How much money did Li Ka shing have as of 1998

Updated on society 2024-02-24
1 answers
  1. Anonymous users2024-02-06

    Li Ka-shing, male, Han nationality. Born in 1928 in Chaozhou, Guangdong, his father was the principal of a primary school. In 1940, in order to escape the oppression of the Japanese invaders, the family fled to Hong Kong.

    In 1942, my father died of illness. In order to support his mother and three younger siblings, Li Ka-shing was forced to drop out of school. Li Ka-shing started his career as a salesman for a toy manufacturing company.

    Although he was busy at work, Li Ka-shing, who had dropped out of school, still used his spare time to study at night school to make up for culture. As studious and shrewd, he was promoted to general manager of a plastic toy factory before he was 20 years old. Two years later, Li Ka-shing seized the opportunity to start his own plastic factory with the $7,000 he had saved from his frugal savings, which he named "Yangtze River Plastic Factory".

    In 1958, Li Ka-shing began to invest in the real estate market. His unique vision and shrewd development strategy quickly made "Cheung Kong" a major real estate development and investment company in Hong Kong. When Cheung Kong went public in 1972, it was oversubscribed by 65 times.

    By the late '70s, he was standing out among his peers. In 1979, "Changjiang" purchased the old British-funded commercial bank "Hutchison Whampoa", and Li Ka-shing became the first Chinese to acquire a British-funded commercial bank. In 1984, "Changjiang" purchased a controlling stake in "Hong Kong Electric Company".

    Mr. Li Ka-shing is currently the Chairman and General Manager of Cheung Kong Asset Group and the Chairman of the Board of Directors of Hutchison Whampoa. The companies he managed made a net profit of $2.8 billion in 1994. In December 1995, the total market value of the three listed companies of Cheung Kong Asset Group exceeded US$42 billion.

    No. 10 in the world: Li Ka-shing Hong Kong, China 18.8 billion Real estate, telecommunications, retail, etc., I tell you, it is definitely 10th not 11th, I have checked and asked many people!

    Top 10 on the Rich List.

    People Country Assets (USD) Engaged in industry.

    Bill Gates of the United States 50 billion in the IT industry.

    Warren Buffett U.S. 42 billion ** investment.

    Carlos Horu Mexico 30 billion telecommunications.

    Ingvar Kamprad Sweden 28 billion household industry Lakshmi Mittal India 23.5 billion steel industry.

    Paul Allen U.S. 22 billion IT industry.

    Bernard Arnault France 21.5 billion Luxury industryAlwaleed Talal Saudi Arabia 20 billion Oil industryKenneth Thomson family Canada 19.6 billion Media & EntertainmentLi Ka-shing Hong Kong, China 18.8 billion Real estate, telecommunications, retail, etc.

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