Sir Ka-shing Li is a Hong Kong billionaire business magnate, investor, and philanthropist.
10 Facts About Li Ka-shing
Li Ka-shing is the senior advisor for CK Hutchison Holdings and CK Asset Holdings, after he retired from the Chairman of the Board in May 2018; through it, he is the world's leading port investor, developer, and operator of the largest health and beauty retailer in Asia and Europe.
Forbes magazine released its Hong Kong fortune league chart in February 2021, which showed that Li Ka-shing had reclaimed his prime position as Hong Kong's richest person, with his net assets topping US$35.40 billion.
Li Ka-shing lived in the same house for decades, in what has now become one of the most expensive districts in Hong Kong, Deep Water Bay in Hong Kong Island.
Li Ka-shing is still involved in the conglomerate as a senior advisor.
Besides business through his flagship companies CK Asset Holdings and CK Hutchison Holdings Limited, Li Ka-shing has personally invested extensively in real estate in Singapore and Canada.
Li Ka-shing was the single largest shareholder of Canadian Imperial Bank of Commerce, the fifth largest bank in Canada, until the sale of his share in 2005.
Li Ka-shing is the majority shareholder of a major energy company, Husky Energy, based in Alberta, Canada.
Li Ka-shing was the daughter of his maternal uncle, Cheung Jing-on and his wife, Hew Bik-yin, who were from the Chaoshan region, but were both settled in British Hong Kong long before he migrated to the city, as she was born and bred there to emigrant Teochew parents from that region in Guangdong.
Li Ka-shing paid a ransom of HK$1 billion directly to Cheung, who had come to his house.