Expert Chaslau Koniukh
  • Biography
  • Analytics
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Market terminology
  • Stock Market
  • World exchanges
Li Ka Shing

Li Ka Shing: How can success be achieved without money and education?

08.10.2020
2 min read

One of Hong Kong’s richest men: Li Ka Shing

Li Ka Shing is one of Asia’s most influential businessmen and is one of Hong Kong’s richest people. A talented entrepreneur and philanthropist, he has achieved everything with his own work and no education. The phenomenon of Lee is extremely interesting and proves that anyone can succeed.
Li Ka Shing comes from a simple working family that settled in Hong Kong in 1940. At the age of 10, the boy fell ill with tuberculosis, and despite doctors’ worst predictions, he managed to get rid of the disease. However, his father died from the same disease and Lee became the main breadwinner of the family.
Not even having a secondary education, he had to earn a part-time job first and then work full time in a factory producing artificial flowers. He had to spend 16 hours painting and stamping products, which is unhealthy. However, such difficulties did not break Ka Shing, he attended evening school and tried to achieve success. After receiving his education, Li was saving up his money a little, dreaming to start his own business, and he succeeded. He started selling artificial flowers, and over time a small dot grew to Cheung Kong, which was engaged in manufacturing various plastic products. At the same time, Li Ka Shing not only managed the company, but also ran the accounting department and was involved in production.
Cheung Kong has become a successful company and entered the world arena, supplying products to the United States and other countries. Li decided that it was possible to develop further and focused on acquiring land plots that had just begun to lose value due to the cultural revolution of 1966-1976 in China. Thanks to this strategy, Ka Shing became a major developer and within 6 years increased his capital by almost 10 times, which amounted to 700 million Hong Kong dollars.

Li Ka Shing

In 1979, a businessman bought the British company Hutchison Whampoa, which had a large office in Hong Kong. Before Lee, none of the local entrepreneurs had been able to make such deals. Now his company became a market leader and provided a variety of services in construction, energy, trade and others.
Ka Shing was able to analyse the market and felt that this or that direction was promising. So the entrepreneur in the 80s decided to try his hand at the exchange. He invested in companies, and after a while he sold them at a higher value, which allowed him to increase his capital.
In Forbes ratings the name of the Hong Kong businessman appeared in 1987 and still does not leave them. At the same time, Li Ka Shing lives modestly and actively engages in charity.

Share
0
Previous Post Ameriprise Financial financial holding company: sphere of activity Next Post Sugar production process in Thailand dropped to 90 million tons

You Might Also Like

Thomas Price
Investors and Entrepreneurs
Investor Thomas Price: A business success story
06.01.2021
Peter Thiel
Investors and Entrepreneurs
Peter Thiel: the secret of investor and philanthropist success
09.08.2020
Brian Chesky
Investors and Entrepreneurs
Brian Chesky, the founder of the online platform Airbnb, came to success
07.11.2020
Carlos Helu
Investors and Entrepreneurs
Carlos Helu: The path to success for the richest man in Mexico
18.10.2020
Alice Walton
Investors and Entrepreneurs
Alice Walton: how does the heiress of the Walmart family empire live
19.08.2020
Marc Benioff
Investors and Entrepreneurs
Salesforce founder Marc Benioff and his success rules
07.12.2020

Recent Posts

  • 1Economy policy
    How Germany’s economy policy minimized the damage from the pandemic
    22.01.2021
  • 2Jio Platforms
    Indian telecommunications company Jio Platforms has received $9 billion in investments
    21.01.2021
  • 3Nasdaq Inc
    Nasdaq Inc has tightened its public offering rules for foreign companies
    20.01.2021
  • 4bubble in the market
    Analyst Julius Baer: there is a bubble in the precious metals market
    19.01.2021
  • 5Pexip
    Video communications service Pexip is planning an initial public offering in Norway
    18.01.2021

Popular Posts

  • Chaslau Koniukh on the analysts’ opinion on the key stake size change soon 0
  • What contribution do working women in Japan make to the country’s economy 0
  • Drop in oil prices: long-term forecast from IMF 0
  • PGNiG intends to reduce its dependence on Russian gas 0

Social

Editor's Picks

Chaslau Koniukh

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Latest Posts

Economy policy
How Germany’s economy policy minimized the damage from the pandemic
22.01.2021
Jio Platforms
Indian telecommunications company Jio Platforms has received $9 billion in investments
21.01.2021
Nasdaq Inc
Nasdaq Inc has tightened its public offering rules for foreign companies
20.01.2021

Chaslau Koniukh

Expert Chaslau Koniukh

Chaslau Koniukh is an international financial expert, a professional investor, an experienced analyst and a practicing trader. He advises European entrepreneurs; holds lectures on investment topics; is the author of scientific articles on work at the stock market.

Recent Posts

  • 1Economy policy
    How Germany’s economy policy minimized the damage from the pandemic
    22.01.2021
  • 2Jio Platforms
    Indian telecommunications company Jio Platforms has received $9 billion in investments
    21.01.2021
  • 3Nasdaq Inc
    Nasdaq Inc has tightened its public offering rules for foreign companies
    20.01.2021
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Youtube
  • Instagram
  • Biography

Expert Chaslau Koniukh: brief biography and path of formation

Let’s Socialize