Mr Li Ka Shing
Age: 78
Fortune: self made
Source:Diversified
Asia's richest resident. His fortune is centered on conglomerates Cheung Kong and Hutchison Whampoa. Through them Li is the world's largest operator of container terminals, a major supplier of electricity to Hong Kong, a cell phone provider, retailer and real estate developer. Also has a nearly $10 billion stake in Canadian oil company Husky Energy.Eldest son, Victor, helps run massive empire; son Richard struck out on his own in early 1990s. Once a poor immigrant, Li got his start selling plastic flowers in Hong Kong in the 1950s. Source:Forbes.Li Ka-shing was born in Chaozhou in the Guangdong Province, China in 1928. In 1940 the Li family fled to Hong Kong to avoid the turmoils in China.[5] Li's family stayed at the home of his wealthy uncle. The arrogance of Li's uncle with his immense wealth ignited Li's determination to make a place for himself in the world.Li's father suffered from tuberculosis and died in Hong Kong. Shouldering the responsibility of looking after the livelihood of the family, Li was forced to leave school before the age of 15 and found a job in a plastics trading company where he labored 16 hours a day. By 1950, his hard work, prudence and his pursuit of excellence had enabled him to start his own company, Cheung Kong Industries. From manufacturing plastics, Li led and developed his company into a leading real estate investment company in Hong Kong that was listed on the Hong Kong Stock Exchange in 1972.
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