A Hong Kong is a businessman
and philanthropist, he is one of the richest in Asia. As of 2015, Li Ka-shing
has a net worth of US $ 33.5 billion. Born to poor parents in mainland China,
he lost his father at the young end, this led to him having to start work at
the age of 15. He first worked in a plastics trading company. After gaining
valuable experience working in the plastics industry, Li Ka Shing may establish
their own business, named Cheung Kong plastics company in year 1950.
He has a wide network of
business partners. He has used these networks to obtain loans from the
financial capital of its partners to buy its first factory in 1958. Over the
following years he changed the company's focus on plastic he eventually turned
into a real estate development and management company. Business is booming in
recent years and the company is renamed Cheung Kong Holdings. It was listed on
the Hong Kong Stock Exchange.
He developed his business by
taking over the Hutchison Whampoa of HSBC in 1979. It added that the various
industries with its existing business.
He runs an investment in
container port facilities around the world, including in Hong Kong, Canada,
China, United Kingdom, Rotterdam, Panama, Bahamas and many others. This shows
he can expand his business to countries outside of the country he has a good
network of partners.
He has been involved in
various business sectors such as real estate, ports, electricity,
telecommunications and the Internet.
Finally, Li Ka Shing
cleverly uses its network to expand its business abroad. This could prove an
entrepreneur must possess a series of running a business in this market.
Although one of the richest individuals in the world, he is known for being
simple to practice a frugal lifestyle.
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