Buddhist Li-Ka-Shing, Asia’s wealthiest man.

Update: 28/09/2015
According to the figure estimated on March 27, 2015 of Forbes Magazine, the property of Hong Kong business magnate is approximately USD 33.2 billion. Therefore, now he is the richest person in Asia and the17th global wealthiest.

Buddhist Li-Ka-Shing, Asia’s wealthiest man.


\r\nLi- Kai- Shing was born on July 29, 1928 at Chaozhou, Guangdong,\r\nChina.  In 1939, he and his family moved to Hong Kong. After his\r\nfather’s death, he was forced to leave school to make money to support his\r\nfamily when he was only 14 years old. In 1948, he was appointed to be a\r\ndirector of plastic trading industry, where he worked hard and had outstanding\r\nachievements. Two years later, at the age of 22, by USD 7,000 that he had\r\nsaved, he established his own plastic manufacturing industry. At the end of\r\n1957, his industry officially changed into The Limited Company of Truong Giang\r\nThuc Nghiep (Long River co.). From then on, he has kept expanding the scale of\r\nTruong Giang Thuc Nghiem in order to become one of the most 10 Hong Kong\r\npowerful corporation and had a large affection to stock market in the world.

 In order to achieve success, he had to dedicate to\r\ncreate his own business strategies, with four main ideologies:

 Taking the idealogy of Confucianism to run the\r\nbusiness.

Treating talented people with the benevolence of the\r\nBuddhism.

Use stable mental condition to develop his career.

Treat competitors with friendly mind.

Li- Kai- Shing said:

“Only when we aware earning money is not a simple thing, do\r\nwe become wise people, who truly succeed in working. Fame and wealth are not\r\nthe most important thing and they will be unsuccessed without loyalty. Living\r\nhonestly is the plentiful resources; enduring is the Buddhist magic of\r\nwealth...”

To everyone, Li-Kai-Shing is the richest man in Asia, yet to\r\nhim, innermost feeling property is the real one.  From early days,\r\nbesides developing careers, he dedicated to do for public benefit, grow\r\nblessing fields at Hong Kong, China and all over the world. In 1980, he\r\nestablished the Li-Kai-Shing Foundation with the aim of donating for education\r\ncareer, medical, culture and public interest in a systematic way. He usually\r\nspends hundred Hong Kong  dollars to do charity such as: building\r\nBuddhist statues, mending pagodas, constructing bridges and streets, boosting\r\neducation, medical aid, supporting scientific research, maintaining traditional\r\nculture, helping people in need. Li- Kai- Shing wrote a will to raise a\r\nsubscription of more than 90% of his property for charity organizations. He is\r\none of the most significant one who contributed good fortune for construction\r\nof the world biggest bronze statue of the Sakya Muni Buddha located in Tai\r\nPing Mountain. In March, 16th, 2015, Li-Kai-Shing inaugurated Tsui Sing\r\nLau pagoda,Tai Po District, Hong Kong, where he contributed USD 290\r\nmillion  (more than 6200 billion VND) to invest construction…

Li- Kai-Shing’s mother - Ms Zhuang Biquin – who was a devout\r\nBuddhist, with the instruction of his mother, from young age, Li-Kai-Shing is\r\nreligious Buddhist, respecting Confucianism, mind of great kindness”.\r\nBuddhist doctrine taught that both good and evil things have to be repaid. They\r\nhave cause and effect and advice self-improving and doing good things. Ms\r\nZhuang Biquin considered Buddhism doctrine as a main standard, used it to\r\neducate children. She cherishes Li- Kai- Shing, yet not to pamper, biased him.\r\nShe taught him Buddhism doctrine, told him how to be merciful, honest to\r\nothers. In the evening, she helped him way to read, write, and told him story\r\nof eminent poet, national heroes in the past, such as: Lin Zexu, a great hero\r\nwho gave whole heart to Buddha. Therefore, whether Li- Kai- Shing is a normal\r\nperson or business man, he always keeps “honesty, helpful, conscientious” and\r\ndoes good things.

 Li- Kai- Shing family is a typical Buddhist one in\r\nHong Kong and Taiwan regions. Their family members profoundly believed in\r\nKarma; the immanent connection between handing out and wealthy, deeply thought\r\nthe mercifulness is specific action of Buddha, Bodhisattva. Li-kai-shing’s wife\r\nChou Hoi Minh is also a Buddhist. When she was about to die, she reminded her\r\nfuneral must follow Buddhist tradition. Therefore, Li-Kai-shing and his family\r\nmembers buried her at the cemetery for Hong Kong Buddhist.

Superman Li- Kai- Shing achieved success in educating children.\r\nBoth of his children reap accredited achievement in business. In relation to\r\nteaching kids, he supposed educating children should use Buddhology to widen\r\nknowledge on how to become good people. Even when they had already grown up, it\r\nis better if teaching them 2/3 the way to be good person, and only 1/3 on\r\nteaching how to earn money. It is because the important thing is dealing the\r\nrelationship between people not money. Li-Kai-Shing said when he was young; his\r\nmom gave him lessons on giving and being honest. Now, he also teaches their\r\nkids to notice the prestige in their own career, keep promise. Moreover, he\r\nrequired them to think of others, not to be greedy, but hard-working and\r\ntruthfully dedicated.

He has his own quote:

“I feel, in life if people have full capacity, they can\r\ndevote to society, look for and build a better life for people in difficulties.\r\nIt will be meaningful. He considered it as his entire life career.

He always says to everyone calmly: “I am a person who\r\nstudies Buddha”.

“Nothing in numerous dharma will make any cause and effect”.\r\nTo Li-Kai-Shing, property is a “good seed”. Li- Kai-shing is a Buddhist, a\r\ntypical alms-giver, a good example for Buddhist study.


Translated into English by Nguyen Xuan My Hien.

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