Statistics in June this year showed that Hong Kong’s revenue in the first quarter reached 722.1 billion yuan. This result is enough to show the prosperity of the city of Hong Kong, and this land has also cultivated many billionaires. The one we are most familiar with is Hong Kong’s richest man Li Ka-shing. .
We know that Li Ka-shing made his fortune in real estate in the past, but now he has set his sights on multiple fields. In fact, the most curious thing about Li Ka-shing is how many assets does Li Ka-shing have?
Li Ka-shing has reached the top of the throne of the richest Chinese man 15 times. It was not until 2014 that he fell from the position of the richest man. In 2008, Li Ka-shing once stated that he was worth 30 billion U.S. dollars, but now that 13 years have passed, why is his worth? Is it still at this level?
You know, Zhong Sui Sui of Nongfu Spring has a net worth of US$90 billion. Judging from his book assets, he is worth three times that of Li Ka-shing, but Li Ka-shing does not care about the rank of wealth at all, so many people think that Li Ka-shing’s era Has passed. However, Li Ka-shing's true wealth has been exposed recently.
In fact, Li Ka-shing's exposure of assets this time is also a necessary means, because CKH Holdings plans to acquire 4 projects in Europe and has to disclose its property assets. It is this asset report that has allowed people to gradually understand Li Ka-shing's true wealth. His worth is not US$30 billion as he said, but RMB 400 billion, which is twice as much as he said.
If Li Zekai hadn't sold the shares of QQ Music back then, their assets could increase by at least hundreds of billions, and could even impact the position of the world's richest man. But even if there is no shares in Tencent, the Li Ka-shing family still owns at least 400 billion in assets. Of course, this money may be part of it, but we know only so much.
Since the 1990s, Li Ka-shing began to rise. At that time, people's demand for housing continued to increase. Therefore, Li Ka-shing found business opportunities. He not only built houses but also invested in real estate, and a steady stream of cash flow entered his pockets. Over time, Li Ka-shing also focused his attention on real estate in the mainland.
It can be said that Hong Kong residents' food, clothing, housing and transportation are almost all related to the Li Ka-shing family. Such a huge business empire has gradually accumulated 400 billion yuan in assets for Li Ka-shing. In fact, apart from the Yangtze River Group, Li Ka-shing also has 22 listed companies, and has invested hundreds of billions in people's livelihood projects in Europe.
According to the financial report, in the first half of 2021, Cheung Kong Group’s revenue reached HK$34 billion and net profit was HK$8.3 billion, of which 40% of its revenue came from property. In addition to properties in the Mainland and Hong Kong, Li Ka-shing has over 200 property projects overseas.
One thing we can find is that the current market value of Cheung Kong Group is 190 billion, but the value of Li Ka-shing’s properties has reached 400 billion. This shows that Li Ka-shing still has many assets that we don’t know about, if it weren’t for this time he wanted to buy Europe. Project, we will not know the estimated assets of 400 billion.