Li Ka Shing - The King of Timing

Li Ka Shing - The King of Timing

Li Ka Shing has been in the news recently for selling his stake in Hutchison Essar to Vodafone for 11 billion $, proving yet again he is a master of timing.

For many years now, Li has been known to make the right investment at the right time and sell out for billion-dollar profits.

In 1999, he sold UK-based Orange telephone network to Germany's Mannesmann for a $14.6 billion profit.

Then, through the early 90s skeptics wondered why he took control of Canada's Husky Oil, which posted poor returns for years. Today the company is a prized jewel in his portfolio.

It will not be too long before we hear of Li again in one of his record-making deals