Li Ka-Shing undergoes spine surgery — 5 takeaways

Written by Allison Sobczak | December 21, 2015 | Print  |

Billionaire Li Ka-Shing underwent spine surgery in the United States after injuring himself while exercising, according to Bloomberg News.


Here are five takeaways:


1. Li Ka-Shing is the richest man in Hong Kong, with a net worth of $31.9 billion. He is a business magnate, investor and philanthropist, and chairman of the board of CK Hitchison, which makes him the world's largest operator of container terminals and the world's largest health and beauty retailer.


2. The surgery was used to treat lumbar spinal stenosis.


3. Li-Ka Shing instructed his son to keep 80 percent of his foundation's funds invested in projects in Greater China.


4. In late September, Li Ka-Shing issued a rebuttal statement after the Chinese Communist Party's official People's Daily said in a commentary that Li Ka-Shing's "eye-catching" reduction of investments in China cast a shadow over the nation. He left the day after making that statement.


5. The surgery took place in late September.


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