World

The richest man in Hong Kong is funding an entire college class' tuition for up to 5 years - here's his incredible rags-to-riches life story

Posted On: Jun 19, 2019   |   Posted By: Business Insider

The richest man in Hong Kong is funding an entire college class' tuition for up to 5 years - here's his incredible rags-to-riches life story

Hong Kong 's wealthiest man, Li Ka-shing, announced June 16 that he would fund up to 5 years of tuition for Shantou University's incoming class.
Li is the 28th-richest person in the world and has an estimated net worth of $30.3 billion, according to Forbes .
Often called "Superman," he has an incredible "rags-to-riches" story that saw him go from being impoverished in southern China to building a conglomerate that spans across 50 countries and 323,000 employees.
Visit Business Insider's homepage for more stories.
Hong Kong billionaire Li Ka-shing announced June 16 that he would fund up to 5 years of tuition for Shantou University's incoming class.
Before he retired in 2018, Li ran CK Hutchison Holdings and CK Asset Holdings, the two massive conglomerates that he built in Asia's most famous rags-to-riches story. Li now focuses on his charitable foundation, the Li Ka Shing Foundation, and has pledged one-third of his wealth to philanthropy.
While he is no longer the richest man in Asia, the 91-year-old still...

Continue reading ...

 






The last Posts from Business Insider



'Chance the Snapper,' Chicago's alligator-on-the-loose, is finally caught

'Chance the Snapper,' Chicago's alligator-on-the-loose, is finally caught

Chance the Snapper, as he came to be known, had been on the loose in the park for almost a week - forcing a partial shutdown of the site. Read more ...

California man charged after police found more than 1,000 guns in his home

California man charged after police found more than 1,000 guns in his home

The man pleaded not guilty during a Monday morning arraignment. Read more ...

Netflix deletes graphic suicide scene in '13 Reasons Why' 2 years after outcry

Netflix deletes graphic suicide scene in '13 Reasons Why' 2 years after outcry

Read more ...

Justice Department won't bring charges against NYPD cop in Eric Garner's...

Justice Department won't bring charges against NYPD cop in Eric Garner's chokehold death

The Department of Justice won't bring civil rights or criminal charges against NYPD officer Daniel Pantaleo in the death of Eric Garner, a source familiar with the case told Read more ...

DOJ Won't Charge New York City Police Officer In Eric Garner's Death

DOJ Won't Charge New York City Police Officer In Eric Garner's Death

Daniel Pantaleo will not face federal civil rights charges in a death that prompted a national outcry. Read more ...

No federal charges for NYPD officer accused of fatally choking Eric Garner

No federal charges for NYPD officer accused of fatally choking Eric Garner

Garner's words “I can't breathe” became a rallying cry for police reform activists, coming amid a stretch of other deaths of black men at the hands of white officers. Read more ...

Trump said 'I don't have a Racist bone in my body' as he slammed criticism...

Trump said 'I don't have a Racist bone in my body' as he slammed criticism of his racist tweets

President Donald Trump on Tuesday continued to reject criticism of a series of racist tweets he sent out on Sunday. On Twitter, the president said: "Those Tweets were NOT... Read more ...

Relive the Apollo 11 launch 50 years later

Relive the Apollo 11 launch 50 years later

The Apollo 11 mission - in which humans first walked on the moon - turns 50. Watch the televised moment that an estimated 650 million Earthlings witnessed on July 16, 1969... Read more ...

PHOTOS: Final renderings of FC Cincinnati's West End stadium

PHOTOS: Final renderings of FC Cincinnati's West End stadium

The long-awaited big reveal of the final plans for FC Cincinnati's new home in the West End are finally coming to light. Read more ...

Explosion destroys home in Southern California, kills worker

Explosion destroys home in Southern California, kills worker

A worker was killed and another was injured in a gas explosion that destroyed a home, a company said. Read more ...