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Chinese richest man Li Ka-shing

Chinese richest man Li Ka-shing (Picture 1)

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Li Ka-shing, born on July 29, 1928, Han nationality, was born in Chaoan County, Chaozhou, Guangdong, China. Currently a Canadian nationality. He is Chairman of Changjiang Hutchison Industrial Co., Ltd. and Changjiang Industrial Real Estate Co., Ltd. It is the third richest man in Hong Kong. Since 1999, he has been the richest man in China for 15 consecutive years.

On July 29, 1928, Li Ka-shing was born in a family in Chaozhou, Guangdong. At the age of 5, under the guidance of his father Li Yunjing, Li Ka-shing worshipped Confucianism and entered the Guanhaisi Primary School. On July 7, 1937, the Japanese invasion of China broke out. In 1938, the Japanese bombed Chaozhou. In June 1939, Li Ka-shing, who had just finished junior high school, was transferred to Hong Kong with his family. The family lived in the home of his uncle Zhuang Jing.

On December 8, 1941, the Pacific War broke out. On Christmas Eve, the British army in Hong Kong surrendered to the Japanese. The Hong Kong dollar has been depreciating constantly, prices have soared, and Li’s life has become more difficult. His father, Li Yunjing, was overly infected with lung disease at this time. In the winter of 1943, his father was seriously ill. In order to support his mother and three younger siblings, 14-year-old Li Ka-shing was forced to drop out of school and make a living. Li Ka-shing first became an elementary school student at the Zhongnan Watch Company in his uncle Zhuang Jing. In 1945, Japan surrendered in August. Li Ka-shing was transferred to a watch shop in Gaosheng Street as a clerk and learned the assembly and repair technology of watches. In 1947, Li Ka-shing went to a hardware factory to be a salesman and began his sales career. In 1948, due to his excellent sales performance, Li Ka-shing, 20, was promoted to the general manager of the plastic flower factory.

In 1950, Li Ka-shing, who was only 22 years old, founded the Changjiang Plastic Factory with a daily consumption of 7,000 US dollars. At the beginning of the factory, there was a quality accident, and Li Ka-shing spent the hard time under the encouragement of his cousin, Zhuang Yueming. In 1955, the Yangtze River Plastics Factory finally showed a turnaround, and production and sales were getting better. In 1957, Li Ka-shing read the new edition of the English version of "Plastic" magazine. He did not intend to see a message: An Italian company used plastic materials to make plastic flowers and was dumping it in the European and American markets. This news made Li Ka-shing realize that plastic flowers will also be popular in Hong Kong. So Li Ka-shing went to Italy to inspect. After returning to Hong Kong, he took the lead in launching a plastic flower and immediately became a hot-selling product. Li Ka-shing has developed a plastic flower in Hong Kong to fill the gap in the Hong Kong market. Li Ka-shing took a good and cheap sales route and set off a new trend in Hong Kong's consumption. The Yangtze River Plastics Factory has become a leader in Hong Kong's plastics industry from a small factory that is unknown.

At the end of 1957, Changjiang Plastic Factory was renamed Changjiang Industrial Co., Ltd. Li Ka-shing served as chairman and general manager. The factory is divided into two parts, one is still producing plastic toys and the other is producing plastic flowers. Li Ka-shing sees plastic flowers as a key product. Plastic flower has brought tens of millions of Hong Kong dollars of profit to Li Ka-shing, and Changjiang Plant has become the world's largest manufacturer of plastic flowers. Soon, he actively explored the world market and became the "plastic flower king." In 1958, Li Ka-shing built the first industrial building in the North Point of Hong Kong Island and officially intervened in the real estate market. In 1960, the second industrial building was built in Chai Wan. Li Ka-shing's career quickly became brilliant. In 1979, he purchased the old British-funded business bank “Hutchison Huangpu” and became the first Chinese to acquire a British-owned business.

Li Ka-shing was elected "Hong Kong Man of the Year" in 1981. In 1989, he was awarded the CBE honours by the Queen of England. In 1992, he was appointed as a Hong Kong consultant. In 1993, he was a member of the Preparatory Committee of the SAR from 1995 to 1997. Since being named the world's richest man by Forbes in 1999, Forbes has been the richest man in the world for 15 consecutive years. In 2014, Forbes magazine published the ranking of the world's richest people. Li Ka-shing's total net worth is as high as 31 billion US dollars, ranking the richest in Asia and ranking 20th in the world. In late March 2015, Li Ka-shing's Hutchison Whampoa and Spain's telecom company Telefonica reached a final agreement, and Hutchison Whampoa Co., Ltd. spent about 10.25 billion pounds to acquire the UK's second largest mobile telecommunications operator O2. Lee’s business empire has total assets of HK$390 billion in the UK, including three ports, three chain stores, one mobile operator, one railway group, one regional grid company, two regional gas companies, and one running water. the company.

Li Ka-shing said that the emphasis on making money is not as good as donating money. He described the Li Ka-shing Foundation as his third son. In the concept of wealth passed down from generation to generation, the fund is also a "successor". Since the foundation was founded in 1980, Li Ka-shing has donated HK$14.5 billion to it. For wealth, Li Ka-shing said: One night many years ago, he tossed and turned to the other side. In the end, he suddenly realized that he regarded the foundation as the third son, so that he would wholeheartedly protect and distribute the property to the fund. Resources, implement all public welfare projects. Since the foundation of the foundation, the donor is only Li Ka-shing, who donated money in the Mainland. He refused all the buildings to be named after him. On September 8, 2015, Hurun’s 2015 Chinese Charity Report was released: Li Ka-shing was at the top of the list. The data shows that the "Li Ka Shing Foundation" has so far donated more than 15 billion Hong Kong dollars, mainly supporting education and medical public welfare projects, of which 87% are used in Greater China. Li Ka-shing donated more than 5 billion yuan to his hometown to establish Shantou University, and Li Ka-shing Foundation also donated money to establish Cheung Kong Business School.

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