Portrait of Li Ka-shing

Rank #37

Li Ka-shing

Net worth $48.5B

Diversified · Hong Kong

Born
Jun 13, 1928
Age
97
Source
Diversified
Residence
Hong Kong
Citizenship
Hong Kong
Marital status
Widowed
Children
2
Education
Drop Out, High School

Net worth over time

Biography

  • Nicknamed Superman, Li Ka-shing is revered as one of the most influential businessmen in Asia.
  • Li retired as chairman of CK Hutchison Holdings and CK Asset Holdings in 2018 but remains senior advisor.
  • His son Victor now heads the conglomerate, which has more than 300,000 employees and operates in more than 50 nations.
  • Li started Cheung Kong Plastics, named after the Yangtze River, in 1950 at age 21 with $6,500 in savings and loans from relatives.
  • His Li Ka Shing Foundation has donated more than $3.8 billion; over 80% has gone to Greater China.
  • Li says it took him five minutes in 2007 to decide to invest in Facebook, even though it barely had any revenues. He also invested in Siri and Spotify.
  • At age 12, Li fled China with his family. Two years later his father, who had been a primary school principal in China but then worked at a watch factory, died.
  • At the announcement of his retirement, Li joked that he'd been "working for a long time, too long."

Financial assets

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