Wednesday, 28 March 2012

9. Li Ka-shing

Li Ka-shing
Net Worth
$25.5 B As of March 2012
At a Glance
  • Chairman, Hutchison Whampoa Limited
  • Age: 83
  • Source of Wealth: diversified, self-made
  • Residence: Hong Kong, Hong Kong
  • Country of Citizenship: Hong Kong
  • Education: Drop Out, High School
  • Marital Status: Widowed
  • Children: 2
Forbes Lists
 
Profile:
Li Ka-shing moves back into the top 10 for the first time since 2007. He is Asia's richest person for the first time since 2004, despite a $500 million drop in net worth. One of the great empire builders, Li's businesses employ 270,000 ­people around the world in 53 countries; he built one out of every 7 residences in Hong Kong, his ­Hutchison Port ­Holdings handles about 13% of the world's container traffic, and his recently acquired Northumbrian Water supplies clean drinking water to 4.5 million people in England and sewerage services to ­another 2.7 million. Li also has personal investments in tech startups like Facebook and Spotify. Says the octogenarian: "A person investing in technology will feel younger." One of Asia's most generous individuals, his foundation has donated more than $1.6 billion to date, mostly to educational organizations and medical research. Li quit school at age 12 to help support his family. A decade later he started his own business making toys and, later, plastic flowers. [...] more

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