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Li Ka-Shing, the Hong Kong business tycoon is the richest Asian in 2004 and owns two of the major Hong Kong business houses (hongs), Hutchison Whampoa and Cheung Kong (Holdings). His conservative accounting, sense of timing and ability to recruit talented people, are considered to be the assets that made him the 19th richest man in world in the Forbes 2004 list with a net worth of US$12.4 billion. His political connections, large size of his business and his philanthropy were considered as the basis for his success. The case throws light on the entrepreneur''s life and his deal making abilities and how his quick decision making helps him make good deals and quickly move away from non-lucrative ones. The case details the Li Ka-Shing''s achievements and his attitudes and beliefs that molded him as a successful and world-renowned entrepreneur.