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Li Ka-shing Trivia Questions

How much do you really know about Li Ka-shing? Below are 8 true or false statements. Click each one to reveal the answer and explanation.

1.

Li Ka-shing started his business empire with a plastics flower factory.

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Easy
✓ TRUE

In 1950, he founded Cheung Kong Industries, a small plastic flower and toy manufacturer, which later grew into a global conglomerate spanning ports, telecom, and real estate.

2.

Li Ka-shing is the sole owner of the Panama Canal.

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Medium
✗ FALSE

His company Hutchison Whampoa operated ports at both ends of the canal for decades, but the Panama Canal itself is owned and managed by the Panamanian government.

3.

Li Ka-shing was born in a wealthy banking family in Hong Kong.

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Medium
✗ FALSE

He was born into a poor family in China, fled to Hong Kong during WWII, and started work at a plastics factory at age 15 after his father died.

4.

Li Ka-shing’s net worth once exceeded that of the Queen of England.

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Medium
✓ TRUE

His peak net worth of over $35 billion surpassed the British royal family’s estimated wealth, though the Queen’s personal fortune was much smaller than often assumed.

5.

Li Ka-shing is the richest person in Chinese history.

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Medium
✗ FALSE

While once Asia’s richest, his peak net worth is dwarfed by historical Chinese figures like Emperor Shenzong or modern tech billionaires like Jack Ma at certain points.

6.

Li Ka-shing predicted the 1997 handover of Hong Kong would be disastrous for business.

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Hard
✓ TRUE

In the 1980s, he publicly expressed concerns, but later adapted by investing heavily in mainland China and Europe, becoming one of the biggest beneficiaries of the handover.

7.

Li Ka-shing donated a billion dollars to found a university in his hometown.

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Hard
✗ FALSE

He founded Shantou University in Guangdong, China, and has donated over HK$10 billion to it, but not a single billion-dollar gift; it was built over many years.

8.

Li Ka-shing once owned a majority stake in Facebook.

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Hard
✓ TRUE

Through his venture fund Horizons Ventures, he invested about $60 million in Facebook in 2007–2008, before its IPO, and held a 3% stake at one point.

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