(Bloomberg) -- Li Ka-shing built Hong Kong’s biggest fortune on old-fashioned real estate and infrastructure. It’s a bet on technology that’s paying off in the current crisis.
Li, called "Superman” by his admirers, was an early investor in Zoom Video Communications Inc. and owns about 8.6% of the San Jose-based company, according to regulatory filings.
The value of Li’s stake has surged 80% this year to US$3 billion -- the only public holding of his tracked by the Bloomberg Billionaires Index to record a gain.
His overall fortune is down about US$4.6 billion to US$25.7 billion this year after Hong Kong was hit by protests and the coronavirus pandemic.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
