Meet Li Ka – Shing, Asia’s Richest Man

Posted by: lukwago J in world news November 2, 2015

Every successful person on this planet earth has his or her story, no one just becomes rich without going through thousands of different challenges in life, Li Ka – Shing was named the richest man in Asia and 17th in the world with networth of $33.8 billion, according to forbes.

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He was born in 1928 in Chaozhou in Guangdong province, China, before the age of 15, he lost his father and this forced him to leave school and finally got a job in plastic trading company where he used to work 16 hours a day.

Due to working long hours a day, he managed to save money for quite sometime and later he started his own plastic manufacturing company known as Cheung Kong Industries in 1950 which he later developed into the leading real-estate investment company in Hong Kong.

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Who is Li Ka Shing?

He is just like a celebrity, in fact he is one of the most important person in Hong Kong and in Asia at large, he is also regarded as a generous philanthropist donating $millions to charity and other causes through his donations and grants company.

As of 2015, he is the chairman of Li Ka Shing Foundation and Cheung kong Holdings, he is reportedly the largest shareholder of Canadian Imperial Bank of Commerce ( CIBC ), he is world’s largest health and beauty retailer aswell as the world’s largest operator of container terminals.

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Through hard work, he managed to create a business empire that includes: Real estate, Cement production, Hotels, Satelite television, Cellular phones, banking, Airport, shipping and many others numerous to list.

This 87 year old Hong Kong business magnate entered technology business aswell, he invested a lot of money in different tech companies, his Li Ka Shing Foundation bought stake of 0.8% in social network giant, Facebook for $120 million and also made an investment of $50 million in Spotify, the music streaming service.

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