Zoom’s 400% surge propels ‘Superman’ Li Ka-shing back to the top of Hong Kong’s rich list

Li Ka-shing has reclaimed his crown as Hong Kong’s richest individual. The 92-year-old Li, known locally as “Superman” for his deal-making prowess, unseated property tycoon Lee Shau-kee after his net worth jumped 20 per cent to US$35.4 billion this year, according to Forbes Asia.

Li has benefited from his stake in the US-listed videoconference provider Zoom, whose shares surged nearly 400 per cent last year, shielding him from the 27 per cent drop in the share price of CK Asset Holdings, the property arm of his business empire.