The 2025 Hurun Rich List reveals that Li Ka-shing, 97, and his elder son Victor Li, 61, saw their combined wealth grow by 35 billion yuan (+18%) year-on-year to 235 billion yuan. However, their ranking fell three spots to 9th place. The father-son duo leads CKH HOLDINGS and Cheung Kong Property, with investments spanning real estate, infrastructure, retail, telecommunications, ports, and energy sectors.
In June 2025, CKH HOLDINGS completed a merger with Vodafone’s UK telecom business, pledging 100 billion yuan over the next decade to build one of Europe’s most advanced 5G networks. Meanwhile, younger son Richard Li, with a net worth of 95 billion yuan, entered the top 50 as his FWD Group went public on the Hong Kong Stock Exchange in July. Li Ka-shing received 4 billion yuan in dividends over the past year.
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