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Li Ka-shing considers the Li Ka Shing Foundation to be his "third son" and has pledged to donate one-third of his assets to support philanthropic projects. He has called for other Asian entrepreneurs to do the same, in the hope of altering the traditional notion of passing wealth through lineage. [1]
In January 2005, Li announced plans to sell his CA$1.2 billion stake in the Canadian Imperial Bank of Commerce, with all proceeds going to private charitable foundations established by Li, including the Li Ka Shing Foundation in Hong Kong and the Li Ka Shing (Canada) Foundation based in Toronto, Ontario. [51]
William and Flora Hewlett Foundation United States: Menlo Park, California: $8.7 billion 1967 [29] 26 Li Ka Shing Foundation Hong Kong: Hong Kong: $8.3 billion HK$64.4 billion 1980 [30] 27 The Leona M. and Harry B. Helmsley Charitable Trust United States: New York City: $8.3 billion 1999 [31] 28 W. K. Kellogg Foundation Trust United States
Hong Kong's richest man Li Ka-shing will donate HK$1 billion ($128 million) to support local small and medium sized businesses, his foundation said on Friday, a move that comes as the city's ...
Li Ka Shing was the largest foreign shareholder in the bank for over two decades, but in early 2005 he sold his portion (est. CA$1.2 billion) to establish a Canadian charity, the Li Ka Shing Foundation. CIBC was Li's choice for financing many of his Canadian ventures, like Husky Energy. Li had reportedly backed personal and commercial banking ...
Apollo Global Management, Canada Pension Plan Investment Board, Huatai Securities, Li Ka Shing Foundation, Metro Pacific Investments and Pacific Century Group [1] Number of employees 6,100 (2021 [ 1 ] )
In 1986, Hong Kong-based Li Ka-shing acquired 43% of Husky, and in 1991 he purchased NOVA's remaining interests, expanding his stake to 95%. [10] In 1998, Husky purchased Mohawk Oil, the largest independent chain of consumer filling stations in Western Canada. [11] In 2000, the company acquired Renaissance Energy, controlled by Li Ka-shing. [12]
The Li Ka-shing Family refers to a wealthy family based in Hong Kong but with business interests worldwide. The family empire was started by Li Ka-shing , a wealthy Hong Kong entrepreneur who has long been Hong Kong's wealthiest individual and one of the wealthiest in the world.