Friday, 23 March 2012

The Richest Man in Asia


Sir  Ka-shing Li, JP (born 13 June 1928 in Chaozhou, China) is a Hong Kong based business magnate.
He is the richest person of Asian descent in the world and the ninth richest person in the world with an estimated wealth of US$ 25.5 billion as of 2012.
Presently, he is the Chairman of Hutchison Whampoa Limited (HWL) and Cheung Kong Holdings through them, he is the world's largest operator of container terminals and the world's largest health and beauty retailer.
Considered one of the most powerful figures in Asia, Li was named "Asia's Most Powerful Man, Li Ka-Ching" by Asiaweek in 2001. His companies make up 15% of the market cap of the Hong Kong Exchange.
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. 
In spite of his wealth, Li has cultivated a reputation for leading a no-frills lifestyle, and is known to wear simple black dress shoes and an inexpensive Seiko wristwatch, which is at odds with the house he owns in one of Hong Kong's most expensive precincts, Deep Water Bay in Hong Kong Island.
Li is also regarded as one of Asia's most generous philanthropists, donating over US $1.41 billion to date to charity and other various philanthropic causes.
Li is often referred to as "Superman" in Hong Kong because of his business prowess.

The future may be made up of many factors but where it truly lies is in the hearts and minds of men. Your dedication should not be confined for your own gain, but unleashes your passion for our beloved country as well as for the integrity and humanity of mankind.
- Li Ka-shing -

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