The Olympics

The Olympics

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News, information and stories about the Olympic Games.

Sunday 31 October 2004

Donation

Li Ka-shing, Hong Kong's and Asia's richest man, has donated US$12.8M to the 2008 Beijing Olympics.



Liu Qi, Hong Kong's top Communist Party official, has declared him to be a patriot:



"What we received is not just money but more importantly the patriotism of Mr. Li and his support for the Olympics..." .



Li is known to be close to the Chinese leadership, and frequently donates to charitable causes in the mainland.



Li, Nicknamed "Superman" for his moneymaking prowess, has an empire that includes real estate, shipping, mobile networks, oil and retail companies. He is ranked the world's 19th richest man by Forbes.



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