The success story of the richest man in Hong Kong

The success story of the richest man in Hong Kong

Lee Ka Sheng richest man in Hong Kong! When you hear that someone is the 'richest man', it immediately comes to our mind that he managed to preserve his family's legacy and invest in it and increase his investment and work to increase his wealth, but then it is shocking when we discover that this man was very poor and that what he reached is not But because of work and diligence, and that one day did not have the strength of his day, and now he is the richest man in Hong Kong! Our story began with Lee Ka Sheng when he was born July 29, 1928 in a province in southern China. Then, because of the war in China with Japan, his family had to immigrate to Hong Kong in 1940. When the family settled in Hong Kong until his father died of tuberculosis, To leave school and work full time so that his family, who received poverty and hunger after his father's departure, could start working at the age of fourteen.

1- The trials and tribulations Li Ka Sheng met at the beginning of his life
2- Li Ka Sheng suffered a severe illness at the beginning of his life, when he was found to be a TB patient like his father, but his condition was not too late and he spent a period of quarantine until he was cured.

Will will make impossible:
Li Ka Sheng worked in two jobs to provide food for his family. He had to work 16 hours a day to work in a plastic factory. Even after hours, he went to his uncle's shop to buy enough money to live. The family was so poor that they sold his father's clothes immediately after his death so they could get money to buy food that would fill their hunger. Li Ka Sheng shaved his head completely and had to shave it every three months to save money.

The beginning of the establishment of Cheong Kong Industries Company:
1- Li Ka Sheng's name in the field of sales and trade from the work of his uncle, and his work in the plastic factory worked to gain considerable experience in the plastic industry, and this helped him to promote and take over more responsibilities in the factory. Li Ka Sheng loved to read and learn, because his father was a teacher and then a schoolmaster and he worked to instill love in the plant. Learning and reading in the same young since childhood.

2- He then began borrowing from relatives and friends until he got the required amount and started to set up his own factory which was a specialist in the manufacture of soap, plastic toys and combs, and was called the Hong Cheong ratio to the longest river in China. He started with a company capital of US $ 6,500. At the beginning of his establishment, Li Ka Sheng was doing all the factory functions himself, repairing machinery and gears, restricting transactions, accounting assets, and reading.

3- "The first apartment I bought for myself was 28 years old, and my happiness was so great," says Li Ka Sheng.

Follow developments for successful work:
1- Li Ka Sheng was following the international newspapers and magazines first-hand to be in line with the global market and knew what was new around the world. He found that the demand for artificial plastic roses was increasing especially in Italy. He traveled to Western Europe to learn the best ways to mix colors while making plastic On the artificial flowers closest to normal.

2- After returning from the journey, he decided to turn his factory from the plastic toy industry into a fancy, but cheap, plastic flower industry, which brought him much good. He had an agreement with a foreign buyer to supply him with flowers and became one of the largest suppliers of artificial flowers in Asia. From obtaining skilled labor, which helped to increase its production.

3- "When I entered an industry, I bought books and magazines specializing in the industry. When I founded plastic manufacturers, I read the modern American Plastics magazine, and I learned a lot about this industry and this market," says Li Ka Sheng.

Relationships last:
Li Ka Sheng tells me that one day a client asked him to cancel an agreed deal. He immediately accepted me without justification or asking for any financial compensation, because he felt that building strong relationships between people was far more important than money, Those goods without loss. A day later, an American client came to him on the recommendation of the man who had the best plastic factory in Hong Kong, and it turned out that he was someone from the company that canceled the deal. Li Ka Sheng alone produced goods for this American customer for 6 months.

Men's Word:
The whole commercial center knows that Lee Ka-sheng's word is better than a thousand written contract. He says that there is a customer who asked him to manufacture a certain product for a profit of 20% of the deal. This agreement was verbal and Lee Ka-sheng agreed. Then another dealer came and asked him to produce the same product for 30% but Lee Ma Sheng refused because he gave a word to the first trader, which led to solidify the extent of good and good treatment Li Ka Sheng. He asked the other trader to wait nine months for Lee Ka Sheng to finish his new factory and then he could do whatever he wanted. When the first trader learned what had happened, he was very impressed and became a customer to this day.

The beginning of his entry into the world of real estate and land:
1- A few years later, Li Ka Sheng became the largest supplier of artificial flowers in Asia, but then failed to renew his factory lease because of the overbearing of the owner. He took a step to start buying land and building a plant on it, and although it was not a step in mind, He opened many doors to him in the real estate world, and as time of war began to buy many lands at low prices in the belief that everything would be fine, and after the war began to sell the land again.

2- "At 30 years of age, I had wealth that made me and my family not needed to work for the rest of our lives," says Li Ka Sheng.

3- In 1971, Li Ka-Sheng founded Cheong King and after 8 years expanded and acquired British company Hutchison Wakbo and Hong Kong Electric Company. Lee Ka Sheng took his first step in the world of shipping and seaports so that he now controls more than 13% Of the world's container shipping industry, and his company accounts for 15% of the Hong Kong Stock Exchange. 

4- In 1979, Li Ka Sheng became Hong Kong's largest landowner and real estate owner. And began to invest in many other fields.

5- Today, in 2017 and at the age of 89 years, Lee Kaesheng's wealth is over $ 30 billion - very good.