Li Ka-shing
Li Ka-shing | Senior Advisor, CK Hutchison Holdings | $35.5B as of 6/26/24
Li Ka-shing, often dubbed "Superman" in Hong Kong, is a legendary businessman and philanthropist. As the founder of Cheung Kong Holdings, he has built a vast empire encompassing real estate, retail, and infrastructure, making him one of the most influential and wealthy individuals in Asia.
Personal Information
Full Name: Li Ka-shing
Name in the language of origin: 李嘉誠
Date of Birth: July 29, 1928
Place of Birth: Chaozhou, Guangdong, China
Zodiac: Leo
Marital Status and Family: Widower. His late wife, Chong Yuet Ming, passed away in 1990. He has two sons: Victor Li Tzar-kuoi and Richard Li Tzar-kai.
Background and Early Life
Family Background: Li Ka-shing's family faced financial difficulties during his early years. His father, a primary school principal, passed away when Li was just 15.
Ancestry: Chinese, with roots in Chaozhou, Guangdong Province.
Early Influences: The hardships following his father's death forced Li to leave school and start working to support his family.
Has Been Influenced By: Entrepreneurs and business leaders in Hong Kong and China.
Books that Impacted the Most: No specific books are widely documented, but he is known to value traditional Chinese wisdom and business strategies.
Educational Background
Education: Li Ka-shing dropped out of school at a young age to support his family. He is largely self-taught and built his knowledge through experience and observation.
Professional Career
Current Occupation: Chairman Emeritus of CK Hutchison Holdings and CK Asset Holdings. CK Hutchison Holdings
Career History:
Started as a plastic manufacturer in the 1950s.
Founded Cheung Kong Industries in 1950, which later became Cheung Kong Holdings.
Expanded into real estate, infrastructure, and retail through acquisitions and strategic investments.
Career Milestones
Key Achievements:
Built one of the largest conglomerates in Asia, spanning multiple industries.
Successfully led the merger of Cheung Kong Holdings with Hutchison Whampoa.
Innovations and Contributions:
Pioneered the concept of affordable housing in Hong Kong.
Expanded internationally, making strategic investments in global markets.
Industry Impact:
Set standards for corporate governance and operational efficiency in Hong Kong.
Significant influence on Hong Kong's real estate and infrastructure development.
Net Worth and Assets
Estimated Net Worth: Approximately $35 billion (as of 2023).
Key Assets: Holdings in CK Hutchison Holdings, CK Asset Holdings, and other investments.
Investments: Real estate, telecommunications, utilities, ports, and retail.
Stock Records: CK Hutchison Holdings (Ticker: 0001.HK), CK Asset Holdings (Ticker: 1113.HK).
Business Interests
Primary Business: CK Hutchison Holdings and CK Asset Holdings.
Other Ventures: Investment in tech startups, telecommunications (Hutchison Telecommunications), and various other sectors through Horizons Ventures.
Leadership Style and Business Philosophy
Leadership Approach: Pragmatic, visionary, and hands-on with a focus on long-term growth and sustainability.
Business Philosophy: Emphasizes integrity, innovation, and resilience. Believes in creating value through diversification and strategic investments.
Philanthropy and Social Contributions
Charitable Donations: Over $3.3 billion donated to various causes, including education, healthcare, and disaster relief.
Foundations and Initiatives: Li Ka Shing Foundation.
Philanthropic Goals: To support education, medical research, and disaster relief.
Environmental Stewardship: Invests in sustainable technologies and renewable energy.
CSR: Strong commitment to corporate social responsibility through various charitable activities and sustainable business practices.
Lifestyle and Interests
Main Residence: Hong Kong.
Personal Values: Integrity, hard work, and humility.
Hobbies and Interests: Reading, calligraphy, and Chinese poetry.
Social Circles: Primarily business and philanthropic circles in Hong Kong and China.
Membership in Private Clubs and Social Organizations: Information not widely available due to his private nature.
Associates
Business Partners:
Victor Li Tzar-kuoi: His elder son, currently Chairman of CK Hutchison Holdings.
Richard Li Tzar-kai: His younger son, a prominent businessman in telecommunications and media.
Canning Fok: Long-time executive and close associate in CK Hutchison Holdings.
Frank Sixt: Group Finance Director and Executive Director at CK Hutchison Holdings.
Lee Shau Kee: Hong Kong property tycoon and long-time friend.
Li & Fung Ltd.: Partner in various business ventures.
HSBC: Banking partner for various financial operations.
Hutchison Whampoa Limited: Former flagship company.
Goldman Sachs: Advisor and investment partner.
Temasek Holdings: Investment partner.
Close Friends:
Sir Run Run Shaw: Media mogul and philanthropist.
Sir Li Ka-shing: No confirmed close friendships are widely documented due to his private nature.
Political and Social Influence
Political Affiliations: Maintains a neutral public stance; no significant political affiliations are widely known.
Advocacy: Advocates for education, medical research, and disaster relief through philanthropy.
Significant Political Statements: Known for his emphasis on integrity and ethical business practices.
Future Plans and Projects
Upcoming Ventures: Continued expansion in technology and sustainable investments through Horizons Ventures.
Forecasts: Predicts growth in technology and sustainable business sectors.
Legacy: Aims to be remembered for his contributions to business and philanthropy, particularly in education and healthcare.
Available Data on Possessions
Yachts: No publicly available records on yacht ownership.
Private Jets: Uses private jets for business travel; specific brands/models not publicly disclosed.
Cars: Prefers luxury brands; specific details not publicly disclosed.
Art: Known to support cultural initiatives but specific art collections are not publicly detailed.
Real Estate and Residences: Significant real estate holdings, particularly in Hong Kong.
Collectables: No specific information available.
Expensive Accessories: Known for a taste for luxury but specific details not publicly disclosed.
Public Persona and Influence
Media Presence: Minimal media presence; prefers to keep a low profile.
Public Speaking: Rarely engages in public speaking.
Public Appearances: Attends business and philanthropic events privately.
Recognition and Awards: Recognized for his contributions to the business world and philanthropy.
Media Search Results for Li Ka-shing
Biographical Books
Li Ka-Shing: Hong Kong's Elusive Billionaire by Anthony B. Chan. This biography details Li Ka-shing's journey from his humble beginnings to becoming one of the world's richest individuals.
Li Ka-Shing and Cheung Kong Holdings: A biography of one of China's greatest entrepreneurs by Yan Qicheng. This book explores Li Ka-shing’s significant influence and his role in shaping Cheung Kong Holdings.
Controversies and Legal Issues
Controversies
Li Ka-shing has faced various controversies, particularly regarding his business strategies and influence in Hong Kong. His significant investments and political connections have led to public debates about his influence on Hong Kong's economy and society. Critics argue that his business decisions sometimes prioritize profit over social responsibility, especially concerning property prices and housing developments.
Legal Issues
Li has managed to avoid major legal troubles personally. However, his businesses have faced legal challenges, particularly regarding regulatory compliance and competition laws. For instance, his acquisition strategies have sometimes come under scrutiny for potentially reducing market competition.
Scandals
While Li Ka-shing himself has not been involved in personal scandals, his companies have faced scrutiny. For example, Hutchison Whampoa's dealings in various international markets have occasionally attracted negative attention due to perceived aggressive business tactics.
Allegations
Allegations against Li often stem from his significant market influence and the perceived monopolistic tendencies of his conglomerates. Critics argue that his business practices sometimes limit competition and negatively impact consumers.
Criticisms
Li Ka-shing has been criticized for his role in driving up property prices in Hong Kong, making housing unaffordable for many residents. His strategic shifts in investment away from Hong Kong to overseas markets have also led to accusations of him not supporting the local economy enough.
Public Conflicts
Li has had public disagreements with other business leaders and political figures, particularly over issues like property development and market regulation. These conflicts often highlight the tension between economic growth and social equity in Hong Kong.
Curious Information
Little-known Biography Facts
Li Ka-shing was born on July 29, 1928, in Chaozhou, China. He moved to Hong Kong in 1940 and began working in a plastics factory at age 15.
Despite his wealth, Li is known for his frugal lifestyle and personal discipline. He wakes up at 5 a.m. every day and maintains a simple diet.
Unusual Experience
Li Ka-shing built his empire from a small plastic manufacturing business he started in the 1950s, which produced plastic flowers. This venture laid the foundation for his later successes in real estate and conglomerates.
Gossip and Rumors
Rumors about Li often revolve around his business moves and potential retirement plans. Despite stepping down from day-to-day operations, speculation continues about his influence in the companies he founded.
Mentions in Conspiracy Theories
Li Ka-shing has occasionally been mentioned in conspiracy theories, particularly those involving large-scale financial manipulation and political influence. These theories often exaggerate his control over Hong Kong's economy and politics.
Psycho-Emotional Profile of Li Ka-shing
Emotional State and Mood
Assessment of Current Mood: Li Ka-shing's current mood appears to be content and reflective. His extensive philanthropic efforts and continued involvement in business, despite his age, suggest a sense of fulfillment and purpose. He remains optimistic about the future and dedicated to giving back, indicating a generally positive emotional state.
Evaluation of Mood Stability: Li exhibits high mood stability. Over decades of business leadership and numerous economic cycles, he has maintained a consistent and composed demeanor. His ability to navigate through challenges without significant emotional fluctuations reflects this stability.
Predominant Emotions:
Contentment: Evident from his philanthropic activities and satisfaction with his business achievements.
Determination: Demonstrated by his ongoing commitment to business innovation and societal contributions.
Personality Traits
Key Personality Traits:
Introversion/Extroversion: Predominantly introverted, as indicated by his reserved nature and preference for a low public profile, yet he effectively engages in public speaking and networking when necessary.
Agreeableness: High, shown through his charitable efforts and positive relationships within the business community.
Conscientiousness: Extremely high, as reflected in his meticulous approach to business and philanthropy.
Assessment of Temperament:
Resilient: His ability to overcome early life hardships and build a business empire demonstrates resilience.
Strategic: Long-term planning and strategic investments underscore a thoughtful and calculated temperament.
Stress Levels and Coping Mechanisms
Measurement of Current Stress Levels: Moderate, considering the responsibilities associated with managing vast business interests and philanthropic initiatives. However, his composed public image suggests effective stress management.
Sources of Stress:
Managing the complexities of a global business empire.
Navigating regulatory and market changes.
Analysis of Coping Strategies:
Problem-Solving: Utilizes strategic planning and innovation to address challenges.
Philanthropy: Engaging in philanthropic activities provides a sense of fulfillment and reduces stress.
Self-Esteem and Self-Concept
Evaluation of Self-Esteem Levels: High self-esteem, evidenced by his confidence in business decisions and the pride he takes in his philanthropic efforts. His public recognition and success further bolster his self-esteem.
Understanding of Self-Concept and Self-Image: Li Ka-shing views himself as a visionary entrepreneur and dedicated philanthropist. His self-concept aligns with his role as a transformative figure in business and a benefactor to society.
Interpersonal Relationships
Examination of Relationship Quality: Maintains strong professional and personal relationships. His interactions with family, business associates, and charitable organizations indicate positive and collaborative relationships.
Identification of Social Support Networks: Includes family members, key executives within his companies, and extensive networks in the philanthropic sector.
Behavioral Patterns
Identification of Behavioral Tendencies:
Risk-Taking: Exhibits calculated risk-taking necessary for innovative business decisions and strategic investments.
Routine Behaviors: Likely follows structured routines to manage his responsibilities effectively.
Observation of Maladaptive Behaviors: No significant maladaptive behaviors reported. His strategic responses to challenges suggest adaptive and effective coping mechanisms.
Psychological Well-being
Assessment of Overall Well-being: Li’s psychological well-being appears positive, supported by his professional success and active engagement in meaningful activities. His proactive approach to problem-solving and commitment to philanthropy contribute to his overall life satisfaction.
Identification of Mental Health Symptoms: No notable symptoms of mental health conditions have been reported. His ability to manage a high-stress environment suggests strong mental health.
Cognitive Functioning
Evaluation of Cognitive Abilities: High cognitive functioning, evidenced by his strategic vision for his businesses and his innovative practices. His problem-solving skills and deep understanding of market dynamics are key strengths.
Assessment of Thought Patterns: Analytical and strategic, with a focus on long-term growth and sustainability. His thought patterns reflect a deep understanding of economic and business landscapes.
Past Experiences and Trauma
Exploration of Significant Life Events:
Career Beginnings: Early involvement in his family’s business provided a solid foundation for his entrepreneurial ventures. He started working at a young age after his father’s death, which instilled a strong work ethic and resilience.
Personal Challenges: Managing the growth and ethical challenges of his business empire, especially during economic downturns.
Impact of Trauma: These challenges likely reinforced his resilience and strategic thinking, shaping his approach to business and leadership.
Motivations and Goals
Understanding of Personal Goals:
Business Growth: Aims to continue expanding his global business presence and influence in various industries.
Philanthropy: Focused on supporting various charitable causes, particularly in education and technology.
Assessment of Intrinsic and Extrinsic Motivators:
Intrinsic: Driven by a commitment to quality and a passion for innovation in business.
Extrinsic: Motivated by maintaining his business empire’s market leadership and public recognition of his contributions.
Physical Health and Its Impact
Evaluation of Physical Health: Generally good, allowing him to manage the demands of his role effectively. His continued active involvement in business and philanthropy suggests a level of physical fitness that supports his work.
Consideration of Psychosomatic Symptoms: No significant psychosomatic symptoms reported. His active lifestyle and ability to manage stress indicate good overall health.
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