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22. Li Ka-shing
Forbes
Title: Chairman, CK Hutchison Holdings
Country: China
Age: 87
Despite humble beginnings, business magnate Li Ka-shing has become the wealthiest man in Hong Kong, with a net worth estimated atmore than $21 billion. After his father died of tuberculosis, Li dropped out of school at age 16 to support his family, working in a factory making plastic flowers. Six years later he opened his own factory, the predecessor to what’s known today as CK Hutchison Holdings, a vast business empire with interests in real estate, manufacturing, energy, telecommunications, and technology. A savvy investor, Li with his venture-capital fundHorizon Ventures has backed companies like Facebook, Skype, Spotify, and the egg-replacement food startup Hampton Creek.
This year Li reorganized his business affairs under two new listed companies, one entity for property holdings and another for all other global assets. The move is most likely in preparation to hand over control of his empire to his son, but the 87-year-old doesn’t have any plans of slowing down quite yet.
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