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Li Ka-Shing Statue Photo By Oh Chew Hiang

Top 10 Fascinating Facts about Li Ka-Shing

Li Ka-Shing was born on June 13, 1928. He is a Hong Kong business magnate, investor, and philanthropist. He is one of the most powerful and richest men in the world with approximately 25.5 billion dollars according to Forbes.

His father passed away when he was 15 years old and he was forced to drop out of school and look for a job to support his family. His first job was at a plastics trading company where he worked for almost 16 hours as well as selling watches at his uncle’s store.

In 1947 he established his own company that produced ad supplied high-quality plastic flowers after gaining selling skills from his past jobs. He started his real estate development company in 1971 named Cheung Kong after the longest river in the country. He developed real estate using the lands he bought during the riots of 1967 in Hong Kong and people were selling their properties at a low price as they fled from the country.

1. He is the 9^th Richest Person in the World

Li Ka-Shing is a business mogul most powerful and richest man in the world. He is the 9th richest person in the world as of 2022 with an approximate net worth of 25.5 billion dollars according to Forbes.

He is the boss of the conglomerate Hutchison Whampoa, Cheung Kong Holdings and Watson Group. This is one of the Fascinating Facts about Li Ka-Shing.

2. Li Supported his Family Since the Age of 15

Li Ka-Shing Statue Photo By Oh Chew Hiang

Ka-Shing’s father became ill with tuberculosis and died a painful death when Li Ka-Shing was just 15 years old. He was left orphaned at a young age and this made him abandon his education and look for a job to support his family.

He was forced to mature and be responsible, he worked at a plastics trading company where he got his first job and worked for almost 16 hours daily. It was tiresome and overworking for his age but he never had any options. Li Ka-Shing also sold watches at his uncle’s store.

3. Ka-Shing Became Popular Due to his Selling Skills

After Li Ka-Shing dropped out of school and started working in a plastics trading company and in his uncle’s shop he gained selling skills. He became popular everywhere due to his selling skill at a young age.

Due to his excellent selling skills, he was given additional responsibilities in the company of controlling the factory’s operations and product commercialization.

4. He Established his Own Company at Age of 19

This is one of the most interesting facts about Li Ka-Shing. He was determined to succeed even though he never completed his education. At age of 19, he borrowed money from his close family member and he started his own company.

The company produced and supplied high-quality plastic flowers. After a few years, Ka-Shing’s company became one of the leading suppliers of plastic flowers all over Asia.

5. Li Ka-Shing Owns Real Estate Development Company

Li Ka-Shing Statue Photo By Oh Chew Hiang

Ka-Shing was a real investor and he invested in all sectors. He was determined to become rich at any cost and he never feared taking risks. He owned a real estate development company.

 In the year 1967, during the riots in Hong Kong, people fled from the country and prices of property decreased. The owners were selling them at a through away price, at that time while people were selling Ka-Shing was busy buying land.

In the year 1971, he started his real estate development company with the land he had purchased during the riots in Hong Kong. The company was named Cheung Kong after the longest river in the country. In 1972 the company became public.

6. Li Ka-Shing is a Distinguished Philanthropist

A philanthropist is a person who seeks to promote the welfare of others, especially by the generous donation of money to good causes.

 Li Ka-Shing has offered willingly to give out 1/3^rd of his income to charitable institutions and philanthropist developments all over the world. He did this to help the needy and suffering. This shows how generous and good-hearted he is. This marks one of the most fascinating facts about him.

7. Received Several Awards

Li Ka-Shing By EdTech Stanford University School of Medicine

The business-oriented man has been awarded several awards due to his successful works as a token of appreciation. In the year 2006, the Forbes family give him the first ‘Malcolm S. Forbes Lifetime Achievement Award’.

He has as well being awarded the Grand Bauhinia medal. Grand Bauhinia Medal is the highest award under the Hong Kong honours and award system. It is given to recognize the selected person’s lifelong and highly significant contribution to the well-being of Hong Kong.

8. Acquired Hutchison Whampoa Limited

Li Ka-Shing By EdTech Stanford University School of Medicine

Hutchison Whampoa Limited was an investment holding company based in Hong Kong. It was a Fortune Global 500 (an annual ranking of the top 500 corporations worldwide as measured by revenue) company and one of the largest companies listed on the Hong Kong Stock Exchange.

In 1979, Ka-Shing acquired Hutchison Whampoa Limited from HSBC. This added multiple diverse industries to his existing business.

He later transformed Hutchison into the world’s largest independent operator of ports, with investments in container port facilities worldwide such as Canada, Hong Kong, Panama, the United Kingdom, Rotterdam and other developing countries. The venture taken by Ka-Shing is 13% of the world’s total port container capacity.

9. He is an Investor

Li is an investor and he invested in many businesses. Some of the businesses he has invested in include;

In real Estate in Singapore and Canada, he made 2 investments in Facebook through his Li Ka Shing Foundation that totalled $120 million and he as well invested in Spotify, Impossible Foods, Skype and Hong Kong Fintech platform Mio Tech. This made him grow business-wise hence leading to success in his businesses.

10. Ka-Shing is Known as Hong Kong ‘Superman’

Li Ka-Shing By EdTech Stanford University School of Medicine

Li Ka- Shing is known locally as ‘Superman’ for his business acumen and competence. He rose from his humble beginnings at a young age to become of the most influential people in the world.

He has been determined and focused on his businesses and investments despite being a school dropout and started when he was young of an age.  He has never failed and he succeeded in becoming a millionaire hence Hong Kong people gave him the name ‘Superman’