Li Ka-shing

Li Ka-shing

[table border=”0″]Net Worth, $31 Billion,,,
Source of Wealth,  Hutchison Whampoa Limited and Cheung Kong Holdings ,,,
Nationality, Chinese,,,
Age, 85,,,[/table]

 

In 2001, Sir Ka-shing Li was labeled by Asiaweek as “Asia’s Most Powerful Man.” Ka-shing was born in China in 1926 and dropped out of school when he was 15 years old. He worked for a plastics company. In 1950, he started his own. The business tycoon guided his company, Cheung Kong Industries, into the real estate industry. Today, he is the Chairman of Cheung Kong Holdings and Chairman of the Board for Hutchison Whampoa Limited (HWL). His companies are known for being the biggest beauty and health retailer in the world as well as leading the way in container terminal operations. He dominates the Hong Kong Stock Exchange, as the corporations he runs are 15% of the stock market.

Perhaps due to his modest upbringing and work ethic, Ka-shing funds charitable causes and is thought of as one of Asia’s most altruistic charitable donors. As of 2007, he had donated at least $1.41 billion. His personal life is not extravagant, although he does own a lavish home in an extremely pricey area of Hong Kong. In 2006, Ka-shing was awarded the premier “Malcom S. Forbes Lifetime Achievement Award.” Ka-shing is a star in Hong Kong, where people are in awe of his wealth, professional success, and philanthropy.

Li Ka-shing's prestige landed him the title of 'Asia's Most Powerful Man' and of course a spot on the Business Rich's list of billionaires.

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