What is Li-Ka Shing’s net worth?

The latest net worth of Li-Ka Shing is predicted to be at $31 billion as of November 2022.

Li-Ka Shing’s net worth is estimated to be $31 billion as of November 2022.

Hong Kong businessman, philanthropist, and investor Sir Li Ka-Shing. Ka-Shing is the senior adviser for CK Hutchison Holdings and the 23rd richest man in the world.

The largest health and beauty retailer in Europe and Asia is operated by Li Ka-Shing, the world’s leading port investor.

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Early Life, Birthday and Parents of Ki-Ka Shing

On July 29, 1928, Li Ka-Shing was born in Chaozhou, China. His father oversaw a neighborhood primary school, and his family was of humble means.

Ka-Shing grew up in China during a time of intense political unrest. Following the Japanese invasion of China in 1940, his family made their way to Hong Kong.

When Ka-Shing was 15 years old, his father fell ill with TB and eventually passed away in agony.

Professional Career of Li-Ka Shing

Li established a plastic manufacturing business in Hong Kong in 1950 using his own resources and money he borrowed from family members. Before deciding to offer plastic flowers of the highest caliber and at competitive prices to the entire world, he perused trade journals and business news.

He made the decision to buy a plot of land and construct his own factory building eight years later. People fled to Hong Kong as a result.

Li purchased land from the emigrating inhabitants at a discount because he thought the political situation would pass quickly and real estate prices would soon increase.

He gave his real estate the name “Cheung Kong Holdings” in 1971. Li has repeatedly proclaimed his intention to overtake Hongkong Land, which is held by Jardines.

The business experienced great success, and in 1984 it also changed its legal residence from Hong Kong to a different British overseas territory.

Li-Ka Shing’s net worth is predicted to be at $31 billion as of November 2022.

Li-Ka Shing Highlights

Here are a few of Li Ka-greatest Shing’s achievements:

• Knight Commander (2000)
• Grand Bauhinia Medal (2001)

What are the famous quotes by Li-Ka Shing?

“You can believe in Fung Shui if you want, but ultimately people control their own fate. The most important thing is to improve yourself and give it your best. Then many things previously thought to be impossible will become possible.” – Li-Ka Shing 

“Times were really tough in the beginning. When I started my business in 1950, I only had HK$50,000, so I was in a tight spot financially.” – Li-Ka Shing 

“I was already keeping an eye on the political developments within China, and I also had a firm grasp on economics, industry, management and the latest development and productions of the plastics industry. Not many people in Hong Kong at that time were aware of the potential. It was still quite new.” – Li-Ka Shing

“Doing business may be tough, but I am willing to learn, to innovate, and to work hard, which are the reasons why my business can continue to grow. We focus on our core competencies while looking for new areas for expansion. New businesses sometimes fail, and sometimes succeed. But the ones that succeed can be very profitable. This has been my experience. Setbacks and difficulties are ways to build character.” – Li-Ka Shing 

“First of all, I am an optimist. When you study hard and work hard, your knowledge grows, and it gives you confidence. The more you know, the more confidence you gain. When I was 10 years old, I lost my schooling, but I still had plenty of hope to return to school.” – Li-Ka Shing

“Despite my achievements, I can still remember poverty. I told my children and grandchildren that ‘The fruit that you eat will never taste as beautiful as the fruit that I ate during the turmoil of war. You will never cherish it as much as I do.” – Li-Ka Shing 

3 Rules for Success in Business from Li-Ka Shing

Let’s look at some of the things we can learn from Li Ka-Shing now that you are fully aware of his achievements and net worth:

1. Be ready.

When opportunity knocks, you will be more prepared the more you know. If you are slothful and pass the time away, you would not be able to seize opportunities even if they were there in front of you. Always be ready.

2. Our biggest strength is our vision.

Perhaps our biggest asset is our vision. It allows us to look into the future and gives the unknowable form, keeping us aware of the strength and continuity of thought across the ages.

3. Recognize your company.

You must be completely familiar with and knowledgeable about your line of work. Otherwise, your business would only exist today and disappear tomorrow.

Questions and Answers

How much is Li-Ka Shing worth?

According to estimates, Li-Ka Shing is worth $31 billion.

What is Li-Ka Shing’s age?

Li-Ka Shing, who is currently 94 years old, was born on July 29, 1928.

What is Li-Ka Shing’s height?

Li-Ka Shing stands 1.73 m tall, or 5 feet 8 inches.

Summary

The wealthiest person in China is Li-Ka Shing, and his business has influenced businesspeople and entrepreneurs around the world.

Li-Ka Shing’s net worth is predicted to be at $31 billion as of November 2022.