Li Ka-shing

Sir Ka-shing Li, born in China in 1928, is a Hong Kong business magnate, investor, and philanthropist. In 2001, Sir Ka-shing Li was hailed by Asiaweek as “Asia’s Most Powerful Man.” As of April 2014 he was declared the richest person in Asia, with a net worth of $31.9 billion. Ka-shing dropped out of school when he was 15 years old. He worked for a plastics company. In 1950, he started his own, making high-quality plastic flowers. The business tycoon guided his company, Cheung Kong Industries, into the real estate industry. Today, he is the Chairman of the Board for Hutchison Whampoa Limited (HWL) and Chairman of Cheung Kong Holdings. His companies are known for being the biggest beauty and health retailer in the world as well as leading the way in container terminal operations. His companies make up 15% of the market cap of the Hong Kong Stock Exchange.

Perhaps due to his modest upbringing and work ethic, Ka-shing donates to charitable causes and is thought of as one of Asia’s most altruistic charitable donors. As of 2007, he had donated at least $1.41 billion to charity and other various philanthropic causes. His personal life is not extravagant and he is famous for being modestly dressed, although he does own a lavish home in an extremely pricey area of Hong Kong. In 2006, Ka-shing was awarded the first ever “Malcom S. Forbes Lifetime Achievement Award.” Ka-shing is a star in Hong Kong where he is often referred to as “Superman”. People are in awe of his wealth, professional success, and philanthropy.