Here’s how Jimmy Lai became a politically outspoken tycoon.
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Jimmy Lai, born in China in 1948, fled to Hong Kong as a child and built a successful apparel empire. Inspired by the 1989 Tiananmen Square protests, he transitioned into media, founding Next Magazine in 1990 and later a popular newspaper that often criticized the Chinese Communist Party. Lai became a prominent advocate for democracy in Hong Kong, using his wealth and influence to support pro-democracy movements. His outspoken criticism of China led to his arrest and trial under national security laws. In December 2023, he was convicted on charges including conspiracy to collude with foreign forces and publishing seditious material, for which he pleaded not guilty.
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