Li Ka-shing

This article is about the founder of Cheung Kong Holdings. For the son of Lee Shau Kee, see Martin Lee Ka-shing.
In this Chinese name, the family name is Li.

The Honourable Sir
Ka-shing Li
GBM KBE JP
李嘉誠
Li in 2010
Born (1928-07-29) 29 July 1928 (age 96)
Chao'an, Chaozhou, Guangdong, China
CitizenshipHong Kong
Canada[1][2]
OccupationChairman of Li Ka Shing Foundation
Spouse
Chong Yuet-ming
​
​
(m. 1962; died 1990)​
Children
Chinese name
Traditional Chinese李嘉誠
Simplified Chinese李嘉诚
Transcriptions
Standard Mandarin
Hanyu PinyinLǐ Jiāchéng
Wu
RomanizationLi-ga-sen
Hakka
RomanizationLi31Ga44Sing11
Yue: Cantonese
JyutpingLei5 Gaa1-sing4
Southern Min
Hokkien POJLí Ka-sêng
Teochew Peng'imLi2 Gia1-sêng5

Sir Ka-shing Li GBM KBE JP (Chinese: 李嘉誠; born 29 July 1928)[3][4][5][6] is a Hong Kong billionaire business magnate, investor, and philanthropist. He is the senior advisor for CK Hutchison Holdings[7] and CK Asset Holdings, after he retired from the Chairman of the Board in May 2018;[8] through it, he is a port investor, developer, and operator of the largest health and beauty retailer in Asia and Europe.[9] As of July 2023, Li is the 33rd richest person in the world, with an estimated net wealth of US$37.7 billion.[10]

Li invests in a wide array of industries, including transportation, real estate, financial services, retail, and energy and utilities.[11] His conglomerate company Cheung Kong Holdings invests in many sectors of the Hong Kong economy and made up 4% of the aggregate market capitalisation of the Hong Kong Stock Exchange.[12] Forbes Magazine and the Forbes family honoured Li Ka-shing with the first ever Malcolm S. Forbes Lifetime Achievement Award on 5 September 2006, in Singapore.[13] In spite of his wealth, Li has cultivated a reputation for leading a frugal no-frills lifestyle, and is known to wear simple black dress shoes and an inexpensive Seiko wristwatch. He 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 is also a philanthropist, donating billions of dollars to charity and various other philanthropic causes, and owning the second largest private foundation in the world after Bill & Melinda Gates Foundation.[14][15] In 2019, Forbes put Li in the list of most generous philanthropists outside of the US.[16][17][18]

As per Forbes list of The Richest People In The World, dated 8 MARCH 2024, Li Ka-shing is ranked #38 with a net worth of $37.3 Billion.[19]

  1. ^ "World's Richest People > Li Ka-shing". Forbes. Retrieved 25 June 2021.
  2. ^ "From Hong Kong to Canada and back: the migrants who came home from home". South China Morning Post. 28 May 2013. Retrieved 25 June 2021.
  3. ^ "Silobreaker: Biography for Li Ka-Shing". Silobreaker. 26 September 2006. Archived from the original on 6 January 2009. Retrieved 12 June 2008.
  4. ^ "Li Ka-shing". Encyclopædia Britannica. Chicago, Illinois. Archived from the original on 13 May 2013. Retrieved 12 June 2008.
  5. ^ ""SUPPLEMENT No. 1 to Issue 55879", London Gazette, 19 June 2000, p. 24". Archived from the original on 3 December 2013. Retrieved 16 May 2012.
  6. ^ "SUPPLEMENT TO THE LONDON GAZETTE, 31st DECEMBER 1988". London Gazette.
  7. ^ "CKH Senior Advisor". Archived from the original on 22 April 2019. Retrieved 14 May 2018.
  8. ^ Stevenson, Alexandra (16 March 2018). "Li Ka-shing, Hong Kong's Richest Man, Will Retire, Ending an Era". New York Times. ISSN 0362-4331. Archived from the original on 18 March 2018. Retrieved 22 March 2018.
  9. ^ "The World's Billionaires No. 11 Li Ka-shing". Forbes. 5 March 2008. Archived from the original on 3 January 2013. Retrieved 1 December 2008.
  10. ^ "Li Ka-shing". Forbes. Retrieved 4 July 2023.
  11. ^ Martins, Ajaero. "How Li Ka Shing became Asia's Most Influential Business Man". Archived from the original on 27 March 2019. Retrieved 14 March 2017.
  12. ^ Schuman, Michael (24 February 2010). "The Miracle of Asia's Richest Man". Forbes. Archived from the original on 3 November 2012. Retrieved 28 February 2012.
  13. ^ Li Ka-shing Receives First Malcolm S. Forbes Lifetime Achievement Award Archived 27 September 2008 at the Wayback Machine
  14. ^ "Gates and Li Ka Shing Top List of Big Foundations Created by Wealthy People". Archived from the original on 8 July 2019. Retrieved 5 July 2018.
  15. ^ Wilhelm, Ian (20 September 2007). "Building a Spirit of Generosity". Philanthropy.com. Archived from the original on 13 November 2009. Retrieved 28 February 2012.
  16. ^ Çam, Deniz. "From Azim Premji to Carlos Slim: The World's Most Generous Billionaires Outside Of The U.S." Forbes. Retrieved 23 July 2021.
  17. ^ Schuman, Michael (24 February 2010). "The Miracle of Asia's Richest Man". Forbes. Archived from the original on 3 November 2012. Retrieved 3 September 2017.
  18. ^ Studwell, Joe. "Money and Power in Hong Kong and South-East Asia". Asian Godfathers. Archived from the original on 30 July 2012. Retrieved 16 July 2012.
  19. ^ "The Richest People In The World".