After working tirelessly to build his empire over nearly seven decades, 89-year-old Hong Kong tycoon Li Ka-Shing announced his retirement last Friday. He will be stepping down as chairman of Hong Kong conglomerate CK Hutchison Holdings Ltd. and property giant CK Asset Holdings Ltd. after the annual general meeting on May 10.
See also: 9 Hong Kong Families On Forbes Asia's Richest Families List 2017
Li will continue to serve as senior advisor to the group after his retirement, and his eldest son Victor Li is expected to take over as chairman.
While the story of Li Ka-Shing, a wartime refugee who went from selling soap bars to building skyscrapers, has made him a household name, here are five facts you may not know about this legendary tycoon:
Perhaps Li’s business acumen and charisma can be attributed to his zodiac sign, the dragon, which is typically associated with ambitious personalities. True to form, Li grew his personal fortune from a young age as a skilled salesman, outearning his colleagues and impressing his superiors. Li is also a Leo, which could explain his bold, trail-blazing persona.