Li Ka Shing Net Worth is$25.2 Billion
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Profession: Businessperson, Investor, Entrepreneur
Date of Birth: Jun 13, 1928
Country: China
What is Li Ka-shing's net worth? Li Ka-shing, a Hong Kong-born businessman, and Chairman of Hutchison Whampoa Limited and Cheung Kong Holdings, has an estimated net worth of $25.2 billion dollars. That net worth makes Ka-Shing the 13th richest person in the world and the richest person in China. the Li Ka-shing, who began life as a refugee, now controls a number of different holdings across various business networks. He is also known for his generous donations to many philanthropic organizations. In addition to his net worth he is often referred to in China as "Superman," a nickname he earned thanks to his impressive business prowess. Li is considered one of the most powerful men in Asia, having earned the title of "Asia's Most Powerful Man" in Asiaweek magazine back in 2001. Despite his impressive amount of wealth and power, Li Ka-shing belongs to that subgroup of wealthy individuals who have cultivated simple lifestyles. He is often seen wearing cheap black dress shoes and a simple SEIKO watch, which might surprise people who know him as one of the richest men on the planet. He is also a very enthusiastic philanthropist, having donated $1.41 billion so far to various charitable causes and organizations. In his personal life, Li is known for his commitment to physical fitness, giving much of his time throughout the day to exercise. His favored form of exercise is golf, which he gets up at 6 AM every morning to play with famous Hong Kong movie producer Raymond Chow, regardless of how much (or how little) sleep he got the night before.
Sir[citation needed] Ka-shing Li, GBM, KBE[citation needed], JP (born 13 June 1928 in Chaozhou, China) is a Hong Kong based business magnate. He is the richest person of Asian descent in the world and the ninth richest person in the world with an estimated wealth of US$ 25.5 billion as of 2012. Presently, he is the Chairman of Hutchison Whampoa Limited (HWL) and Cheung Kong Holdings; through them, he is the world's largest operator of container terminals and the world's largest health and beauty retailer.
Considered one of the most powerful figures in Asia, Li was named "Asia's Most Powerful Man, Li Ka-Ching" by Asiaweek in 2001. His companies make up 15% of the market cap of the Hong Kong Stock Exchange.Forbes Magazine and the Forbes family honoured Li Ka-shing with the first ever "Malcolm S. Forbes Lifetime Achievement Award" on 5 September 2006, in Singapore. In spite of his wealth, Li has cultivated a reputation for leading a no-frills lifestyle, and is known to wear simple black dress shoes and an inexpensive Seiko wristwatch, which is at odds with the house he owns in one of Hong Kong's most expensive precincts, Deep Water Bay in Hong Kong Island. Li is also regarded as one of Asia's most generous philanthropists, donating over US $1.41 billion to date to charity and other various philanthropic causes.
Li is often referred to as "Superman" in Hong Kong because of his business prowess.
Li Ka-shing was born in Chaozhou in Guangdong province, People's Republic of China in 1928. In 1940 the Li family fled to Hong Kong to avoid turmoil on the Mainland. Li's family stayed at the home of his wealthy uncle. The success of Li's uncle ignited Li's determination to make a place for himself in the world.[citation needed] Li married Chong Yuet Ming, his first cousin and the daughter of his wealthy uncle.
Li's father died in Hong Kong. Shouldering the responsibility of looking after the family's livelihood, Li was forced to leave school before the age of 15 and

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Li Ka Shing Latest News

How to Get Out of Chinese Property When the Price Is High

Billionaire Li Ka-shing’s property flagship Cheung Kong Property is selling its 50% stake in a newly built commercial property project in Shanghai’s financial district at a price that values the whole at 20 billion yuan (about $3 billion). The other ...
Posted: October 27, 2016, 4:07 am

Tycoon sells Century Link for $2.95 billion

Chinese tycoon Li Ka-shing has sold the Century Link office and retail complex in Shanghai for 20 billion yuan (US$2.95 billion). Century Link comprises two 34-storey towers and a retail podium. “The disposal enables the company to realise its investment ...
Posted: October 26, 2016, 8:39 pm

Li Ka-shing Company to Tune Out Satellite TV Channel

(Hong Kong) — A media group backed by Hong Kong billionaire Li Ka-shing will shut down its Mandarin-language satellite channel by the end of this year as the company shifts its focus to technology sectors amid a downturn in advertising. Tom Group Ltd ...
Posted: October 27, 2016, 3:31 am
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