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Li Ka-shing
#36

Li Ka-shing

Source of wealth: Diversified

Net Worth

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Earnings per second

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Biography

Nicknamed Superman, Li Ka-shing is revered as one of the most influential businessmen in Asia.

Li retired as chairman of CK Hutchison Holdings and CK Asset Holdings in 2018 but remains senior advisor.

His son Victor now heads the conglomerate, which has more than 300,000 employees and operates in more than 50 nations.

Li started Cheung Kong Plastics, named after the Yangtze River, in 1950 at age 21 with $6,500 in savings and loans from relatives.

His Li Ka Shing Foundation has donated more than $3.8 billion; over 80% has gone to Greater China.

Perspective on their fortune

Gold

Everyday luxury

Gold bar

A Li Ka-shing's fortune is equivalent to 338 of gold, but this may be difficult to value, as we don't usually have a handful of gold bars in our piggy bank.

Gold rings

A standard gold ring typically weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18k gold.

Based on today's gold price (not taking into account the jeweler's fee, shipping, or anything else), that gold ring would be worth $556.3

Li Ka-shing could buy 90,084,492 gold rings. That's a lot of fingers and a lot of gifts!!

And if the number of rings is difficult to visualize, all these rings would need 16 trucks to transport them, But we can be almost certain that Li Ka-shing will have enough left over to pay for the gas for those trucks.

🚚 🚚 🚚 🚚 🚚 🚚 🚚 🚚 🚚 🚚 🚚 🚚 🚚 🚚 🚚 🚚
While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.
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Health

The price of life

Let's compare Li Ka-shing's fortune with the healthcare spending of a huge country

Li Ka-shing could fund the entire healthcare system of DR Congo with a population of over 105,800,000 of inhabitants for approximately 22.6 years.

But even if we compare their fortune to that of a rich country

At the other extreme, Li Ka-shing could cover the health expenditure of Luxembourg, considered the world's most heavily invested health system, for 10.0 years

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Education

Buying the future

Lowest education spending

Li Ka-shing could assume the entire cost of the education system of Nigeria, the most populous country in Africa, with more than 243,000,000 inhabitants for 14.7 years.

Highest education spending

But not only could he assume the cost of a poor country, Luxembourg is considered the country with the highest per capita investment in education in the world, Li Ka-shing could pay for it in full for 20.0 years.

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Research

The monopoly of progress

Lowest research spending

Li Ka-shing could fully fund the state research budget of Pakistan, the fifth most populous country in the world with more than 260,000,000 of inhabitants, for 84.4 years.

Highest research spending

But even if we compare the total wealth of Li Ka-shing with Israel, the country that currently invests the most per capita in research in the world, it could assume the total cost of the system for 1.9 years.

Financial Assets

Exchange
NASDAQ
Ticker
CELH-US
Company
Celsius Holdings
Exchange
NYSE
Ticker
CVE-US
Company
cenovus energy - Common Stock
Exchange
HONG KONG
Ticker
1113-HK
Company
CK Asset Holdings
Exchange
HONG KONG
Ticker
1-HK
Company
CK Hutchison
Exchange
HONG KONG
Ticker
1038-HK
Company
CK Infrastructure Holdings
Exchange
TORONTO
Ticker
HSE-CA
Company
Husky Energy Inc.
Exchange
HONG KONG
Ticker
215-HK
Company
Hutchison Telecommunications Hong Kong Holdings Ltd.
Exchange
TORONTO
Ticker
NXE-CA
Company
NexGen Energy, Ltd
Exchange
HONG KONG
Ticker
1658-HK
Company
Postal Savings Bank of China
Exchange
NASDAQ
Ticker
ZM-US
Company
Zoom Video Communications

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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