#17 Li Ka-shing
- Real Time Net Worth As of 11/22/15
- $34.1 Billion
- 2015 Billionaires Net Worth
- $33.3 Billion
- Chairman, CK Hutchison Holdings
- 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
- #31 Powerful People (2015)
- #28 in 2014
- #17 Billionaires (2015)
- #1 in Hong Kong
- #1 Hong Kong's 50 Richest (2015)
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.