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Li Ka-shing's one-third wealth is a stake in Zoom, that's worth $11 billion

Shortpedia

Content Team
Image Credit: shortpedia

Li Ka-shing's Hong Kong business empire is not going that well, but he still managed to remain the city's richest man. How? That's because of an early bet on Zoom Video Communications. The tycoon first invested in the video-conferencing app in 2013. The 92-year-old now holds 8.5% of the San Jose, California-based company, a stake that's worth $11 billion, or it is better to say one-third of his wealth.