A dedicated thread on HK's most influencial billionaire tycoon, his family & range of businesses' news
Li Ka Shing, 李嘉誠, born July 29, 1928. Current Chairman of Cheung Kong Holdings, Networth US$18.8 Billion, Forbes 10th Richest Person in the World.
Considered one of the most powerful figures in Asia, Li was named "Asia's Most Powerful Man" by Asiaweek in 2000.
Li's businesses are dominant in every facet of life in Hong Kong, from electricity to telecommunications, from real estate to retail, from shipping to the Internet. It is often said that for every dollar spent in Hong Kong, 5 cents goes into the pocket of Li Ka-shing. The Cheung Kong Group's market capitalization is HK$766 billion ($100 billion USD) as of 2005 (This includes double counting - eg. Cheung Kong has a market cap of HKD 195 billion as of 2006 and Hutchison Whampoa has a market cap of HKD 338 billion as of 2006 but actually HKD 170 billion of Cheung Kong market cap would have been due to its holding of 49.9% of Hutchison Whampoa Ltd. ). The Group operates in 54 countries and employs over 220,000 staff worldwide.
"From his humble beginnings in China as a teacher’s son, a refugee, and later as a salesman, Li provides a lesson in integrity and adaptability. Through hard work, and a reputation for remaining true to his internal moral compass, he was able to build a business empire that includes: banking, construction, real estate, plastics, cellular phones, satellite television, cement production, retail outlets (pharmacies and supermarkets), hotels, domestic transportation (sky train), airports, electric power, steel production, ports, and shipping" --- Harvard Business School
LINK TO LI KA SHING FOUNDATIONS:
http://www.lksf.org/eng/
LINK TO CHEUNG KONG HOLDINGS LTD:
http://www.ckh.com.hk/eng/index.htm>
No comments:
Post a Comment