(June 21): Victor Li’s moment may have finally arrived.

The son of billionaire Li Ka-shing is poised to inherit an empire spanning across more than 50 countries in businesses ranging from telecommunications to retail and ports.

The elder Li plans to step down as chairman of CK Hutchison Holdings Ltd. by the time he turns 90 next year, according to the Wall Street Journal, a move that would be in line with comments he made a year ago when he said he might retire "today if I wanted to, in the next five minutes or whenever.”

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