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Technology Stocks : PCW - Pacific Century CyberWorks Limited
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To: pennywise who started this subject3/6/2001 11:34:50 PM
From: ms.smartest.person   of 2248
 
Dossier: Li Ka-shing
This Dossier was last updated on Mar 6, 2001.

Vital Signs
Name: Li Ka-shing
Title: Chairman
Company: Hutchison Wampoa
Sector: Basic Industries
Age: 72
Education: Did not attend University
Salary: n/a

Claim to fame: Billionaire Li Ka-shing began his career in 1940 by manufacturing plastic flowers. He made his fortune in Hong Kong real estate when prices fell during the chaos of the Cultural Revolution. In the 1980s, Li, known as 'Mr Money' began to invest abroad, teaming up with Beijing's main property development firm. The tycoon brought his sons, Victor and Richard, into Canadian deals that included the purchase of Husky Oil and the Expo '86 Lands in Vancouver. Li became one of the biggest shareholders in the Canadian Imperial Bank of Commerce. In 2000, Li bought 51 per cent of Andala, giving the Italian company money to bid for a mobile phone license. But he ruled out buying a stake in his son Richard's telecommunications company, Pacific Century CyberWorks, which has seen its share price languish at a fraction of its level during the heady internet fever last year.
Quotable quote: 'The most important enjoyment to me is to work hard and make more profit.'
Etc: He was found guilty of insider trading after a widely publicised trial in 1984.

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