Li Ka-shing
Net Worth: $21 billion
Source: Diversified
Residence: Hong Kong
• Betting on recovery, upped stakes in publicly traded conglomerates Cheung Kong and Hutchison Whampoa. Cheung Kong paid $100 million for shares in Russian aluminum maker Rusal ahead of its January Hong Kong public offering. Hutchison Whampoa is attempting to take its telecom subsidiary private for $545 million in cash; awaiting regulatory approval.
• Through HW, Li is world's largest operator of container terminals, world's largest health and beauty retailer by number of outlets, a major supplier of electricity to Hong Kong and a real estate developer.
• Has a large holding in Canadian oil firm Husky Energy, which recently announced its third discovery in South China Sea.
• Asia's most generous individual has given out $1.4 billion to education, medical research.
• Humble origins: quit school at age 15 to support his family; made plastic flowers that he exported to U.S. in the 1950s.
• Eldest son, Victor, helps him run businesses; son Richard struck out on his own in early 1990s and is a billionaire in his own right.
Source: http://finance.yahoo.com/career-work/article/109029/worlds-billionaires-2010
No comments:
Post a Comment