Li Ka-shing

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Li Ka-shing




    • #17 Li Ka-shing










Age

87



Source Of Wealth

diversified, Self Made



Residence

Hong Kong, Hong Kong



Citizenship

Hong Kong



Marital Status

Widowed



Children

2



Education

Drop Out, High School



Li Ka-shing on Forbes Lists




One of the world's great empire builders, Li Ka-shing named his flagship company, Cheung Kong, after the Yangtze River, whose power comes from a confluence of countless smaller streams. Today his own power comes from his far-reaching business domain, which has operations in 52 countries. Increasingly much of those operations are in Europe. In all, his companies spent $28 billion between 2010 and 2014 buying assets on that continent, including a water company, utility firms and two mobile phone operators. Li kicked off 2015 by announcing a restructuring of his assets that included creating two new Hong Kong listed companies: CKH Holding, which took over all non-property businesses; and CK Property, which combined the real estate businesses. In September China's government-controlled media questioned his loyalty to greater China due in part to earlier asset sales and European investments. Li issued a 3-page response denying the allegations.


About the author

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