Core Insights - Li Ka-shing, at 97 years old, has been named Hong Kong's richest person for the 23rd time with a net worth of $37.3 billion (approximately HKD 290.94 billion), but has recently faced significant financial setbacks [1] - The half-year report from CK Hutchison Holdings revealed a 92% drop in net profit to HKD 852 million, marking the largest decline since the company's restructuring in 2015 [1] - Li Ka-shing emphasized the need to continue advancing port transactions and alleviating regulatory scrutiny to restore market confidence during the earnings call [1] Group 1: Business Background - Li Ka-shing began his entrepreneurial journey at the age of 15, establishing a toy factory and later achieving significant success in the plastic flower industry, which led to a rapid expansion of his business [3] - His wealth significantly increased after he pivoted to real estate in 1958, making strategic acquisitions during market downturns, which later appreciated in value [3] - Li has demonstrated a keen ability to capitalize on market opportunities, exemplified by his sale of the Shanghai Century Link complex for HKD 20 billion in 2020 and the transfer of the Chengdu South City project for HKD 3.8 billion in 2021 [3] Group 2: Family and Succession - Concerns have arisen regarding the ability of Li Ka-shing's sons to inherit and manage the family business, as both have not exhibited the same entrepreneurial spirit [10] - Eldest son Li Zeju, once seen as the primary successor, has become more cautious following a traumatic kidnapping incident in 1996, leading to missed investment opportunities [10] - Younger son Li Zekai has distanced himself from the family business amid recent controversies, although he has made strides in the insurance sector and is focusing on health-related investments [12] Group 3: Future Prospects - Li Ka-shing is actively exploring investments in cutting-edge life sciences, including a significant investment in the NAD+ sector, which has shown promise in cellular rejuvenation [6][7] - The optimized "Yao-Hao-Sheng" product has successfully entered the market through major retail channels, receiving positive feedback from consumers [7] - Despite his wealth, Li Ka-shing is increasingly concerned about the sustainability of his empire across generations, reflecting a common challenge faced by wealthy families [14]
97岁李嘉诚:2909亿身价不惧“油尽灯枯”,忧心2个儿子无力接班
Sou Hu Cai Jing·2025-09-17 08:39