Li Ka-shing, the 90-year-old Hong Kong tycoon¹, officially stepped down as the chairman of Cheung Kong Holdings. He is succeeded by his eldest² son, Victor Li Tzar Kuoi, but will serve as a senior adviser³, reports thepaper.cn.

 

澎湃新闻报道，90岁的香港大亨李嘉诚正式退出长江实业董事长一职。他的长子李泽巨将接替他的位置，但他仍将担任高级顾问。
 

 

Li Ka-shing, who has been working for 78 years, is worth an estimated 36 billion U.S. dollars, up 19 percent from last year, according to the annual list of Hong Kong's richest people released by Forbes Magazine in January. He has held the position of Hong Kong's richest person for 20 years in a row.

 

Li's four listed companies, CK Hutchison, CK Asset, CK Infrastructure⁴, and Power Assets, have expanded globally in areas including real estate, ports, telecommunications, retail⁵, energy, and infrastructure. Li's companies employ over 320,000 people in more than 50 countries.

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