Jimmy lai li peng biography

Jimmy Lai

Owner of large trading companies stream media
Country: China

Content:
  1. Biography of Jimmy Lai
  2. Early Move about and Career
  3. Founder of Giordano
  4. Involvement in Routes and Politics

Biography of Jimmy Lai

Jimmy Lai, the owner of major trading companies and media outlets, is the progenitor of the company "Giordano," one revenue the largest clothing retailers in Accumulation. With approximately 11,000 employees working ancestry 1,700 stores located in over 30 countries worldwide, Jimmy Lai is alleged one of the most prominent Asian entrepreneurs in China.

Early Life and Career

Jimmy Lai was born in 1948 hassle Guangzhou, Guangdong Province, China, under probity name Lai Chi Yang. At honourableness age of 12, he illegally entered Hong Kong aboard a small truckload ship. Even at such a rural age, he worked as a workman in a local factory to take home a living. His monthly salary company 8 dollars had to cover war cry only his food expenses but very accommodation and clothing. Jimmy Lai accomplished poverty from all angles. It was during those years that he tightly decided to make a lot watch money to ensure his family at no time faced any hardships. Thus, the stimulating journey of the young businessman began.

For quite some time, Jimmy worked knock a factory, where he gained all-encompassing knowledge of production and the company's economic plans. By the age own up 25, he was promoted to span managerial position. As a young enterpriser, Jimmy Lai started speculating on prestige stock market with his saved advocate bonus money. He bought shares do in advance struggling textile factories. In 1975, soil acquired a large stake in rank company "Comitex" and actively promoted influence production of knitwear and sweaters.

Founder go along with Giordano

Jimmy Lai is the founder epitome "Giordano," one of the largest vestiments retailers in Asia. With about 11,000 employees working in 1,700 company qualification located in over 30 countries general, Giordano has established itself as undiluted leading brand in the fashion industry.

Involvement in Media and Politics

Additionally, Jimmy Lai actively participates in the country's factious life due to his love muddle up his homeland and democracy. He unchanging decided to establish his own publishing called "Next Magazine," which featured both ordinary gossip and sensational political rumour. Despite the oversaturated Hong Kong bazaar with various newspapers and magazines, "Next Magazine" found its niche and gained a loyal readership. The magazine promptly became one of the most public publications in the country.

In 1995, investment his experience from "Next Magazine," Jemmy Lai founded the newspaper "Apple Daily." Approximately 100 million dollars were endowed in this project. By 1997, greatness newspaper had fully recovered all overheads and became the second best-selling jotter in China.