Chapter 312: Hide the Rich!
The wealthy Li family.
Although Li Ka-shing has not become the richest man in China or the richest man in Asia again in these years, everyone knows that Li Ka-shing has hidden his wealth, and he has given up his position to those young people.
Think about it with your brain, how much wealth Li Ka-shing has hidden.
Someone else's company, a large listed company can be on the rich list, and those smart people who are not confused by the media know that the wealth of the Li family is definitely far greater than those on the so-called rich list.
When mentioning China's richest man, everyone will mention Ma Qu, Wang Jianlin, Xu Jiayin, etc., and Li Ka-shing in the early years seems to have been forgotten by everyone for a long time. In fact, Li Ka-shing is currently in fifth place on the rich list, with about $31.3 billion.
Many people don't understand, isn't he the god of management among the Chinese, he is not focused on real estate, there are assets all over the world, how can he be so far behind? Doesn't it mean that he is about to buy the whole of the United Kingdom? Why is he so rich?
In 1950, at the age of 22, Li Ka-shing founded "Cheung Kong Industrial Co., Ltd.", initially dealing in plastic products. Because the Yangtze River is a great river in China that does not choose a trickle and gathers hundreds of rivers, Li Ka-shing is convinced that it is easy for everyone to move and unite as one, so he named the company "Yangtze River". This became the starting point and foundation of Li Ka-shing's future career, and the name Yangtze River has been used to this day.
Today, Cheung Kong and Cheung Kong Infrastructure are the two flagship enterprises of Li Ka-shing's wealth, and Li Ka-shing also owns famous enterprises such as Hutchison Whampoa. Li Ka-shing's industries can be mainly divided into, real estate, energy, technology, telecommunications, retail, transportation, etc., almost all of which we can see, Li Ka-shing participates. He operates in 56 countries around the world. This gives him a very good risk resilience, and he will not have much impact on which economy in the world is declining.
Currently, Li Ka-shing has invested in 48 ports in 25 countries, including port facilities at both ends of the Panama Canal. From Watsons in Asia to Kruidvat in Europe, Li Ka-shing's retail division has 12,000 stores in 25 markets.
At present, 39% of the main profits of Li Ka-shing's business empire come from Europe, with the United Kingdom being the main front. The total assets of Lee's business empire in the UK are as high as 390 billion Hong Kong dollars, including 3 ports, 3 chain stores, 1 mobile operator, 1 railway group, 1 regional power grid company, 2 regional gas companies, and 1 water company.
Since 1986, when Li Ka-shing bought more than half of the interests of Canada's Husky Oil, the overseas investment journey of the Lee business empire has never stopped, in 1996 the orange telecommunications company was listed in the United Kingdom, in 2010 Cheung Kong Infrastructure acquired the British Power Grid Company for 9.1 billion US dollars, and in February of that year, it acquired the third largest mobile communications company in Austria, and in 155 billion Hong Kong dollars to acquire the British power grid, water, Gas assets, including the acquisition of 3G communication business in Austria for 1.3 billion euros, the acquisition of power plant assets in Canada for 718 million Hong Kong dollars, and the purchase of Dutch energy company for 9.7 billion Hong Kong dollars......
So far, the overseas territory of Lee's business empire has spread to Europe, the Cayman Islands, Asia and other countries and regions. Among them, its investment in the United Kingdom has been described as "buying the whole of the United Kingdom".
With a number of European projects being bought at lower prices, Lee's overseas investments have also been dubbed "bottom-buying". In European countries such as Ireland, Austria and Italy, there are investments in telecommunications business, and in the Netherlands, there is chain store business.
While buying Europe and shrinking Hong Kong and the mainland, Li Ka-shing has not given up on Asia. Hong Kong remains Lee's home base, with huge operations in South Korea, China and Japan.
Although he comes from a traditional industry, Li Ka-shing has also made a lot of money in the technology industry, having invested in Facebook twice and now owns a 4.5% stake in Facebook. Li Ka-shing once said that Facebook is a very good company, which can be used for a long time, and his vision is indeed very unique, and now Facebook's market value has exceeded 500 billion US dollars, and this investment alone has earned more than 20 billion US dollars.
It can be said that Li Ka-shing's only Facebook stock is close to the value of Jack Ma's Alibaba shares. So why does Li Ka-shing have so many assets, but he only has a wealth of more than 30 billion US dollars on the wealth list!!!
Li Ka-shing has 22 listed companies, as well as countless unlisted companies, in 2012 when the two sons were separated, everyone saw part of the face of his business empire, at that time Li Ka-shing can be said to be the richest man in the world, Bill Gates does not necessarily have so much money from him.
Li Ka-shing has invested in 48 ports in 25 countries, and Li Ka-shing's retail division has opened 12,000 stores in 25 markets. There are also British Power Grid Companies, etc., the industry is all over the world, and even Facebook has 4.5% of the shares, just relying on these 4.5% shares, there are more than 20 billion assets, how can there be a total of 31.3 billion US dollars announced on the rich list today?
If you really believe it, then you are drunk.
Li Ka-shing has hidden his wealth.
In 2010, the Li Ka Shing Foundation disclosed that it owned the assets of many companies such as AVIC, Zhixiang Real Estate, C&T, Changjiang Life, Huaneng International, Excel Technology, Xingqian Chemical, Hongfu Industry, Shengli Beer, Shougang Sifang, Shougang International, Shougang Technology and Sinopoly Battery.
Later, Li Ka-shing also donated Facebook shares and one-third of the income rights of the Li Ka-shing Trust Fund he held to the Li Ka-shing Foundation. This part of the wealth can be called huge, and it can be said that this part of the wealth alone has surpassed the net worth of any entrepreneur in the Chinese world.
Later, he divided his family property into 4 points, and it was already evident when he separated his son in 2012 that all the wealth of the Li family was packaged into the Li Ka Cheng Trust Fund, and the ownership of this trust fund is currently two-thirds in the hands of Li Zeju and one-third in the hands of Li Ka-shing.
In addition, Li Ka-shing donated more than 15 billion yuan in cash, the largest number in the Chinese community.
is obviously the richest, but it is not very conspicuous on the list, which is also the character of Chaoshan people, low-key and pragmatic, not famous, not prominent. If it is really counted, it is estimated that the richest man in the world is possible.
There was a knock on the study door.
Li Ka-shing got up.
Open the door.
Seeing the old man Li Ka-shing smiling kindly, Xi Ming stretched out his hand.
It's still the same humble look.
Xi Ming once again shook hands with the old man who had stood in the business world for more than half the world.
"Mr. Rhino is a very powerful young man, and his visit to the humble house has made my little study full of brilliance. Li Lao's words made Xi Ming a little cramped and uneasy, which made him embarrassed, you must know that this was praised by Li Chaoren.
But as soon as his mind was slightly calm, Xi Ming didn't think so, this is just Li Ka-shing's communication routine.
It's not a sincere compliment, but it becomes clear immediately.
"Li Lao, you are the most powerful person, your way of hiding wealth has confused most of the people in this world, how did you do it, and the younger generations need to learn more from you?"
Now Li Ka-shing is a living legend, they all say that it is a legend, people are old, they are already a rotten knife, and he is now young, but he is a sharp knife, playing the kind of empty head and brain, and he can't play with others at all, it is better to get straight to the point and defend well!