
Reported net worth
$31.00B
Source: Celebrity Net Worth · verified Oct 12, 2026
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Li Ka-shing was born in 1928 in Chaozhou, China, and migrated to Hong Kong in 1940. Following the death of his father, Li left school at the age of fifteen to support his family, working in a plastics trading company. His early experiences in labor and commerce provided him with a profound understanding of the retail environment and the importance of operational efficiency.
In 1950, Li founded his own company, Cheung Kong, which initially manufactured plastic flowers. The venture proved highly successful, and Li utilized the profits to invest in Hong Kong real estate during a period of significant market volatility. This shift into property development established the base of his long-term financial stability and served as a catalyst for his move into broader commercial interests.
Throughout the 1970s and 1980s, Li orchestrated a series of high-profile acquisitions that transformed his business into a massive conglomerate. He gained control of major firms, including Hutchison Whampoa and Hongkong Electric, which diversified his portfolio into telecommunications, container terminals, energy, and retail. His ability to navigate complex business environments and integrate vast supply chains made him one of the most influential figures in Asian commerce.
Li became known as a pragmatic leader with a conservative approach to debt and a cautious outlook on global expansion. His business dealings spanned across Europe, North America, and Asia, making his firms vital components of global infrastructure. He maintained a strong public profile as a symbol of Hong Kong's economic ascent and the archetype of the self-made entrepreneur in the twentieth century.
In 2018, at the age of 89, Li Ka-shing retired from his positions as chairman of CK Hutchison Holdings and CK Asset Holdings, handing the reins to his eldest son. Despite his formal retirement, he remains a senior advisor and continues to oversee the Li Ka Shing Foundation, which directs his significant philanthropic investments. He is widely recognized as one of the most successful and enduring business leaders in modern history.
1950
Founded Cheung Kong Plastics
Li Ka-shing established Cheung Kong Industries in Hong Kong, starting with plastic manufacturing before expanding into real estate.
1972
Public Listing of Cheung Kong
Cheung Kong Holdings was officially listed on the Hong Kong Stock Exchange, significantly increasing his capital and investment reach.
1979
Acquisition of Hutchison Whampoa
Li Ka-shing acquired a controlling stake in Hutchison Whampoa from HSBC, becoming the first Chinese businessman to control a major British-owned Hong Kong conglomerate.
1980
Founded the Li Ka Shing Foundation
He established his flagship philanthropic organization, pledging to donate a significant portion of his wealth to education and healthcare initiatives worldwide.
1999
Sale of Orange to Mannesmann
Hutchison Whampoa sold its UK mobile telecom operator Orange to Mannesmann for approximately $15 billion, securing one of the largest corporate profits in Hong Kong history.
2015
Corporate Restructuring
He executed a massive restructuring of his business empire, reorganizing his assets into two new publicly traded entities, CK Hutchison Holdings and CK Asset Holdings.
2018
Retirement from Chairmanship
Li Ka-shing officially retired as chairman of CK Hutchison and CK Asset Holdings at the age of 89, handing leadership to his eldest son, Victor Li.
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