Hong Kong Activist Investor Webb Says He Has Months to Live
- British-born Webb will shut down his eponymous website
- He made his fortune in the city’s small and mid-cap market
David Webb
Photographer: Justin Chin/BloombergThis article is for subscribers only.
David Webb, Hong Kong’s most vocal activist investor whose investigations into corporate malfeasance triggered regulatory probes, said he has months left to live after battling prostate cancer over the past few years.
“When I disclosed my metastatic prostate cancer in June 2020, I didn’t expect to live as long as I now have,” Webb wrote in a blog post on Webb-site.com, his website where he has blasted stock exchange and regulatory officials over the years on various market failings. “I have now reached the point where outcomes are measured in months rather than years and my symptoms and side-effects are making it harder to function.”