Li Ka-shing, the 19th richest man in the world, divested his Canadian Imperial Bank of Commerce stock of $1.2b in January 2005. The money is to be set aside in a Canadian charity. As a CIBC investor, I immediately looked for any books on this billionaire. Last week, I came across journalist, A. Chan's absorbing biography and discovered that the questions I wanted answered were written in a straight forward and clear manner. Some of the questions involved Mr. Li's origin, rags to riches story, family, philosophy of life, attitude to money, investments in Canada, and two sons. I especially liked the Hong Kong and Chinese backdrop to his story. After this book, Mr. Li is no longer elusive. This is journalism at its best!
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