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People and Companies

li: For 2018, Forbes put Li's net worth at US 34.9 billion, ranking him 23rd in the world, and his companies employ 323,000 people.article continues below Trending Stories Whistler Blackcomb heli-guide dies in avalanche Commercial Drive's Falconetti's East Side Grill has quietly closed Wrong-way driver in Highway 99 crash dies Metro Vancouver's golden handshake has some people seeing red Former Vancouver city councillor and CEO of immigrant services group SUCCESS Tung Chan, who has met both Lis during their time in Canada, said while people might debate Li's role in shaping Vancouver's current real estate and urban development trends, the key impact of the billionaire's 1988 purchase of the Expo 86 lands was an instant image refresh for the city in the eyes of Hong Kong's investment elites, according to Vancouver Courier. He really put Vancouver on the map, Chan said, noting a number of high-profile Hong Kong investors who followed after Li's 320 million purchase of the Expo lands. The elder Li, Hong Kong's richest man and a regular amongst the top players on Forbes' most-wealthy lists, announced this month he will retire after CK Hutchison Holdings Ltd.'s May 10 annual general meeting. Once he bought the land, others quickly followed suit. Li is that he was able to bring the investment and the initial impetus to invest in Vancouver. The proper credit for Mr. ( As reported in the news.