Li Ka-shing $31 B 84 diversified Hong Kong
Asia's richest person Li Ka-shing added $5.5 billion to his fortune as shares of his biggest holdings, Cheung Kong, Hutchison Whampoa and Husky Energy, all jumped 10% or more. He scooped up another $860 million in dividends in 2012. At age 84, Li still oversees one of the world's most far-reaching empires with 260,000 employees in 52 countries. Li controlled companies bought British gas supplier Wales & West Utilities for $1 billion in October; his third utilities acquisition in the U.K. in 24 months. He now supplies gas to a quarter of all Brits. Last summer Li officially announced his succession plans, positioning his elder son Victor to take over management and control of the publicly traded assets. Son Richard, also a billionaire who runs his own businesses, will get cash and help on deals. The elder Li is also an investor in Facebook, Spotify, social TV platform Stevie, Kaiima, Everything.Me and Hola.org Kaiima, Everything.Me and Hola.org.
Asia's richest person Li Ka-shing added $5.5 billion to his fortune as shares of his biggest holdings, Cheung Kong, Hutchison Whampoa and Husky Energy, all jumped 10% or more. He scooped up another $860 million in dividends in 2012. At age 84, Li still oversees one of the world's most far-reaching empires with 260,000 employees in 52 countries. Li controlled companies bought British gas supplier Wales & West Utilities for $1 billion in October; his third utilities acquisition in the U.K. in 24 months. He now supplies gas to a quarter of all Brits. Last summer Li officially announced his succession plans, positioning his elder son Victor to take over management and control of the publicly traded assets. Son Richard, also a billionaire who runs his own businesses, will get cash and help on deals. The elder Li is also an investor in Facebook, Spotify, social TV platform Stevie, Kaiima, Everything.Me and Hola.org Kaiima, Everything.Me and Hola.org.
No comments:
Post a Comment