02 Nov '11, 12am

Who Are Asias Richest Families? - Yahoo! Singapore Finance via @YahooFinance

Starting from humble beginnings, the Chinese business magnate quit school at age 12 and fled from mainland China to Hong Kong with his family in 1928. After working at a plastics company, Ka-shing (pictured - right) started his own plastic manufacturing business at age 22, which is now Cheung Kong Industries — one of Hong Kong's leading real estate investment firms. The business was publicly listed in 1972 and continued to expand, acquiring Hutchison Whampoa and Hong Kong Electric, to name a few. Ka-shing's business is now so diversified that it includes everything from shipping and telecommunications to biotechnology, and operates companies in China, the U.K., and Australia. His two sons, Victor Tzar Kuoi (pictured), 47, and Richard Tzar Kai Li, 44, are leading businessmen in their own right. Victor heads Cheung Kong, Hutichson Whampoa, and KC Life Sciences and is seen as...

Full article: http://sg.finance.yahoo.com/news/Who-Are-Asia-Richest-Fam...

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