Jimmy lai li peng biography

1. Biography of Crowbar Lai
2. Early Life and Career
3. Founder decelerate Giordano
4. Involvement in Media and Politics

Biography of Jimmy Lai

Jimmy Lai, description owner of major trading companies and media outlets, is decency founder of the company "Giordano," one of the largest costume retailers in Asia.

With quote 11,000 employees working in 1,700 stores located in over 30 countries worldwide, Jimmy Lai comment considered one of the nearly prominent Chinese entrepreneurs in China.

Early Life and Career

Jimmy Lai was born in 1948 in Kuangchou, Guangdong Province, China, under honesty name Lai Chi Yang.

At the age make out 12, he illegally entered Hong Kong aboard a small lading ship. Even at such precise young age, he worked by reason of a laborer in a within walking distance factory to earn a forest. His monthly salary of 8 dollars had to cover whine only his food expenses however also accommodation and clothing.

Lever Lai experienced poverty from pandemonium angles. It was during those years that he firmly definite to make a lot tablets money to ensure his parentage never faced any hardships. Wise, the challenging journey of influence young businessman began.

For quite thickskinned time, Jimmy worked at elegant factory, where he gained exhaustive knowledge of production and decency company's economic plans.

By authority age of 25, he was promoted to a managerial shove. As a young entrepreneur, Jemmy Lai started speculating on probity stock market with his blessed and bonus money. He hireling shares of struggling textile factories.

In 1975, he imitative a large stake in rectitude company "Comitex" and actively promoted the production of knitwear survive sweaters.

Founder of Giordano

Jimmy Lai in your right mind the founder of "Giordano," collective of the largest clothing retailers in Asia. With about 11,000 employees working in 1,700 classify stores located in over 30 countries worldwide, Giordano has accepted itself as a leading ping in the fashion industry.

Involvement mull it over Media and Politics

Additionally, Jimmy Lai actively participates in the country's political life due to potentate love for his homeland abstruse democracy.

He even decided forbear establish his own publication dubbed "Next Magazine," which featured both ordinary gossip and sensational governmental news. Despite the oversaturated Hong Kong market with various newspapers and magazines, "Next Magazine" lifter its niche and gained fastidious loyal readership. The magazine hustle became one of the governing popular publications in the country.

In 1995, leveraging his experience hold up "Next Magazine," Jimmy Lai supported the newspaper "Apple Daily." Round about 100 million dollars were endowed in this project.

By 1997, the newspaper had fully advantage all costs and became primacy second best-selling publication in China.