Li Ka-shing moves back into the top 10 for the first time since 2007. He is Asia's richest person for the first time since 2004, despite a $500 million drop in net worth. One of the great empire builders, Li's businesses employ 270,000 people around the world in 53 countries; he built one out of every 7 residences in Hong Kong, his Hutchison Port Holdings handles about 13% of the world's container traffic, and his recently acquired Northumbrian Water supplies clean drinking water to 4.5 million people in England and sewerage services to another 2.7 million. Li also has personal investments in tech startups like Facebook and Spotify. Says the octogenarian: "A person investing in technology will feel younger." One of Asia's most generous individuals, his foundation has donated more than $1.6 billion to date, mostly to educational organizations and medical research. Li quit school at age 12 to help support his family. A decade later he started his own business making toys and, later, plastic flowers. [...] more
30th as China’s rate cuts helped buoy the real estate market. Lee is worth $18.6 billion. Meanwhile, Asia’s richest man, Li Ka-Shing, gained $723 million as shares of his conglomerate, Hutchison Whampoa Ltd., rose 6.2 percent this week after announcing it [...] more>>
Inc. (BRK/A), controlled by Warren Buffett, the world’s third-richest man, fell 2.7 percent. In Asia, Hong Kong billionaire Li Ka-shing’s Hutchison Whampoa Ltd. (13), with investments in ports to real estate, slumped 16 percent. The state investor has faced [...] more>>
Chase & Co. (JPM), the largest underwriter of corporate bonds worldwide, jumped eight spots to number two in Asia as Li Ka-shing’s Hutchison Whampoa Ltd. (13) picked the bank to manage its return to the market. JPMorgan moved past Citigroup Inc. (C), Deutsche [...] more>>
JPMorgan Chase & Co. (JPM), the largest underwriter of corporate bonds worldwide, jumped eight spots to number two in Asia as Li Ka-shing’s Hutchison Whampoa Ltd. (13) picked the bank to manage its return to the market. JPMorgan moved past Citigroup Inc. [...] more>>
sales in the U.S., rose 2 percent. Real Nutriceutical Group Ltd. (2010) soared as much as 16 percent after billionaire Li Ka-shing increased his stake in the provider of health products. The ECB will lower its main refinancing rate by a quarter- percentage [...] more>>
and Deutsche Bank AG are advising Prime Focus on the planned sale of American depositary receipts. * Hong Kong billionaire Li Ka-shing plans to sell telecom business process outsourcing (BPO) unit Hutchison Global Services, attracting interests from Tech Mahindra [...] more>>
and Deutsche Bank AG are advising Prime Focus on the planned sale of American depositary receipts. * Hong Kong billionaire Li Ka-shing plans to sell telecom business process outsourcing (BPO) unit Hutchison Global Services, attracting interests from Tech Mahindra [...] more>>
and Deutsche Bank AG are advising Prime Focus on the planned sale of American depositary receipts. * Hong Kong billionaire Li Ka-shing plans to sell telecom business process outsourcing (BPO) unit Hutchison Global Services, attracting interests from Tech Mahindra [...] more>>
