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WORLD TOP BILLIONAIRES
Sir
Li Ka-shing, GBM, KBE (born July 29, 1928), is a
wealthy businessman from Hong Kong. He is the richest person
of Chinese descent in the world, one of the richest and most
influential investors in Asia, and the eleventh richest man
in the world according to Forbes with an estimated wealth of
$26.5 billion on March 5, 2008. Presently, he is the
Chairman of Hutchison Whampoa Limited (HWL) and Cheung Kong
Holdings in Hong Kong.
Considered one of the most powerful figures in Asia, Li was
named "Asia's Most Powerful Man" by Asiaweek in 2001. Forbes
Magazine and the Forbes family honored Li Ka-shing with the
first ever "Malcolm S. Forbes Lifetime Achievement Award" on
September 5, 2006, in Singapore. In spite of his wealth, Li
has a reputation for leading a no-frills lifestyle, and is
known to wear simple black dress shoes and an inexpensive
Seiko wristwatch. Li is also regarded as one of Asia's most
generous philanthropists, donating over $1 billion USD to
date to charity and other various philanthropic causes.
Li is often referred to as "Superman" in Hong Kong because
of his business prowess. His peers in Hong Kong include Lee
Shau Kee of the Henderson Land Development, New World
Development's Cheng Yu-tung, Kwok family of Sun Hung Kai
Properties, and Henry Fok Ying-tung, among others.
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