Li Ka Shing: Hong Kong Billionaire invests another $40 Million into Facebook

Techcrunch reports that, Hong Kong telecom giant Hutchison Whampoa’s, chairman, Li Ka-shing has raised his stake in Facebook by another $40 million plus, in addition to his $60 million, that he had previously invested. This brings his total personal investment in the U.S. social networking site to at least $100 million. No word on whether Facebook’s $15 billion valuation has […]

Techcrunch reports that, Hong Kong telecom giant Hutchison Whampoa’s, chairman, Li Ka-shing has raised his stake in Facebook by another $40 million plus, in addition to his $60 million, that he had previously invested. This brings his total personal investment in the U.S. social networking site to at least $100 million. No word on whether Facebook’s $15 billion valuation has changed from when Li Ka Shing first joined Microsoft in putting money into the company.

Li Ka-shing, Li Ka Shing, Hutchison Whampoa, Telecom, Hong Kong, Facebook, Microsoft, Investment, Finance, Stock, Social Media, Social Network