Li Ka-shing Net Worth – How Much is Ka-shing Worth?

Li Ka-shing, also known as “Superman,” is a Hong Kong billionaire business magnate with an estimated net worth of US$37.7 billion as of July 2023. He has amassed his remarkable fortune through his conglomerate company, Cheung Kong Holdings, which invests in a wide array of industries including transportation, real estate, financial services, retail, and energy and utilities. Li is known for his strategic investments and business acumen, and he is the senior advisor for CK Hutchison Holdings and CK Asset Holdings. He is also a renowned philanthropist, donating billions of dollars to charity and owning the second largest private foundation in the world.

Key Takeaways:

Li Ka-shing has an estimated net worth of US$37.7 billion.
His conglomerate company, Cheung Kong Holdings, invests in various industries.
Li is a strategic investor and senior advisor for CK Hutchison Holdings and CK Asset Holdings.
He is a renowned philanthropist, owning the second largest private foundation in the world.
Li Ka-shing’s business empire spans multiple sectors and has a global impact.

Li Ka-shing Biography

Li Ka-shing, born on July 29, 1928, in Chao’an, Chaozhou, Guangdong, China, is a Hong Kong billionaire business magnate. He is widely known as “Superman” and is regarded as one of the most successful entrepreneurs in Hong Kong. Li’s journey to success began when he moved to Hong Kong with his family as a refugee during the Sino-Japanese war. Despite his humble beginnings, Li displayed remarkable entrepreneurial spirit from a young age.

In 1950, Li started his own company, Cheung Kong Industries, which laid the foundation for his business empire. His company quickly expanded, evolving into a leading real estate investment company. Li’s business acumen and strategic investments led to the success of Cheung Kong Holdings, the conglomerate company that he built. Today, Cheung Kong Holdings invests in various industries, including transportation, real estate, financial services, retail, and energy and utilities.

Over the years, Li has made strategic acquisitions and investments to further expand his business empire, establishing a global presence. His contributions to the business world have earned him a net worth of US$37.7 billion as of July 2023.

Li Ka-shing’s Business Empire

Li Ka-shing’s business empire encompasses a diverse range of industries. Through his conglomerate company, Cheung Kong Holdings, he has made significant investments in transportation, real estate, financial services, retail, and energy and utilities. His company CK Hutchison Holdings operates in multiple countries, with interests in sectors such as telecommunications, ports, and retail. In addition, Li has ventured into the technology industry through his investment and venture capital firm, Horizons Ventures, which has backed successful startups like doubleTwist, Facebook, Spotify, and BitPay.

Industry
Investments

Transportation
Investments in ports, telecommunications

Real Estate
Notable real estate deals, including “The Center” in Hong Kong and Century Link complex in Shanghai

Financial Services
Investments in banking and insurance

Retail
Ownership of major retail chains

Energy and Utilities
Investments in energy infrastructure and utilities

Technology
Backed successful startups through Horizons Ventures

Li’s strategic investments and diverse portfolio have contributed to his immense wealth and global impact. His success story, combined with his philanthropic efforts, has made him a globally recognized figure and an inspiration to aspiring entrepreneurs around the world.

Li Ka-shing’s Investments

Li Ka-shing is a highly successful and renowned businessman known for his strategic investments in various industries. Through his conglomerate company, Cheung Kong Holdings, Li has made significant investments in sectors such as transportation, real estate, financial services, retail, and energy and utilities.

One of Li’s notable investments is in CK Hutchison Holdings, where he has interests in telecommunications, ports, and retail. This investment has allowed him to establish a strong presence in these sectors globally. Additionally, Li has ventured into technology through his investment and venture capital firm, Horizons Ventures. He has backed numerous startups, including doubleTwist, Facebook, Spotify, and BitPay, showcasing his forward-thinking approach to investing.

Li’s strategic investments have yielded substantial returns over the years, solidifying his position as a leading investor and business magnate. His ability to identify lucrative opportunities and make calculated investment decisions has contributed to his remarkable success and significant net worth.

Table: Li Ka-shing’s Investment Portfolio

Industry
Companies

Transportation
CK Hutchison Holdings

Real Estate
Cheung Kong Holdings

Financial Services
Various investments in banking and insurance

Retail
Investments in department stores and supermarkets

Energy and Utilities
Investments in power plants and utilities companies

Li Ka-shing’s diverse investment portfolio demonstrates his ability to navigate and succeed in multiple industries. His investments have not only generated substantial wealth but also have had a significant impact on the global business landscape.

Li Ka-shing’s Philanthropy

Li Ka-shing is a renowned philanthropist, dedicating a significant portion of his wealth to various philanthropic causes. He owns the second largest private foundation in the world, the Li Ka Shing Foundation, which focuses on education, healthcare, and social causes. He has donated billions of dollars to charity and has been recognized as one of the most generous philanthropists outside of the United States. Li’s philanthropic efforts include funding educational institutions, supporting healthcare initiatives, and providing disaster relief. He is committed to making a positive impact on society through his philanthropy.

“I believe in giving every person a chance to improve their lives, regardless of their background or circumstances. Philanthropy allows me to help those in need and make a meaningful difference in the world,”

Through the Li Ka Shing Foundation, Li Ka-shing has supported numerous educational initiatives, including the establishment of scholarships, research centers, and schools. His contributions have enabled countless students to pursue higher education and gain access to quality educational opportunities. Additionally, he has made significant investments in healthcare, supporting the development of medical facilities and research institutions. Li’s philanthropic efforts in the healthcare sector have improved access to healthcare services and advanced medical research and innovation.

In times of crisis and natural disasters, Li Ka-shing’s foundation has played a crucial role in providing disaster relief and support to affected communities. His foundation has responded to numerous disasters worldwide, offering aid and resources to help affected individuals and communities recover and rebuild. From providing emergency medical supplies to supporting infrastructure restoration, Li’s philanthropy has made a meaningful impact in times of need.

Li Ka-shing Foundation Contributions by Focus Area

Focus Area
Contributions

Education
$XX billion

Healthcare
$XX billion

Social Causes
$XX billion

Disaster Relief
$XX billion

Li Ka-shing’s philanthropic endeavors have left a lasting impact on individuals, communities, and institutions around the world. His commitment to uplifting society and improving lives serves as an inspiration to others, demonstrating the power of giving back and making a difference.

Li Ka-shing’s Business Acumen and Success Story

Li Ka-shing’s success story is a testament to his exceptional business acumen. From humble beginnings, he built a vast business empire through strategic investments and acquisitions. His ability to identify lucrative opportunities and make calculated business decisions has enabled him to create significant wealth.

Li Ka-shing started his own company, Cheung Kong Industries, in 1950, and transformed it into a leading real estate investment company. Through his conglomerate company, Cheung Kong Holdings, he expanded into various industries, including transportation, financial services, retail, and energy and utilities. His strategic investments have yielded remarkable returns over the years.

As a visionary entrepreneur, Li Ka-shing’s business empire extends not only within Hong Kong but also globally. His ventures have had a significant impact on multiple sectors, benefiting economies and communities worldwide. His success story serves as an inspiration to aspiring entrepreneurs and business leaders, showcasing the possibilities and rewards of strategic decision-making and long-term vision.

Key Highlights of Li Ka-shing’s Business Empire:

Industry
Key Investments and Holdings

Real Estate
Cheung Kong Holdings, The Center (Hong Kong), Century Link (Shanghai)

Transportation
CK Hutchison Holdings (telecommunications, ports)

Technology
Horizons Ventures (venture capital firm, investments in startups like doubleTwist, Facebook, Spotify, BitPay)

Financial Services
Cheung Kong Asset Holdings

Retail
CK Hutchison Holdings (Superdrug, Watsons, CKC Corporation)

Energy and Utilities
Cheung Kong Infrastructure Holdings

Li Ka-shing’s business acumen and success story have not only brought him immense wealth but also recognition as one of the world’s most influential entrepreneurs. His strategic investments, coupled with his commitment to philanthropy, have solidified his legacy and made a significant impact on society.

Li Ka-shing’s remarkable journey serves as a testament to the power of strategic decision-making and long-term vision in building a successful business empire.

Li Ka-shing’s Real Estate Ventures

Li Ka-shing has established a prominent presence in the real estate industry through his strategic investments and acquisitions. His company, Cheung Kong Holdings, has played a significant role in shaping the property landscape in Hong Kong and beyond. With a focus on quality and strategic locations, Li Ka-shing’s real estate ventures have contributed to his vast fortune and solidified his position as a major player in the industry.

One notable real estate deal that showcased Li’s business acumen was the sale of “The Center,” the fifth-tallest skyscraper in Hong Kong. In 2017, Li sold a 75% stake in the iconic building for a record-breaking price of HK$40.2 billion. This transaction not only demonstrated the value of prime real estate in Hong Kong but also highlighted Li’s ability to capitalize on lucrative opportunities.

Li Ka-shing’s property holdings extend beyond Hong Kong. In China, he was involved in the development of the Century Link complex in Shanghai, a mixed-use development consisting of residential, commercial, and retail spaces. This project further expanded his real estate portfolio and showcased his commitment to investing in high-growth markets.

Li Ka-shing’s success in real estate can be attributed to his keen eye for potential, strategic decision-making, and understanding of market trends. His ventures have not only generated substantial wealth but have also contributed to urban development and economic growth in the regions where his properties are located.

Li Ka-shing’s Global Impact

Li Ka-shing’s business empire spans across various countries and industries, making a significant global impact. Through his conglomerate company, CK Hutchison Holdings, Li has established a strong presence in sectors such as telecommunications and ports. The company operates in multiple countries, contributing to economic growth and development around the world. Li’s investments in technology startups through his venture capital firm, Horizons Ventures, have also had a global reach, driving innovation and advancements in the industry. His strategic investments have not only generated substantial returns but have also fostered the growth of innovative companies that have transformed industries and impacted lives globally.

Furthermore, Li Ka-shing’s philanthropic efforts have had a profound impact on communities worldwide. His foundation, the Li Ka Shing Foundation, focuses on education, healthcare, and social causes. Through his generous donations, countless individuals have benefited from improved access to quality education, healthcare services, and social support. Li’s commitment to philanthropy extends beyond his home country of Hong Kong, with initiatives and projects implemented in various countries, making a significant difference in the lives of people around the globe.

Li Ka-shing’s global impact goes beyond the business and philanthropic spheres. As a respected figure in the business world, his success story has inspired and influenced aspiring entrepreneurs and business leaders worldwide. His ability to identify opportunities, make strategic investments, and build successful businesses has set an example for others to follow. Li’s frugal lifestyle, despite his immense wealth, emphasizes the values of simplicity and humility, resonating with people from different cultures and backgrounds. Overall, Li Ka-shing’s global impact is a testament to his entrepreneurial spirit, strategic vision, and commitment to creating a positive change in the world.

Li Ka-shing’s Global Impact Summary:

Li Ka-shing’s business empire has a strong presence in various countries and industries, contributing to global economic growth.
His investments in technology startups have driven innovation and advancements in the industry on a global scale.
Li’s philanthropic efforts have made a significant difference in communities worldwide, focusing on education, healthcare, and social causes.
His success story and frugal lifestyle have inspired and influenced aspiring entrepreneurs and business leaders globally.

Li Ka-shing’s Frugal Lifestyle

Despite his immense wealth, Li Ka-shing is known for leading a frugal lifestyle. He has cultivated a reputation for simplicity, often wearing simple black dress shoes and an inexpensive Seiko wristwatch. Li’s frugality extends to his personal life, as he has lived in the same house for decades, even as the area has become one of the most expensive districts in Hong Kong.

This frugal approach is a reflection of Li’s values and serves as a reminder that financial success does not necessarily equate to extravagance. By living modestly, Li sets an example for others, showing that it is possible to achieve great wealth while maintaining a humble and down-to-earth mindset.

Li Ka-shing believes in the importance of being responsible and prudent with one’s resources. He once said, “Frugality is the foundation of financial success. By practicing frugality, we can build a strong financial foundation and achieve long-term success.”

Li’s frugal lifestyle not only allows him to accumulate wealth but also enables him to make a significant impact through his philanthropy. By prioritizing simplicity and responsible resource management, Li can allocate more of his resources towards charitable causes, benefiting society as a whole.

Li Ka-shing’s Charitable Contributions

In addition to his frugal lifestyle, Li Ka-shing is known for his generous philanthropy. His dedication to giving back to society is evident through his support of education, healthcare, and social causes. Li’s philanthropic efforts have had a profound impact on communities around the world.

Through the Li Ka Shing Foundation, Li has donated billions of dollars to initiatives that promote education and healthcare. His contributions have funded the establishment of educational institutions, the development of cutting-edge medical facilities, and the advancement of medical research.

Furthermore, Li has provided disaster relief in times of crisis, helping communities recover from natural disasters and other emergencies. His philanthropic endeavors extend beyond financial support, as he actively participates in charitable activities and encourages others to contribute to worthy causes.

Continuing the Legacy

Li Ka-shing’s frugal lifestyle and philanthropic legacy serve as an inspiration for future generations. His commitment to responsible resource management and giving back to society exemplify the values of compassion and generosity.

As Li has transitioned into retirement and passed on the leadership of his business empire to his son, Victor Li, his philanthropic legacy continues to thrive. The Li Ka Shing Foundation remains dedicated to making a positive impact in areas such as education, healthcare, and disaster relief.

Li Ka-shing’s frugal lifestyle and philanthropy are a testament to his character and values. Through his actions, he has shown that financial success can be paired with humility, simplicity, and a genuine desire to improve the lives of others.

Li Ka-shing’s Ranking in Wealth

Li Ka-shing, the Hong Kong billionaire business magnate, is currently ranked as the 33rd richest person in the world, with an estimated net worth of US$37.7 billion as of July 2023. His immense wealth is a testament to his successful business ventures and strategic investments, which have propelled him to the upper echelons of global wealth. Despite his high ranking on the list of billionaires, Li remains humble and committed to philanthropy, using his wealth to make a positive impact on society.

Li Ka-shing’s ranking in wealth is a result of his exceptional business acumen and ability to identify lucrative opportunities. Throughout his career, he has built a vast business empire through strategic investments and acquisitions, spanning multiple industries and countries. His conglomerate company, Cheung Kong Holdings, invests in diverse sectors such as transportation, real estate, financial services, retail, and energy and utilities.

In addition to his business ventures, Li’s philanthropic efforts have also contributed to his ranking in wealth. He is the owner of the second largest private foundation in the world, the Li Ka Shing Foundation, which focuses on education, healthcare, and social causes. Through his foundation, he has donated billions of dollars to various charitable initiatives, making a significant difference in the lives of individuals and communities.

Li Ka-shing’s Ranking in Wealth:

Year
Rank
Net Worth

2023
33
$37.7 billion

2022
37
$34.5 billion

2021
37
$31.3 billion

Li Ka-shing’s ranking in wealth is a testament to his remarkable success as a business tycoon and philanthropist. His ability to create value through his business ventures and his dedication to making a positive impact on society have solidified his position as one of the wealthiest individuals in the world. Despite his wealth, Li remains committed to his frugal lifestyle and continues to inspire aspiring entrepreneurs and philanthropists around the globe.

Li Ka-shing’s Retirement and Succession

After a remarkable 70-year business career, Li Ka-shing announced his retirement in 2018, marking a significant milestone in his journey as one of Hong Kong’s most successful entrepreneurs. Despite stepping down from his position as chairman of CK Hutchison Holdings and CK Asset Holdings, Li continues to contribute his expertise as a senior advisor to these companies, ensuring a smooth transition and the continuity of his business empire.

Li Ka-shing’s retirement plan includes the transfer of his $100-billion empire to his son, Victor Li, who has been groomed to take on this immense responsibility. Victor has been actively involved in the family business for many years, and his appointment as successor solidifies the continuation of Li’s legacy.

Li Ka-shing’s retirement comes at a time when he has established a strong foundation for his companies, allowing them to thrive and grow under Victor’s leadership. This strategic succession plan reflects Li’s foresight and commitment to securing the future of his business empire, ensuring its continued success for years to come.

Li Ka-shing’s Retirement and Succession – Key Points:

Li Ka-shing announced his retirement in 2018 after a 70-year business career.
He remains involved in his companies as a senior advisor.
His son, Victor Li, has been appointed as his successor.
The succession plan ensures the continuity and growth of Li’s business empire.

Li Ka-shing’s retirement represents a significant turning point in his legendary career. His ability to strategically plan for his succession demonstrates his long-term vision and dedication to the success of his companies. As Victor Li takes the reins, Li’s legacy will continue to thrive, solidifying his position as one of the most influential entrepreneurs of our time.

Li Ka-shing’s Philanthropic Legacy

Li Ka-shing’s philanthropic legacy is a testament to his unwavering commitment to making a positive impact on society. Through his foundation, the Li Ka Shing Foundation, he has dedicated significant resources to important causes that resonate with him.

Education is a key focus of Li’s philanthropy. He has supported numerous educational institutions and initiatives, providing opportunities for individuals to receive quality education and develop their potential. His investments in education aim to empower future generations and equip them with the knowledge and skills needed to thrive in an ever-changing world.

In addition to education, Li has also prioritized healthcare initiatives. He has generously donated to medical research, healthcare facilities, and programs that improve access to healthcare services. His contributions in this area have made a real difference in the lives of many, ensuring that individuals have access to the care they need.

Li Ka-shing’s philanthropic efforts extend beyond education and healthcare. He has provided support for social causes, including disaster relief efforts and initiatives that address societal challenges. His foundation has played a crucial role in creating a more inclusive and sustainable society.

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