

  • Richard Li’s stake in GoTo is worth about $900 million
  • Li has been scouring opportunities in Southeast Asia
Richard LiPhotographer: Paul Yeung/Bloomberg
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Hong Kong billionaire Richard Li is back in the spotlight.

The younger son of Li Ka-shing -- the 93-year-old known in the city as “Superman” for his deal-making prowess -- is gaining ground as an accomplished investor of his own. His latest win: GoTo Group, the Indonesian tech giant that will start trading on Monday.