No: 16 billionaire-2009
by saranya[ Edit ] 2010-03-08 15:49:34
Net Worth:$16.2 bil
Fortune:self made
Source:diversified
Age:80
Country Of Citizenship:Hong Kong
Residence:Hong Kong
Industry
iversified
Education:High School, Drop Out,
Marital Status:widowed, 2 children
"Superman's" net worth is down $10 billion in the past year as stock of his publicly traded conglomerates Cheung Kong and Hutchison Whampoa tumbled. The 2 companies are about to start construction on a property project in Shanghai. HW's retail group plans to open 120 stores in China in 2009. Through the 2 companies, Li is world's largest operator of container terminals, world's largest health and beauty retailer by number of outlets, a major supplier of electricity to Hong Kong and a real estate developer. His second-largest holding: Canadian oil firm Husky Energy, which cut spending by almost a third for 2009. Charitable foundation recently raised $510 million by selling 40% of its stake in Bank of China. Avid golfer plays almost every day; reportedly sank his 15th hole-in-one in September. Poor immigrant sold plastic flowers in Hong Kong in the 1950s. Eldest son, Victor, helps him run businesses; son Richard struck out on his own in early 1990s and is a billionaire in his own right.
